Refining
Idemitsu, Showa Shell chiefs met to confirm merger plan
Idemitsu is considering acquiring a smaller stake in Showa Shell than planned to counter efforts by its founding family to block a merger of the two oil refiners.
BP’s Whiting refinery reduces wastewater discharge into Lake Michigan
BP said the wastewater sediment discharge from its Whiting, Indiana refinery returned to permitted levels Thursday, after several days of exceeding allowed amounts due to an upset at a wastewater treatment plant.
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.
- Valmet to acquire Severn Group to strengthen Process Performance Solutions segment 12/22
- World’s first dynamic green ammonia plant starts operations in Denmark 12/22
- Baker Hughes to supply liquefaction equipment for Commonwealth LNG export project 12/22
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
