Refining
Idemitsu family, in fight with management, buys Showa Shell shares to block acquisition
The founding family of Japan's Idemitsu Kosan Co. bought a stake in Showa Shell Sekiyu KK, in a bid to block Idemitsu management's billion-dollar plan to take over the rival oil refiner.
US investigation faults Tesoro in worker injuries
Workers injured in incidents between 2010 and 2014 at Tesoro Corp.'s San Francisco Bay-area refinery in Martinez, California were due to a weak safety culture.
Delta's refinery sacrifices profits for lower fuel cost
Delta Air Lines Inc. is flooding the New York market with jet fuel from its refinery, sacrificing refining profits in order to lower the carrier’s fuel costs.
Column: Valero blames excess winter production for US gasoline glut
The accumulation of gasoline stocks in the US has been driven by excess gasoline production rather than lack of demand, according to Valero, the largest independent refiner in the US.
Refiners and small fuel retailers disadvantaged by EPA biofuels program
US regulators should alter a much-debated biofuels program that disadvantages refiners and small fuel retailers.
Italian refiner Saras starts repaying Iranian oil debt
Italian oil refiner Saras has paid back part of the debt it owes Iran for cargoes of crude oil taken before sanctions were imposed on the country in 2012.
BP Whiting refinery reformer production cut for repairs
BP Plc. curtailed production on the reforming unit at their refinery in Whiting, Indiana, for repairs.
Amec Foster Wheeler wins Thai Oil’s Clean Fuel Project contract
Amec Foster Wheeler has been awarded a FEED contract by Thai Oil Public Company Ltd. for its Clean Fuel Project at the Sriracha Refinery in Thailand.
Egypt studies 8 state-owned oil companies for IPO or share
Egypt's Ministry of Investment will assess eight state-owned petroleum companies for their suitability for a possible listing on the Egyptian Stock Exchange.
Global Project Data
New downstream project announcements have continued to decrease since April.
- Technip Energies, Shell Catalysts & Technologies move towards an exclusive global alliance for carbon capture 11/14
- SOCAR, Baker Hughes partner on integrated gas recovery, H2S removal system at the Heydar Oil Refinery 11/14
- India shaping up as refining hub, to rely on fossil fuels until 2040 11/14
- Sinopec starts up 1.2-MMtpy ethylene complex in north China's Tianjin 11/14
- US refiner margins to stabilize next year as plant closures cut supply 11/14
- Germany blocks oil firms from using past emissions credits to support biofuel industry 11/14
