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CRRM Disputes EPA's Characterization of Settlement
(Friday, May 24, 2013) Coffeyville Resources Refining & Marketing, LLC (CRRM) does not agree with the characterization of either the company or the settlement it reached with EPA, which was announced in a recent EPA Region 7 press release.
Trains Leave Oil Pipeline in Lurch
(Friday, May 24, 2013) A $2 billion pipeline project intended to ship oil from West Texas's booming oil fields to California has failed to pique the interest of several big refiners in the Golden State. The culprit: the growing popularity of railroads.
SOCAR Signs Turkey Refinery Deal
(Friday, May 24, 2013) A subsidiary of Azerbaijan's state oil company SOCAR has signed an agreement with a consortium that intends to build the Star refinery worth $4 billion in Turkey for Petkim petrochemical complex, which is co-owned by SOCAR, Petkim said.
Construction of Private Nigeria Refineries in Jeopardy
(Friday, May 24, 2013) Eleven years after Nigeria's president granted licenses to 18 individuals to construct refineries in a bid to open up the country's downstream sector to private investors, there are indications that the government will not achieve its aims.
Commissioners Okay N.D. Gas Plant
(Friday, May 24, 2013) North Dakota's Public Service Commission Wednesday gave a natural gas processing plant near Watford City the green light to move forward for construction.
Valero Eyes Refinery Investment
(Thursday, May 23, 2013) Texas-based Valero Energy Corp. will invest as much as C$200 million in its Quebec refinery if Enbridge Inc. proceeds with its plan to reverse its Line 9 pipeline.
CRRM to Settle CAA Violations at Kansas Refinery
(Wednesday, May 22, 2013) Coffeyville Resources Refining & Marketing (CRRM) has agreed to pay a $300,000 civil penalty to settle alleged violations of the Clean Air Act (CAA) at its oil refinery in Coffeyville, Kan., the U.S. Environmental Protection Agency reported.
Total Sanctions Antwerp Modernization Project
(Wednesday, May 22, 2013) Total announced Wednesday that it will proceed with plans at its Antwerp, Belgium facility to add a new refinery upgrading complex and to install a new plant to convert low-value refinery fuel gases into low-cost petrochemical feedstock.
ConocoPhillips Pulls Back on Plans to Sell Oil-Sands Assets
(Tuesday, May 21, 2013) ConocoPhillips is pulling back on plans to sell its Canadian oil sands assets after it exceeded its target for raising capital by divesting energy properties elsewhere.
Flood of Russian Diesel Puts Pressure on European Refiners
(Tuesday, May 21, 2013) Russia's slowing economy is leading to a flood of Russian diesel flowing to Europe, which could force a new round of European refinery closures.
API: EPA Skirts Public Review for Proposed Tier 3 Gasoline Regs
(Tuesday, May 21, 2013) API Downstream Group Director Bob Greco said the EPA will be in violation of the Clean Air Act by limiting public comment on its proposed Tier 3 rules for gasoline.
Drevna Applauds RFS Legislation
(Monday, May 20, 2013) AFPM President Charles T. Drevna said that his organization supports the Foreign Fuels Reduction Act legislation recently introduced by Sens. Bob Corker (R-TN) and Joe Manchin (D-WV).
Pemex Files Suit to Recover Nearly $160MM from Siemens, SKEC
(Monday, May 20, 2013) Pemex and its affiliate Pemex-Refinacion (PREF) have filed a lawsuit in New York seeking to recover nearly $160 million from German multinational Siemens and South Korea's SK Engineering & Construction Co. Ltd. (SKEC) in a global bribery case.
WEC Plans New South Texas Refinery
(Monday, May 20, 2013) Worldwide Energy Consortium, Inc. (WEC) announced Monday that it will begin the initial engineering/permitting phase for its new refinery located near Gardendale in La Salle County Texas.
Tesoro Says FTC Clears Deal for BP Refinery
(Friday, May 17, 2013) The U.S. Federal Trade Commission will allow Tesoro Corp. to go through with its plans to buy a BP Plc. owned refinery in southern California, bringing the two companies one step closer to sealing the deal sometime this quarter.
USW Members Ratify ExxonMobil Baytown Contracts
(Thursday, May 16, 2013) United Steelworkers (USW) local 13-2001 members Wednesday night ratified three separate agreements with ExxonMobil Baytown for the operations, maintenance and laboratory groups.
Venezuela Became Net Gasoline Importer in 2012
(Thursday, May 16, 2013) Venezuela in 2012 became a net importer of gasoline as a result of escalating problems at its refineries and increasing demand for fuel in its internal market.
Oman Forced to Import Fuels after Refinery Shutdown
(Thursday, May 16, 2013) Oman, a crude oil exporter, started importing refined fuels earlier this year, the head of Oman Oil Refineries and Petroleum Industries Company (ORPIC) said, after a two-month shutdown of its biggest refinery.
Interfax: Gunvor Paid $158MM for Two Petroplus Refineries
(Thursday, May 16, 2013) Gunvor shelled out $158 million for two oil refineries with capacity of 10 million tonnes a year that were on the verge of bankruptcy from Swiss company Petroplus, according to a Gunvor prospectus that has been made available to Interfax.
Brazil Petrobras: Order Could Halt Construction of Comperj Refinery
(Wednesday, May 15, 2013) Petrobras said late Tuesday that it had been notified of a court order suspending environmental licenses for its Comperj refinery project in Rio de Janeiro state.