Refining
Tesoro CEO expects refineries to run up to 99 % in Q3
Tesoro Corp. seven US refineries likely to operate at between 93% and 99% of their combined throughput of 831 Mbpd in Q3 of 2016.
AFPM requests EPA move the point of obligation of RFS
The American Fuel & Petrochemical Manufacturers filed a petition for rulemaking with the Environmental Protection Agency to move the point of obligation under the Renewable Fuel Standard to the same point where fuel excise taxes are collected.
Refiner HollyFrontier doesn't see output cuts despite weak margins
HollyFrontier does not expect to cut production of refined products, contrasting comments made by its rivals.
Chinese petrochemical company licenses technology from Honeywell UOP and ExxonMobil to produce premium fuels and high-quality base oils
Hainan Handi Sunshine is the first customer in China to license technology from the joint Honeywell UOP-ExxonMobil marketing alliance for premium fuels and lubes.
Irving Oil confirms agreement in place to acquire Whitegate refinery in Ireland
Irving Oil reached an agreement with Phillips 66 to acquire its Whitegate refinery located near Cork, Ireland.
Idemitsu family, in fight with management, buys Showa Shell shares to block acquisition
The founding family of Japan's Idemitsu Kosan Co. bought a stake in Showa Shell Sekiyu KK, in a bid to block Idemitsu management's billion-dollar plan to take over the rival oil refiner.
US investigation faults Tesoro in worker injuries
Workers injured in incidents between 2010 and 2014 at Tesoro Corp.'s San Francisco Bay-area refinery in Martinez, California were due to a weak safety culture.
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.
- 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
