Refining
China's parliament proposes new environmental tax benefits
China's parliament has proposed increasing tax benefits for companies that cut pollution by more than the national standard.
Rompetrol to perform scheduled maintenance work at Petromidia Refinery
Rompetrol has begun scheduled maintenance at its Petromidia refinery and conducting an investigation into the August 22 explosion.
Japan's JX, TonenGeneral merger deal imminent
Japan's JX Holdings and TonenGeneral Sekiyu are set to finalize details Wednesday, August 31 for a new merged company to be formed in April 2017.
Sulfur tank explosion and fire at Tesoro Carson refinery
A fire erupted at Tesoro’s Carson refinery after a 1-ton sulfur tank exploded.
Profit at China's Sinopec slumps 21.6% in first half
Sinopec said its net profit fell 21.6% in the first half of 2016, hurt by a steep decline in international oil prices.
Oil refiners face reprieve as maintenance tames fuel glut
Oil refiners reeling from tumbling profits can expect some reprieve in the coming weeks as lower production could tame a huge global excess of gasoline and diesel.
LyondellBasell retains bank for potential Houston refinery sale
LyondellBasell Industries has retained Bank of America Merrill Lynch to help with the potential sale of its refinery in Houston.
Enerkem's Edmonton biofuel facility obtains ISCC certification
Enerkem Inc. obtained certification from the International Sustainability and Carbon Certification system for the biomethanol production of its Enerkem Alberta Biofuels full-scale facility in Edmonton, Canada.
Phillips 66 delays planned SRU maintenance at Borger, Texas refinery
Phillips 66 delayed a planned maintenance on a sulfur recovery unit that was scheduled for Friday at its Borger, Texas, refinery.
EIA: Crude price differentials a factor as refining profits converge
Refinery earnings were lower in Q2 2016 compared with the same time last year and are converging among different locations globally.
- Transitional Industries and CFEnergia sign feedstock supply contract for $3.3-B Pacifico Mexinol project 2/17
- Neste and World Fuel Services extend partnership, expanding SAF availability at more than 100 airports in Europe 2/17
- U.S. refined product exports by tanker increase to > 6.3 MMbpd in January 2/17
- Japan's oil and gas independence climbs to highest since 2009 2/17
- Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion 2/17
- Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure 2/17
