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HOUSTON OIL REFINERY
No, the Iran war won’t ground your European holiday flightA commentary on the US-Iran conflict says European summer flights are unlikely to face major disruptions for now, despite earlier fears ove...
A panicked race for barrels grips global oil market, price up as much as $140Global oil markets are witnessing a severe physical crude shortage as Middle East disruptions trigger frantic buying and record premiums fo...
A panicked race for barrels grips the global oil marketA desperate scramble for immediately available oil supplies is occurring globally, with traders paying unprecedented prices for prompt carg...
US oil heads to Greece for first time in four years as refiners seek alternatives to Middle East crudeUS crude oil is reaching Greece for the first time in four years. This shift is driven by Middle East conflicts impacting trade routes. Mea...
Large oil refinery explosion near Texas coast forces residents to shelter in placeA major explosion rocked the Valero oil refinery in Port Arthur, Texas. Plumes of smoke billowed into the air, prompting officials to order...
Saudi Aramco boss pulls out of major international energy conference due to Iran conflict, source saysSaudi Aramco CEO Amin Nasser has cancelled his appearance at the CERAWeek energy conference in Houston. He is staying in Saudi Arabia due t...
Oil prices little changed, concerns about damage from hurricane easeHurricane Beryl minimally impacted Texas oil production, lowering prices. Brent fell to $85.71, WTI to $82.28. Texas, producing 40% of U.S....
Lyondellbasell to shut down Houston Oil refinery by the end of 2023In a recent announcement, Lyondell Bassel announced its plans to close the Houston Oil refinery by the end of 2023.
Hurricane shut-ins curb 82% oil, 59% natural gas output in US Gulf of MexicoUS Gulf of Mexico offshore wells account for 17% of total US crude oil production and 5% of total US natural gas production.
Oil dips as US rigs, refiners appear to have avoided worst of stormBrent crude futures for October, set to expire on Friday, fell 9 cents, or 0.2 per cent, to $45.00 a barrel, while the more active November...
Dharmendra Pradhan discusses work prospects with LyondellBasell companyThe visit was preceded by a meeting with an overview of the US petrochemical industry by industry analysts from IHSMarkit, the UK-based org...
- Delta buys refinery in bid to cut fuel bill
Delta Air Lines Inc is bringing some jet-fuel production in house, breaking with US carriers' reliance on outside providers.
- Crude oil rose last week on Greece hopes
Oil climbed last week as gasoline jumped to the highest level since August and amid signs Greece is near an agreement with its creditors.
- US investigates release at BP's Texas refinery
The US Environmental Protection Agency is investigating a 40-day benzene release at BP's Texas City refinery, the site of a 2005 explosion ...
- ConocoPhillips pulls out of Saudi refinery project
ConocoPhillips said Wednesday it will pull out of a multibillion-dollar project in Saudi Arabia as the company works to cut many of its tie...
- Economic damage from Ike may be less than feared
A small change in Hurricane Ike's course just before it crashed into the Texas coast may have spared the state and the nation from signific...
- Oil falls as Ike strengthens toward Texas
Oil prices slipped further despite concerns about Hurricane Ike's potential to harm refinery operations in Gulf of Mexico, falling U.S. cru...
- Royal Dutch, Shell shut operations
Royal Dutch Shell, BP and other oil companies wrapped up evacuations and shut down production as an intensifying Hurricane Gustav churned t...
- Oil companies completing Gulf evacuations
Royal Dutch Shell, BP and other oil companies wrapped up evacuations and shut down production Saturday as an intensifying Hurricane Gustav ...
- Ocean platform could take 20 pc of US oil imports
Three companies plan to build an oil terminal and pipeline network off the Texas Gulf Coast capable of handling nearly 20 per cent of the U...