Keyword: oil refining

News

Texas Oil Sails to Canada, Refiners Fume Over Tanker Law

01.05.2013 - Oil traders including commodities giant Trafigura and Australian bank Macquarie have quietly begun shipping U.S. crude oil from Texas to Canada, raising the ire of U.S. East Coast...

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Total Profit Falls on Lower Oil Prices, Output

26.04.2013 - French oil firm Total posted a fall in first-quarter profit due to lower oil prices and a drop in oil and gas output, partly offset by a rise in its refining and chemicals business...

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China's Sinopec Says No Impact On Gas Field From Quake

20.04.2013 - Sinopec Group, Asia's largest oil refiner, said its huge Puguang gas field in southwest China's Sichuan province had not been affected by a strong earthquake that struck the region...

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Czech Minister Says Shell Offering Refinery Stake

16.04.2013 - Royal Dutch/Shell has offered to sell its minority stake in a Czech oil refining firm to the state, a minister said on Tuesday, which could help a proposal for the government to...

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U.S. Board Tells Chevron to Check Refineries for Damage

16.04.2013 - The U.S. Chemical Safety Board on Monday recommended that Chevron check for ongoing damage to pipes and equipment at its U.S. refineries to prevent another explosion like the Aug...

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Israel's Gas Bonanza Ushers Golden Era for Refiners

10.04.2013 - Natural gas flow from Israel's new giant offshore field is giving the country's two refineries a new lease of life, slashing their costs and ensuring supply security. Gas from the...

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Shell Puts Its Geelong Australia Refinery Up for Sale

04.04.2013 - Royal Dutch Shell put its Geelong oil refinery in Australia up for sale as mounting competition from Asia and reduced margins hammer the country's crude processors. The refinery...

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Sinopec in JV to Buy $3 Billion of Assets from Parent

25.03.2013 - China Petroleum and Chemical Corp (Sinopec Corp) has agreed to set up a joint venture with its parent company to buy $3 billion worth of oil and gas assets held by the latter in a...