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Frost & Sullivan: Europe's refineries face 'further turmoil'
Jan 30, 2012
The pending bankruptcy of refiner Petroplus is only the start of further problems for nearly 40% of the European Union’s 104 refineries now in need of refurbishment, according to a new consultancy ...
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ExxonMobil to sell Japan unit for $3.9 billion
Jan 30, 2012
ExxonMobil Corp. and TonenGeneral Sekiyu KK have entered into an agreement valued at $3.9 billion that will result in the restructuring of ExxonMobil’s holdings in Japan. |
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Hovensa to close 500,000 b/d Virgin Islands refinery
Jan 18, 2012
Hovensa LLC is closing its 500,000 b/d refinery at St Croix, USVI, the joint venture of Hess Corp. and Petroleos de Venezuela SA reported. After the shutdown, the Hovensa complex will operate as an...
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Petroplus to shut down three refineries in January
Dec 30, 2011
Petroplus Holdings AG reported Dec. 30 it will start the temporary shutdown of three of its refineries in Europe next month after lenders froze a $1 billion credit facility. |
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Total restructuring downstream businesses
Oct 10, 2011
Total SA is restructuring its downstream business to separate manufacturing from supply and marketing while emphasizing that it remains committed to its integrated structure.
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ConocoPhillips seeks buyer for Trainer, Pa., refinery
Sep 27, 2011
ConocoPhillips plans to sell its 185,000-b/cd refinery in Trainer, Pa., and associated pipelines and terminals. The major plans to close the plant in 6 months unless a buyer is found. |
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Japan's crisis will affect nuclear, oil, gas industries
Mar 21, 2011
The unfolding crisis in Japan—the world’s third largest economy and fifth largest energy user—has major implications for both the nuclear and the oil and gas sectors, said industr...
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Two Chilean refineries due technical services
Mar 2, 2011
SGS Industrial Services Chile, Santiago, has been assigned a 2-year contract to provide comprehensive asset integrity management and nondestructive testing services for two oil refineries in Chile.
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Hovensa plans partial shutdown of St. Croix refinery
Jan 26, 2011
Hovensa LLC reported plans to shut down certain processing units on the west side of its 500,000-b/cd refinery at St. Croix, US Virgin Islands. |
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Deloitte: Sunoco foresees higher US refining operating costs
Nov 19, 2010
US refiners are likely to keep plants running if they can maintain cash-positive operations despite a glut of US downstream capacity and weak margins, Sunoco Inc. Chief Executive Officer and Chairm...
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OGJ Annual Forecast & Review Webcast 2011
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February 21, 2012 | |
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