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Houston, Texas 77027
(713) 621-9720
Copyright © 2010: PennWell Corporation
All Rights Reserved.
Refining Business
Refining Business news and technical articles from Oil & Gas Journal. Search Refining Business latest and archived news and articles
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Refining business undergoing structural shift to good times
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 …
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Hess union widens buyer search for New Jersey refinery
… 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 …
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Sunoco, exiting oil refining, puts last two plants on block
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 …
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Sunoco continues to restructure, sees profit
… 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 …
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Kinder Morgan to buy transmix processing business
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 …
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Capital spending in US, Canada to rise led by pipeline investment boom
… down from $559 million last year. Income project spending will slump 20% to $305 million. Hess will exit the refining business after closing the 70,000-b/d fluid catalytic cracking unit at Port Reading, NJ. It also plans to sell its US …
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OGJ Newsletter
… 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 …
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New joint venture to keep Philadelphia refinery in operation
… the press statement. Refining changes Disposal of the Philadelphia facility will complete Sunoco’s exit from the refining business . Sunoco earlier shuttered its 178,000-b/d refinery at Marcus Hook, Pa., also in the Philadelphia area …
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Midstream drives M&A
… April, Energy Transfer Partners LP agreed to buy Sunoco Inc. for $9 billion. Sunoco has been withdrawing from the refining business and operates the general partner interest of Sunoco Logistics Partners LP, which owns products pipelines and terminals …
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New joint venture to keep Philadelphia refinery in operation
… the press statement. Refining changes Disposal of the Philadelphia facility will complete Sunoco's exit from the refining business . Sunoco earlier shuttered its 178,000-b/d refinery at Marcus Hook, Pa., also in the Philadelphia area …
