SAN ANTONIO, Texas -- Stockholders of both Tesoro Corporation and Western Refining, Inc. voted to approve Tesoro's expected acquisition of Western Refining. At separate special stockholders' meetings, Tesoro stockholders approved the issuance of shares of Tesoro common stock in connection with the expected acquisition, and stockholders of Western Refining approved the adoption of the previously disclosed agreement and plan of merger.
SINGAPORE (Reuters) -- Thailand's largest oil refiner Thai Oil has bought its first ever cargoes of US Eagle Ford crude and Oman crude as its diversifies purchases amid OPEC production cuts, two sources with knowledge of the matter said on Friday.
RABAT (Reuters) -- A Moroccan court has granted an extra month for the liquidation process for Samir, the country's only oil refinery, a court-appointed trustee said on Thursday.
SINGAPORE (Reuters) -- Non-OPEC oil producer Oman has notified customers in Asia that it could reduce supplies of crude by 15% from June to meet demand at a domestic refinery, and as part of its commitment to cut output under a landmark producers' agreement, three people who received the notices said on Friday.
NEW YORK (Reuters) -- Royal Dutch Shell is in talks with several potential buyers for its refinery outside of San Francisco, but the Anglo-Dutch oil giant is reluctant to part with its last asset in California, three people familiar with the process say.
JAKARTA (Reuters) -- Indonesia is targeting to more than double its national refinery crude capacity to around 2.2 MMbpd with a program of upgrades and new developments up to 2025, data presented by state energy company Pertamina on Thursday showed.
(Reuters) -- US crude oil stocks rose to a fresh record last week, the Energy Information Administration said on Wednesday, as a surge in imports and rising domestic production more than offset a hike in refinery runs.
DALLAS -- Jacobs Engineering Group Inc. has been awarded a construction management contract from Oxea Corporation for a Propanol Expansion project at its manufacturing site at Bay City, Texas. Propanol is used to manufacture products such as cosmetics and pharmaceuticals, printing inks, coatings and adhesives.
Gazprom Neft has begun construction of a standalone 12,300 tpy-capacity hydrogen production unit at its Omsk Refinery. This processing facility will provide high-purity (99.9%) hydrogen for new and reconstructed hydrotreatment facilities, intended to reduce the sulfur content of motor-fuel components (blending agents).
DES PLAINES, Ill. – Honeywell announced that Wantong Petrochemical Group is producing ultra-low sulfur diesel fuel using Honeywell UOP’s new HYT-6219 hydrotreating catalyst.