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Refining Business

Refining Business news and technical articles from Oil & Gas Journal. Search Refining Business latest and archived news and articles

  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

  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. Watching Government: When condensate is product

    Magazine Articles

    Mon, 28 Jul 2014

    driven out of business," he told OGJ on July 21. "But it opened a loophole for people who'd never been in the refining business to bring crude in." The provision was part of the 1973 Emergency Petroleum Allocation Act. Refineries with less

  5. FGE: Japan likely to see further cuts to refining capacity

    Magazine Articles

    Mon, 2 Jun 2014

    passed, the ministry is now planning a second phase of the ordinance that will seek to further integrate Japan's refining business with new targets for refiners to meet by end-March 2017, said FGE. An advisory subcommittee on petroleum and

  6. Global oil market well supplied despite disruptions to producers

    Magazine Articles

    Mon, 7 Jul 2014

    recent decline. With oil inventories falling in Cushing, Okla., and rising on the Gulf Coast, meanwhile, the US refining business is changing dramatically. Gradual recovery The global economy remains on a path of gradual recovery, although data

  7. OMV completes butadiene plant upgrade at Austrian refinery

    Online Articles

    Mon, 19 May 2014

    The investments into butadiene production at OMV’s refineries results from the changing landscape of the global refining business , in which petrochemical derivatives are playing an increasingly important role alongside traditional oil products

  8. FGE: Japan likely to see further cuts to refining capacity

    Online Articles

    Thu, 22 May 2014

    passed, the ministry is now planning a second phase of the ordinance that will seek to further integrate Japan’s refining business with new targets for refiners to meet by end-March 2017, said FGE. An advisory subcommittee on petroleum and

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