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Refining Business

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  1. Refining business undergoing structural shift to good times

    Online Articles

    Fri, 27 Oct 2000

    Refining business undergoing structural shift to good times The refining business is soaring today, and the current ..... the underlying fundamentals of the refining business worldwide bespeaks an upward trend

  2. Hess union widens buyer search for New Jersey refinery

    Online Articles

    Mon, 25 Feb 2013

    Hess announced Jan. 28 that it plans to close the plant at the end of February and complete its withdrawal from the refining business after losing money there in two of the last 3 years. “The gigantic gasoline price spikes hitting customers are a direct result

  1. Sunoco, exiting oil refining, puts last two plants on block

    Online Articles

    Tue, 6 Sep 2011

    Sunoco Inc., Philadelphia, hopes to sell its remaining two refineries and plans to leave the oil refining business to complete what it calls “a fundamental shift away from manufacturing.” The company has retained Credit Suisse Securities

  2. Sunoco continues to restructure, sees profit

    Online Articles

    Wed, 16 Jun 2010

    editors HOUSTON, June 16 -- Sunoco Inc., Philadelphia, is taking another restructuring step and expects its refining business to report a profit for the quarter ending June 30. The company plans to separate SunCoke Energy Inc. in a transaction

  3. Kinder Morgan to buy transmix processing business

    Online Articles

    Fri, 13 Oct 2000

    Houston-based Kinder Morgan Energy Partners LP has agreed to buy the transmix refining business of Buckeye Pipe Line Co., general partner of Buckeye Partners LP, Emmaus, Penn., for $37 million in cash plus net working

  4. Petrotrin’s downstream takes hit from US shale, poor margins

    Online Articles

    Tue, 6 Jan 2015

    year. Petrotrin noted that even though it has sold its crude at high prices during the first half of 2014, its refining business has been particularly hard hit because it imports 125,000 bo/d for its 175,000 bo/d refinery. It said its

  5. Shell mulls fate of Malaysian refinery

    Online Articles

    Wed, 14 Jan 2015

    reliable operations at the refining complex, according to the company. SRC’s decision to abandon its Malaysian refining business stems from a determination by its board in September 2014 that regional refining margins would remain depressed due

  6. Asia-Pacific refining primed for capacity growth

    Magazine Articles

    Mon, 1 Dec 2014

    from the unfavorable economic environment Italy's refining business faces, MOL said in October 2013. The remaining ..... ordinance that will seek further to integrate Japan's refining business with new targets for refiners to meet by the end

  7. SOCAR consolidates Azerbaijani refining operations

    Online Articles

    Mon, 29 Dec 2014

    part of SOCAR’s overall plan to improve corporate structure and optimize business processes by consolidating its refining business under an integrated management scheme, the company said. The move is intended to eliminate economically inefficient

  8. Future of Croatian refinery remains uncertain

    Online Articles

    Fri, 19 Sep 2014

    d refinery in Sisak, Croatia, 30 miles south of Zagreb. “After INA presents results of an analysis of its refining business , the government and Ministry of Economy will, as always, do everything in our power to protect Croatian interests

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