Refineries

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Asian Refiners Switch From Dubai to Brent to Price US Crude, Sources Say

By Florence Tan and Yuka Obayashi SINGAPORE, March 27 (Reuters) – Asian refiners are beginning to switch to pricing U.S. crude oil purchases against global benchmark ​ICE Brent instead of Dubai after the Middle East ‌marker spiked to record levels this month, three refining and trade sources said on Friday. The move could reduce liquidity …

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Valero Shuts Texas Refinery After Explosion Rocks Diesel Unit, Sources Say

Valero shuts Texas refinery after explosion rocks diesel unit, sources say Reuters Valero Energy Corp has shut its 380,000-barrel-per-day (bpd) oil refinery in Port Arthur, Texas, following an explosion and fire at a diesel hydrotreater unit, people familiar with the plant operations said on Monday. The explosion at the 47,000-bpd 243-diesel hydrotreater unit rocked the …

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Locked Out BP Workers Picket Outside Indiana Refinery Amid Labor Contract Dispute

  Workers at BP’s Whiting, Indiana, refinery began picketing on Thursday after the British oil major barred more than 800 union members from entering the facility, following months of stalled contract negotiations. The labor dispute at Whiting, the Midwest’s largest refinery, comes at a time of elevated gasoline and diesel prices as the Middle East …

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BP Locks Out Union Workers at its Midwest Refinery

BP locks out union workers at its Midwest refinery BP on Tuesday said it will lock out approximately 800 United Steelworkers members from its 440,000 barrel-per-day Whiting, Indiana, refinery starting at 12:00 a.m. on March 19, citing a breakdown in negotiations over a new labor agreement. The British oil major ended its 24-hour rolling contract …

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BP Says Whiting Refinery Union Workers Reject its Latest Employment Contract

BP said late on Thursday that its represented workforce at its Whiting refinery in Indiana has voted not to ratify the company’s last, best, and final offer. “BP will continue to bargain in the best interests of our employees, our company, and the community,” the company said in a statement. BP last week had presented …

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America First Refining Secures Landmark 20-Year Offtake Agreement and Capital Investment to Construct First New U.S. Refinery in 50 years.

  Transaction Represents Largest Energy Deal in U.S. History. BROWNSVILLE, Texas, March 10, 2026 /PRNewswire/ — America First Refining announced a historic milestone in U.S. energy production: the construction of the first new oil refinery built in the United States in 50 years. Made possible through the leadership of President Donald J. Trump and the …

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Trump Announces New US Refinery Backed By India’s Reliance

By Erwin Seba and Nicole Jao India’s Reliance to invest in refinery, buy output Deal likely to reduce trade deficit with India Fuel prices spike as US, Israel attack Iran HOUSTON, March 10 (Reuters) – President Donald Trump on Tuesday announced the construction of a refinery on the southern U.S. border backed by India’s ​Reliance …

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Union Asks Workers at BP’s Whiting, Indiana, Oil Refinery to Prepare For Strike or Lockout

(Reuters) – United Steelworkers is asking workers at BP’s 440,000-barrel-per-day refinery in Whiting, Indiana, to prepare for a strike or lockout, the union said on Thursday after weeks of negotiations with the British oil major that did not yield results. The comments come after 98% of members at the refinery voted to authorize a strike. …

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BP’s Whiting Refinery Union Workers Agree to 24-Hour Rolling Extension

United Steelworkers members at BP’s 440,000-barrel-per-day refinery in Whiting, Indiana agreed to a rolling 24-hour contract extension at the largest refinery in the U.S. Midwest, the company said in a statement on Sunday.This would mean that the current collective bargaining agreement would automatically renew every 24 hours unless either the union or BP cancels the …

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