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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. Petrobras to exit Japanese refining business

    Online Articles

    Thu, 2 Apr 2015

    Brazil's state-owned Petroleo Brasileiro SA (Petrobras) is initiating a plan to exit its Japanese refining business , which consists of wholly owned subsidiary Nansei Sekiyu KK’s 100,000-b/d Nishihara refinery on Japan’s southwestern

  1. Total details revamp, conversion plan for French refineries

    Online Articles

    Thu, 16 Apr 2015

    said it will spend €600 million to revitalize its refining business in France with projects that include an overhaul of the ..... central focus of Total’s strategy for its French refining business is to realign operations and production to changing markets

  2. 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

  3. 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

  4. 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

  5. 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

  6. Eni sees 1Q profit decline 55% year-over-year

    Online Articles

    Wed, 29 Apr 2015

    first-quarter 2014, which the company attributes to a fall in crude oil feedstock prices. However, the European refining business continued to be affected by structural headwinds from lower demand, overcapacity, and increasing competitive pressure

  7. 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

  8. 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

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