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Refining

Phillips 66 says refineries to run at mid-90% in 2Q 2017

HOUSTON (Reuters) -- Phillips 66 expects its refineries to run in the mid-90% range of their combined capacity in the second quarter, according to a document prepared for a Friday morning conference call with Wall Street analysts to discuss first quarter earnings.

Brazil minister backs tariff to curb US ethanol imports

BRASILIA/SAO PAULO (Reuters) -- Agriculture Minister Blairo Maggi has asked Brazil's foreign trade council to impose tariffs on ethanol imports following a surge in shipments from the United States, an official said on Thursday, a move that could stir trade tensions with the Trump administration.

Icahn's oil refiner reports plunge in biofuels bill in Q1 2017

NEW YORK (Reuters) -- Biofuels compliance expenses for CVR Energy's refining unit fell to the lowest level in almost five years during the first quarter, the company said on Thursday, as the US government weighs an overhaul of its renewable fuels policy.

OPEC output cuts whet Asia's appetite for North Sea oil

LONDON/SINGAPORE (Reuters) -- OPEC production cuts have created record Asian demand for European oil and made China the second biggest consumer of North Sea crude as flows from its usual Middle East suppliers dip.

How North Korea gets its oil from China: lifeline in question at UN meeting

BEIJING (Reuters) -- As the United Nations Security Council decides whether to tighten the sanctions screws on North Korea, the country's increasingly isolated government could lose a lifeline provided by state-owned China National Petroleum Corp (CNPC).

Next battleground: An aging Great Lakes pipeline stirs new protest

CALGARY, Alberta (Reuters) -- The growing protest movement against US oil and gas pipelines has so far focused on stopping or delaying new construction, with some high-profile successes.

US refiners bet on strong exports to balance market

NEW YORK (Reuters) -- US refiners have come out of maintenance season betting that big exports to Mexico and South America will help alleviate high product inventories and boost margins as the critical summer driving season nears.

Judge says Exxon owes $19.95 MM for Texas refinery pollution

(Reuters) -- A federal judge ruled on Wednesday that ExxonMobil Corp should pay a $19.95 MM penalty for pollution from its Baytown, Texas, refining and chemical plant complex between 2005 and 2013.

Honeywell awarded equipment contract for Dangote’s largest single-train refinery

DES PLAINES, Ill. – UOP LLC, a division of Honeywell International Inc. announced that it has won a contract from Dangote Oil Refinery Company Ltd. for critical equipment, technology licensing and design services for a world-scale integrated refinery and petrochemical plant. When completed, the integrated complex in Lekki, near the capital of Lagos in Nigeria, will be the largest single-train refinery in the world.

Uzbekistan starts construction of $2.2-B oil refinery

TASHKENT (Reuters) -- Uzbekistan started construction of a $2.2 B refinery on Thursday, which will use oil imported from Russia and Kazakhstan, state news agency UzA reported.

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