Refining
Delta's refinery sacrifices profits for lower fuel cost
Delta Air Lines Inc. is flooding the New York market with jet fuel from its refinery, sacrificing refining profits in order to lower the carrier’s fuel costs.
Column: Valero blames excess winter production for US gasoline glut
The accumulation of gasoline stocks in the US has been driven by excess gasoline production rather than lack of demand, according to Valero, the largest independent refiner in the US.
Refiners and small fuel retailers disadvantaged by EPA biofuels program
US regulators should alter a much-debated biofuels program that disadvantages refiners and small fuel retailers.
Italian refiner Saras starts repaying Iranian oil debt
Italian oil refiner Saras has paid back part of the debt it owes Iran for cargoes of crude oil taken before sanctions were imposed on the country in 2012.
BP Whiting refinery reformer production cut for repairs
BP Plc. curtailed production on the reforming unit at their refinery in Whiting, Indiana, for repairs.
Amec Foster Wheeler wins Thai Oil’s Clean Fuel Project contract
Amec Foster Wheeler has been awarded a FEED contract by Thai Oil Public Company Ltd. for its Clean Fuel Project at the Sriracha Refinery in Thailand.
Egypt studies 8 state-owned oil companies for IPO or share
Egypt's Ministry of Investment will assess eight state-owned petroleum companies for their suitability for a possible listing on the Egyptian Stock Exchange.
Phillips 66 says refiners to cut production as margins shrink
Phillips 66 seconded rival Valero Energy Corp.’s statement that refiners are expected to process less crude in the second half of the year as margins shrink due to a gasoline glut.
PBF Energy's Torrance refinery running above historic average
PBF Energy’s newly acquired Torrance refinery has been running above its historic throughput rates for the last month after it took ownership of the facility from ExxonMobil on July 1.
Column: La Nina set to boost US winter heating oil demand
Refiners are hoping distillate will get a further boost from a pick-up in freight movements and a colder winter in 2016/17.
- The Shipping Corporation of India and Mazagon Dock Shipbuilders sign contract for methanol dual fuel platform supply vessel 3/20
- Technip Energies invests in Verso Energy’s DEZiR eSAF project in Rouen 3/20
- Honeywell’s commercial launch of AI-powered control room assistant follows successful pilot 3/20
- Serbia secures U.S. sanctions waiver for its NIS oil firm 3/20
- Tanker carrying fuel originally bound for Cuba diverts to Trinidad 3/20
- Vietnam accelerates shift to ethanol fuel as Iran war drives up energy prices 3/20
