Refining
Buffett's Berkshire rejects fossil fuel proposal, shareholder says
(Reuters) -- Warren Buffett's Berkshire Hathaway Inc will urge shareholders to reject a proposal by a Nebraska nonprofit that it sell its investments in oil refiner Phillips 66 and other companies involved in fossil fuels over 12 years, the nonprofit said on Tuesday.
White House denies Trump order on biofuels program pending, markets roiled
(Reuters) -- The White House on Tuesday denied that President Donald Trump planned to issue an executive order to change the national biofuels program, after the US Renewable Fuels Association (RFA) said Trump's team had informed the group an order was pending.
RFA: Trump to shift biofuel blending burden off refiners
(Reuters) -- The head of the Renewable Fuels Association said on Tuesday that US President Donald Trump's administration would lift the responsibility for fuel blending off refiners, which had long requested this change to the nation's biofuel program.
OxyChem, Mexichem announce startup of JV ethylene cracker in Texas
INGLESIDE, Texas — Ingleside Ethylene, LLC, the 50/50 JV between Occidental Chemical Corporation, a subsidiary of Occidental Petroleum Corporation, and Mexichem, S.A.B. de C.V., announced that its ethylene cracker at OxyChem’s Ingleside, Texas, complex began operations on schedule and on budget. The ethylene cracker is currently in a production stabilization phase.
Oiltanking MOGS Saldanha to begin construction of crude oil, blending terminal in South Africa
CAPE TOWN, South Africa -- Oiltanking MOGS Saldanha Ltd, a JV between Oiltanking GmbH and MOGS Ltd, announced the construction of an independent crude oil and blending storage terminal in Saldanha Bay.
Pertamina looks for partner to take majority stake in Bontang refinery project
JAKARTA (Reuters) -- Indonesia's state oil company Pertamina expects to find a partner to take a majority stake in a proposed refinery to cost more than $10 billion in Bontang, East Kalimantan, by April, senior company officials said on Tuesday.
Japan's JX says March crude refining to drop 5% y/y
TOKYO (Reuters) -- Japan's top oil refiner JX Nippon Oil & Energy Corp said on Tuesday it would refine 988,100 bpd of crude oil in March for domestic consumption.
India's L&T awarded $165-MM contract from refiner Indian Oil Corp
NEW DELHI (Reuters) -- A unit of Indian engineering conglomerate Larsen & Toubro has won an onshore engineering, procurement and construction (EPC) contract from Indian Oil Corp Ltd, the country's largest refiner, worth $165 million, it said in a statement on Saturday.
Saudi Aramco to invest $7 B in Petronas' RAPID oil refinery
KUALA LUMPUR (Reuters) -- Saudi oil giant Aramco will buy an equity stake in Malaysian firm Petronas' major refining and petrochemical project, the companies said on Tuesday, pumping in $7 billion in its biggest downstream investment outside the kingdom.
Snow, landowner, delay Utah pipeline repairs
HOUSTON (Reuters) -- Refiners and pipeline shippers in the Salt Lake City area are facing new delays obtaining crude oil after a pipeline outage last week was followed by snow on Friday that made it difficult to deliver much-needed oil by truck.
- China's Wanhua Chemical starts operation at new east China cracker 4/4
- Brookfield Infrastructure announces the acquisition of Colonial Enterprises for $9 B 4/4
- PBF restarts some units at Martinez refinery after February fire; fire-damaged units remain shut 4/4
- Japan to curb gasoline prices from June to cushion U.S. tariff blow 4/4
- Evonik presents innovative "Debonding on Demand" concept for more sustainable bonding 4/3
- Oil, gas and refined product imports exempted from Trump’s sweeping tariffs 4/3
