Refining
Petroplus refinery in UK poised to shut down after no buyer found
The permanent closure of Petroplus’ Coryton refinery in England has become more likely after the plant's administrator said Monday it has been unable to sell or refinance it, but the UK government said any closure was unlikely to result in fuel shortages. The refinery will be idled in a matter of days.
T. Boone Pickens finds flaws in US energy plans of Obama, Romney
The energy titan didn't endorse either presidential candidate, saying Obama's "all of the above" energy plan needed to be more specific and Romney's plan is "not total".
Gevo starts up commercial bio-based isobutanol plant in Minnesota
Next-generation biofuels company Gevo has successfully started up what it says is the world’s first commercial bio-based isobutanol production plant, located in Luverne, Minnesota. Gevo said it expects to reach full-capacity run rates by year-end 2013 after a run rate of 1 million gal/ month by late 2012.
EPA could double fraudulent US biofuel claims
Republicans say they have evidence the EPA may double the number of US biodiesel credits it has deemed fraudulent, raising the specter of more financial penalties for refiners.
Memorial Day holiday travel projected higher in US, may raise gasoline demand
The American Automobile Association (AAA) group projects 34.8 million Americans will travel 50 miles or more from home during the Memorial Day holiday weekend, an increase of 1.2% from a year ago. The survey found 53% said recent increases in gasoline prices would not impact their plans.
Aramco, Sumitomo approve second phase of Saudi petrochemicals expansion
Sumitomo Chemical and Saudi Aramco are moving ahead with phase two of their Petro Rabigh integrated refinery and petrochemicals expansion in Rabigh, Saudi Arabia. Each new plant will be brought on stream as it becomes available for operation, beginning the first half of 2016, the companies said.
Husky union workers call for strike at Ohio refinery
Union workers have called a strike at the Husky Energy refinery in Lima, Ohio, leaving the refiner's management to run the 150,000 bpd plant, the USW union said Friday.
US refiners set to begin exports to West Africa
The US industry will soon expand its exporting to include gasoline sales to West Africa, predicts Valero CEO Bill Klesse. "That's something we haven't seen before," he said.
Petrobras targets domestic market for refining unit
Costs associated with transporting oil products to hubs in Europe, the US and Asia make it less practical than using production domestically in Brazil, an executive said.
BP to pay $400mn for pollution controls in Whiting refinery settlement with US
BP has agreed to pay an $8 million penalty and invest more than $400 million to install pollution controls and cut emissions from its petroleum refinery in Whiting, Indiana, according to the US EPA. The Whiting refinery has an operating capacity of 405,000 bpd, making it the 6th-largest in the US.
- Aramco signs MoU with Microsoft to help advance industrial AI and digital talent transformation 2/23
- Chandra Asri's chlor alkali-ethylene dichloride project reaches 50% completion 2/23
- Solvay to reduce production at Torrelavega soda ash plant due to market conditions 2/23
- Zeon Corp. holds groundbreaking for new cyclo-olefin polymers plant 2/23
- Honeywell adjusts acquisition agreement for Johnson Matthey's Catalyst Technologies business down to £1.325 billion 2/23
- Indorama Ventures and AMB Spa introduce industrial-scale breakthrough for recyclable multilayer trays 2/23
