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Refining

Oil refiner Holly joins Endicott's US biodiesel project

Endicott Biofuels has teamed up with US petroleum refiner Holly Corp. to form the Sabine Biofuels joint venture, in which the companies will collaborate on a 30mn gal/year biorefinery currently under construction in Port Arthur, Texas.

Honeywell 'green' jet fuel used in US Air Force aircraft demonstration

Honeywell’s Green Jet Fuel powered two Air Force F-16 aircraft as part of a Thunderbirds demonstration at Joint Base Andrews in Maryland over the weekend.

NPRA urges approval of Keystone XL pipeline as House committee holds hearing on issue

Charles T. Drevna, president of the National Petrochemical & Refiners Association (NPRA), issued a statement on Monday in support of proposed legislation that would require the Obama administration to decide by Nov.1 whether to approve construction of the Keystone XL pipeline, which would transport oil from western Canada to refineries in Texas.

US can curb carbon emissions while boosting oil production - university study

The US should accelerate efforts to pursue carbon capture and storage (CCS) in combination with enhanced oil recovery (EOR), a practice that could increase domestic oil production while significantly curbing emissions of carbon dioxide (CO2), according to a report from the Massachusetts Institute of Technology (MIT) and the University of Texas at Austin.

China’s Sinopec, Kuwait Petroleum to begin building $9 billion refining complex in Q1 2012

China’s top refiner Sinopec and state-run Kuwait Petroleum Corp. (KPC) will begin construction of their $9 billion joint venture refining and petrochemical complex in China during the 2012 first quarter, reports said on Monday.

US petroleum demand rises in April as distillate gains offset lower gasoline use - API

A strong increase in distillate fuel demand this April over a year ago drove an overall rise in petroleum product demand, offsetting a decline in gasoline demand, the American Petroleum Institute (API) trade group said on Friday.

Employees for engineering services firm MISTRAS set safety milestone at Shell US refinery

For the 14th consecutive year, employees with engineering services firm MISTRAS have gone without a recordable injury while working at the Shell Oil refinery in Martinez, Calif., officials said on Friday.

IEA warns that high oil prices are hurting economy, seeks additional supply for refiners

The governing board of the International Energy Agency (IEA) says it has serious concerns that that the rise in oil prices is constraining the global economic recovery. In a statement issued on Thursday, the board said there was a “clear, urgent need for additional supplies on a more competitive basis to be made available to refiners to prevent a further tightening of the market”, particularly given the seasonal increase in demand from May to August.

Fuel prices unlikely to deter Memorial Day travel – US auto group

The American Automobile Association (AAA) projects 34.9 million Americans will travel 50 miles or more from home during the approaching Memorial Day holiday weekend, a slight increase of 0.2% – or 100,000 travelers – from the 34.8 million people who traveled one year ago.

US predicts active 2011 hurricane season, may threaten Gulf refiners, petchems

The Atlantic basin is expected to see an above-normal hurricane season this year, according to the seasonal outlook issued on Thursday from the US National Weather Service, potentially threatening refining and petrochemical operations along the US Gulf coast and eastern seaboard.