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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. OGJ Newsletter

    Magazine Articles

    Mon, 12 Sep 2011

    Quick Takes Sunoco exiting oil refining business Sunoco Inc., Philadelphia ..... refineries and plans to leave the oil refining business to complete what it calls ..... which is withdrawing from the refining business , agreed in July to sell its

  2. OGJ Newsletter

    Online Articles

    Mon, 30 Apr 2012

    refinery, considered pivotal to East Coast product supply, from closing in July. Sunoco, which is exiting the refining business , said it has entered exclusive discussions with the Carlyle Group about a joint venture that would keep the refinery

  3. Murphy agrees to sell Wisconsin refinery

    Online Articles

    Tue, 26 Jul 2011

    By OGJ editors HOUSTON, July 26 -- As part of a strategy announced last year to exit the refining business , Murphy Oil Corp. has entered an agreement to sell its 33,250-b/cd refinery at Superior, Wisc., to Calumet Specialty

  4. EIA sees impacts from idling half of Northeast's refining capacity

    Online Articles

    Mon, 9 Jan 2012

    to sell its plants at Marcus Hook (which it idled on Dec. 1) and Philadelphia, with the intent of leaving the refining business in 2012. ConocoPhillips Co. announced later that month that it planned to shut down its Trainer refinery prior

  5. Fitch: 'Reasonably sized' downstream deals to have modest impact

    Magazine Articles

    Mon, 13 Jun 2011

    interest in Ruhr Oel of Germany at $6,868/b/d, and PetroChina's offer of a 50% stake in the European refining business of INEOS at $4,833/b/d. "Russian oil and gas companies remain interested in downstream integration in the

  6. OGJ Newsletter

    Magazine Articles

    Mon, 1 Aug 2011

    PROCESSING — Quick Takes Murphy agrees to sell Wisconsin refinery As part of a strategy announced last year to exit the refining business , Murphy Oil Corp. has entered an agreement to sell its 33,250-b/cd refinery at Superior, Wisc., to Calumet

  7. Aramco's push for value

    Magazine Articles

    Mon, 20 Jun 2011

    joint ventures use natural gas liquids and refined products as feeds, which are natural extensions of its NGLs and refining business . Aramco's current and planned JVs include those with Sumitomo Chemical Co. (PetroRabigh) and Dow Chemical Co

  8. Northeast supply stress

    Online Articles

    Mon, 16 Apr 2012

    it warned of trouble if Sunoco closes its 335,000-b/d refinery in Philadelphia. The company is exiting the refining business and wants to sell the Philadelphia facility, its last. If unsuccessful by July, it will quit running crude. Market

  9. OGJ Newsletter

    Online Articles

    Mon, 7 May 2012

    acquire Sunoco Inc. in a unit and cash transaction valued at $5.3 billion. Sunoco has been withdrawing from the refining business and now operates mainly as a logistics and retail business, owning the general partner interest of Sunoco Logistics

  10. Murphy to sell Meraux refinery to Valero

    Online Articles

    Fri, 2 Sep 2011

    La., and related properties to Valero Energy Corp. for $625 million. Murphy, which is withdrawing from the refining business , agreed in July to sell its 33,250 b/d refinery in Superior, Wisc., to Calumet Specialty Products Partners