Americas

United Airlines invests millions into proposed Oregon biofuel refinery

United Airlines will add $37.5 MM into a proposed biofuel refinery in northwest Oregon, per a report by OPB.

Refiner Phillips 66 to boost investor returns by up to $12 B

Refiner Phillips 66 said it plans to return up to $12 B more to shareholders by end-2024 through dividends and stock buybacks, sending its shares up as much as 3%.

Fire breaks out at Chevron's El Segundo, California refinery

Chevron said fire crews responded to an isolated fire inside its 269,000-barrel-per-day El Segundo refinery in California on Tuesday, with no injuries due to the incident.

Phillips 66 plans to lay off 1,100 workers by end-2022

Refiner Phillips 66 said on Wednesday, it plans to reduce its employee headcount by 1,100 to help cut costs and meet its savings target of $500 MM by end-2022.

Why sulfur plants fail: An in-depth study of sulfur recovery unit failures—Part 2

Bohme, G. E., Sulphur Experts Inc.

Equipment malfunction or an unplanned shutdown of a sulfur recovery unit (SRU) can have a significant effect on a production company’s profitability, along with an equally serious impact on personnel safety and the environment.

Potential US refined oil product export ban would challenge already constrained global markets and refining systems

A proposed US refined product export ban would save US consumers at the gasoline pump but pose significant challenges and costs to US and global refining systems, according to a recent analysis from Wood Mackenzie.

Exxon selling Montana oil refinery to Par Pacific for $310 MM

ExxonMobil Corp agreed to sell its Billings, Montana, refinery and related pipeline properties to Par Pacific Holdings Inc for $310 MM.

Exxon says Texas refinery lockout was lawful in reply to NLRB complaint

ExxonMobil Corp said in its reply to a U.S. National Labor Relations Board (NLRB) complaint that the lockout of over 600 workers at its Beaumont, Texas, refinery was lawful, according to a filing with the board.

Diesel’s gloomy message for the global economy

Global shortages of middle distillates such as diesel, gas oil and heating oil are intensifying rather than easing – making it more likely a relatively severe slowdown in the business cycle will be necessary to rebalance the market.

2022 HP Awards Finalists

Nichols, Lee, Hydrocarbon Processing Staff

Hydrocarbon Processing, the downstream processing sector’s leading technical publication for 100 yr, has announced the finalists for its sixth annual HP Awards, which celebrate innovative technologies and people that have been instrumental in improving facility operations over the past year.