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(Reuters) – BP’s 440,000-barrel-per-day refinery in Whiting, Indiana, is back to operating at normal rates after taking multiple units offline due to a severe thunderstorm last week, industry monitor IIR said on Wednesday. Operations at the Whiting refinery were affected due to flooding after a thunderstorm swept through the region. BP did not immediately respond …
BP Refinery in Whiting, Indiana, Back to Normal Operations Read More »
BP’s 440,000-bpd refinery in Whiting, Indiana, is expected to be fully operational in the next 24 to 48 hours, industry monitor IIR said on Monday. The refinery experienced operational upsets last week due to flooding caused by a severe thunderstorm that swept through the state. BP declined to comment on the refinery’s restart timeline. The …
(Reuters) – Ukraine has stepped up drone attacks on Russian oil refineries and exporting infrastructure, striking the most important sector of President Vladimir Putin’s economy to show it can fight back as the United States seeks to broker a peace deal. The attacks disrupted Moscow’s oil processing and exports, created gasoline shortages in some parts …
Russian Oil Refineries, Terminals Burn as Ukraine Hits Putin’s War Economy Read More »
By Jarrett Renshaw EPA expected to rule soon on a number of the 190 pending refiner exemption requests. EPA expected to delay decision on whether larger refiners should make up for exempted gallons. The decisions will have significant impacts on oil and farm industries. Aug 21 (Reuters) – President Donald Trump’s administration is expected to …
US to Rule on Biofuel Waivers, But Big Oil Refiners May Need to Wait, Sources Say Read More »
(Reuters) – Pemex, Mexico’s national oil company, is preparing for the “Big Block” overhaul at its 312,500 barrel-per-day (bpd) Deer Park, Texas refinery to begin in early October, said people familiar with plant operations on Friday. The refinery’s 270,000 DU-2 crude distillation unit (CDU), the larger of two at the refinery, will be shut for …
Pemex Readying Texas Refinery for ‘Big Block’ Overhaul, Sources Say Read More »
NEW YORK, Aug 14 (Reuters) – Phillips 66 (PSX.N) has reduced gasoline output at its 258,000 barrels-per-day Bayway refinery in Linden, New Jersey, after a fire near the plant’s gasoline producing unit, two people familiar with the matter said on Thursday. An ancillary piece of equipment of the refinery’s fluid catalytic cracking unit caught fire …
Phillips 66 Reduces Gasoline Output at Bayway Refinery After Fire, Sources Say Read More »
U.S. refiners are expected to continue operating above 90% of their combined production capacity of 18.2 million barrels per day (bpd) in the third quarter, said analysts contacted by Reuters. High refining margins are driving the continuing high levels of production from the second quarter into the third, but tropical storms could drive down production …
(Reuters) – U.S. Gulf Coast refiners are snapping up higher volumes of Middle Eastern and South American crudes to offset the loss of Venezuelan and Mexican barrels, according to ship tracking data, a workaround solution that might be short-lived if the U.S. allows some sanctioned Venezuelan crude to return to the market. The shake-up in …
US Gulf Refiners Seek MidEast, S.American Oil to Offset Venezuela, Mexico Losses Read More »
Investors are expecting top U.S. refiners to report higher second-quarter profits, bouncing back from losses during the first three months of the year as unseasonably strong diesel margins boost earnings. Fuelmakers have reaped unexpected profits from producing key products in recent months, a respite after earnings slipped from record levels in 2022, when a recovery …
US Refiners May See Q2 Profit Recover on Stronger Diesel Margins Read More »
(Reuters) – California government officials are trying to find a buyer for Valero Energy’s Benicia refinery near San Francisco, three sources familiar with the matter said, an unusual effort as the clock ticks down on the company’s planned closure of the facility in April. The rare attempt by a state government to broker the sale …
