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Refining

Argentina looks to stop light crude imports, boost domestic refining

Increased refining of domestic light crudes and further investment in the oil sector keep country rolling toward energy independence.

Climate laws could mean higher refining costs

Curbing increasing levels of greenhouse gas emissions remains a key requirement, and challenge, for global oil refiners and gas producers.

ExxonMobil to expand distillates output at Altona refinery in Australia

ExxonMobil Corp. plans to add 10 Mbpd of diesel and jet fuel production capacity at its refinery in Melbourne, Australia.

Pemex could give up majority stakes in refineries

Pemex's CFO says the company is seeking partners to operate its money-losing refineries and plans to "dilute" its ownership in the plants.

US refiners seek alternatives to Canada oil sands crude

The widespread regional fire is putting a big dent in imports from Canada, and while there are other plentiful sources, they will take time to move to the US Midwest.

IEA: Oil outlook brightens as output disruptions erode surplus

Demand growth, which is unchanged since April, remains at about 1.2 MMbpd, with India, China and Russia helping support demand.

Worker killed in accident at Komsomolsk refinery of Russia’s Rosneft

The worker was from a contractor firm working on the site, Rosneft said in a statement. The accident occurred during tests at a pipeline which was undergoing maintenance works.

US refiners tighten belts as golden era fades

HP Editorial Staff: HP News Services

US independent oil refiners are shelving projects and tightening budgets as a global glut of diesel and gasoline erodes their profit, ending a golden era of high refining margins.

US fuel inventories tumble as refiners cut rates

Gasoline and distillate inventories also dropped more than expected, as refining rates fell, new data from the Energy Information Administration (EIA) showed.

ExxonMobil reports death of contractor in work at Beaumont refinery

The AltairStrickland worker was struck in the head and neck area by piping that was being removed from a heat exchanger, a local sheriff's office spokesperson said.