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Refining

Rompetrol to perform scheduled maintenance work at Petromidia Refinery

Rompetrol has begun scheduled maintenance at its Petromidia refinery and conducting an investigation into the August 22 explosion.

Japan's JX, TonenGeneral merger deal imminent

Japan's JX Holdings and TonenGeneral Sekiyu are set to finalize details Wednesday, August 31 for a new merged company to be formed in April 2017.

Sulfur tank explosion and fire at Tesoro Carson refinery

HP Editorial Staff: HP News

A fire erupted at Tesoro’s Carson refinery after a 1-ton sulfur tank exploded.

Profit at China's Sinopec slumps 21.6% in first half

Sinopec said its net profit fell 21.6% in the first half of 2016, hurt by a steep decline in international oil prices.

Oil refiners face reprieve as maintenance tames fuel glut

Oil refiners reeling from tumbling profits can expect some reprieve in the coming weeks as lower production could tame a huge global excess of gasoline and diesel.

LyondellBasell retains bank for potential Houston refinery sale

LyondellBasell Industries has retained Bank of America Merrill Lynch to help with the potential sale of its refinery in Houston.

Enerkem's Edmonton biofuel facility obtains ISCC certification

Enerkem Inc. obtained certification from the International Sustainability and Carbon Certification system for the biomethanol production of its Enerkem Alberta Biofuels full-scale facility in Edmonton, Canada.

Phillips 66 delays planned SRU maintenance at Borger, Texas refinery

Phillips 66 delayed a planned maintenance on a sulfur recovery unit that was scheduled for Friday at its Borger, Texas, refinery.

EIA: Crude price differentials a factor as refining profits converge

Refinery earnings were lower in Q2 2016 compared with the same time last year and are converging among different locations globally.

Saudi Aramco could reduce stake in $5.5 B Indonesia refinery project

Aramco has asked to cut its share of the project to upgrade a refinery in Cilacap in the province of Central Java to 30% from 45%