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Weather-related issues force US East Coast refineries to restart

HP News Services, HP Editorial Staff

By LEE WILLIAMSData Integrity Analyst, GenscapeUnits at multiple US East Coast refineries have restarted after experiencing operational issues late last week due to cold regional temperatures. The unp..

US refiners turn to automation amid largest worker strike since 1980

HP News Services, HP Editorial Staff

By ZAIN SHAUK and BRADLEY OLSONBloombergThe heart and soul of a modern refinery isn’t the welders and pipefitters with grease on their hands, it’s the white-collar technicians seated at comp..

US drive for energy independence tested by oil below $60/bbl

HP News Services, HP Editorial Staff

By ASJYLYN LODERBloombergOil’s biggest bust since the global recession was good for a few cases of whiplash.Just two months ago, Continental Resources, the shale driller founded by billionaire Ha..

Petrochemical boom at risk as US ethane heads abroad

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By JACK KASKEYBloombergWhen ExxonMobil kicked off construction last month of its largest US chemical investment, a trio of factories outside Houston, business unit chief Steven Pryor said he’d ne..

US plans tighter rules for ships carrying fuels, citing worst barge spills since 2008

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By HARRY R. WEBER and DAN MURTAUGHBloombergTighter regulation of US ships carrying record exports of diesel and gasoline is coming amid the worst year for oil spills from barges since 2008.Coast Guard..

Permian crude gusher creates wave of pipeline, refinery investments

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By DAN MURTAUGHBloombergThe gusher of crude from the Permian Basin has spurred new investments from refinery and pipeline companies trying to take advantage of low prices caused by rising supplies.Del..

New Eni CEO may shut unprofitable refineries

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Eni’s biggest program of refinery closures would be a radical attempt by its new CEO Claudio Descalzi to deal with continued overcapacity in Europe’s refining sector.

Mexico needs new crude markets as US shale boom alters landscape

HP News Services, HP Editorial Staff

By ADAM WILLIAMSBloombergMexico’s reliance on oil exports to its northern neighbor is being jeopardized by the US shale boom, forcing suppliers to seek new buyers, Citigroup said.Mexico, which ex..

US Gulf sees rising demand for diesel exports

HP News Services, HP Editorial Staff

Shipments abroad from the US Gulf Coast, home to more than half of domestic refining capacity, climbed 22% to a total of 33 during last week, according to a shipbroker.

Canada finds China oil option is no easy answer to Keystone snub

HP News Services, HP Editorial Staff

By EDWARD GREENSPON, ANDREW MAYEDA, JEREMY vAN LOON and REBECCA PENTYBloombergStephen Harper was in need of a new friend with a big appetite for oil. The Americans just weren’t cutting it.It was ..