Refining News for United States

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Kemp: Distillate Fuel Oil Market Set To Tighten In 2018
Friday, November 17, 2017 US refineries are struggling to meet booming demand for distillate fuel oil at home and in export markets.

US Flexes Refining Muscles to Satisfy Mexico's Fuel Thirst
Thursday, November 09, 2017 US refiners are setting up for the strongest end-of-year they've ever had, and it's all thanks to Mexico.

A $6 Billion Windfall for Oil Refiners Has Small Hurdle: the IRS
Tuesday, November 07, 2017 An obscure gasoline additive could lead to a windfall of more than $6 billion for struggling US oil refiners.

Ethanol, Big Oil Bid for Trump's Attention in Fox News Ad Fight
Monday, November 06, 2017 Big Corn and Big Oil are taking their long-running fight over renewable fuels to Fox News.

Icahn Refinery Cuts Biofuels Short Amid Reform Standstill
Wednesday, November 01, 2017 CVR Energy has significantly unwound a large short position in the US biofuel credit market.

EIA: US Oil And Fuel Stocks Drop In Latest Week
Wednesday, November 01, 2017 US stocks of crude oil, gasoline and distillates fell last week, with the gasoline and crude draws exceeding expectations, the EIA says.

HollyFrontier Profit Beats On Higher Refining Margins; Shares Jump
Wednesday, November 01, 2017 HollyFrontier reports a better-than-expected quarterly profit.

Phillips 66 Wraps Up Strong Quarter For Big US Refiners
Friday, October 27, 2017 Phillips 66 wraps up a strong 3Q for big US oil refiners that saw refining margins rise sharply in the aftermath of Hurricane Harvey.

Oil Refiners Shrug Off Harvey to Rake in Fat Post-Storm Profits
Wednesday, October 25, 2017 When Hurricane Harvey cleared and the floodwaters receded, oil refiners found themselves floating on a sea of cash.

US Midwest Oil Refiners Boost Output, Cut Dependence On Gulf Coast
Monday, October 23, 2017 US refineries from Ohio to Minnesota are capitalizing on access to cheap crude from Western Canada and North Dakota oilfields.

In 'Energy City' USA, Hurricane Harvey's Fury Is Still Lingering
Thursday, October 19, 2017 It took five weeks for the largest US oil refinery to get back to normal after Hurricane Harvey.

Mercuria: Record US Oil Exports Set To Surge Further
Friday, October 13, 2017 Already record US oil exports are set to surge further in the coming month.

EIA: US Crude Inventories Fall, Gasoline Posts Surprise Build
Thursday, October 12, 2017 US crude oil inventories fell last week as refining rates rose, while gasoline posted an unexpected hefty build, the EIA says.

EIA: US Heating Costs Forecast To Be Higher This Winter
Wednesday, October 11, 2017 Most US households can expect higher heating expenditures this winter than in the previous two years, according to the government's Winter Fuels Outlook.

Philadelphia-area Refiners Urge Trump to Reform Biofuels Program
Monday, October 09, 2017 The US renewable fuel program is pitting the oil industry against the powerful farm lobby.

Contractor Died at Valero Corpus Christi Refinery-Company
Friday, October 06, 2017 A contractor died at Valero Energy Corp's Corpus Christi, Texas, refinery on Wednesday, the company said on Friday.

Sources: Shell Prep Louisiana Refineries to Keep Running in Storm
Thursday, October 05, 2017 PBF Energy and Royal Dutch Shell Plc were preparing their Louisiana refineries to keep running during Tropical Storm Nate, which is forecast to make landfall in the state on Sunday, sources familiar with plant operations said.

EIA: US Crude Stocks Fall As Exports Hit New Record
Wednesday, October 04, 2017 US crude oil stocks fell sharply last week as crude exports rose to a record high of nearly 2 million barrels per day, the Energy Information Administration says.

More Fuel On Way To Puerto Ricans, Power Still Down For Most
Monday, October 02, 2017 Puerto Rico Governor Ricardo Rossello reports progress in getting fuel supplies to the island's 3.4 million inhabitants as they faced a 13th day largely without power.

Trump Told Iowa He'd Save Ethanol. His EPA Chief Has Other Ideas
Friday, September 29, 2017 "This seems like a bait-and-switch," Iowa's senior Republican senator said.

US Biofuel Credit Prices Fall as EPA Considers Change
Thursday, September 28, 2017 The EPA reportedly is weighing a change to US biofuels policy that would allow exports of ethanol to count toward the country's annual biofuels volumes mandates.

US Fuel Demand Hits Highest Level in a Decade for August
Thursday, September 28, 2017 US fuel consumption to its highest level in a decade for the month of August, driven by a rise in distillate demand, the American Petroleum Institute said.

Hurricane Maria Hits US Refineries Without Touching Land
Tuesday, September 26, 2017 At least two East Coast refineries are making less gasoline and diesel as rough Atlantic seas hamper the transfer of crude oil from ships to barges for delivery to the facilities.

Exxon's Baytown, Texas Refinery Operations Normal
Monday, September 25, 2017 ExxonMobil says operations at the company's Baytown refinery have returned to normal.

Stormy Weather Exposes Shortcomings Of World's Oil Refineries
Thursday, September 21, 2017 Harvey's crippling impact on US oil refinery operations and the challenge buyers faced in filling the gap in gasoline supplies has exposed a shortage of spare refining capacity around the globe.

ExxonMobil Starts Fuels Production at Baytown, Beaumont
Thursday, September 21, 2017 Company says Texas refineries resume fuel production and chem plants are ramping up.

EIA: US Crude Inventories Up Again, Gasoline, Diesel Stocks Down
Wednesday, September 20, 2017 US crude oil stockpiles jumped last week as imports and production increased, while distillate inventories fell the most in nearly six years and gasoline inventories also declined.

Far From the Texas Coast, Hurricane Harvey Hits Oil Refiners
Tuesday, September 19, 2017 Three weeks after Hurricane Harvey ravaged the massive fuel-making industry, the region's recovery from storm damage is starting to disrupt plans for crucial maintenance.

Kemp: Hedge Funds Crowd In To Bet On Gasoline And Diesel
Monday, September 18, 2017 Hedge funds continue to wager on a shortage of refined fuels driving prices higher, even as US refineries gradually restart operations in the aftermath of Hurricane Harvey.

Colonial Pipeline Allows Port Arthur Refiners To Ship Fuel After Harvey
Monday, September 18, 2017 Port Arthur, Texas refiners can use their own pumps as a temporary solution, Colonial Pipeline says.

Valero Underestimated Houston Refinery Leak During Harvey
Friday, September 15, 2017 Valero probably underestimated the leakage of dangerous chemicals when Hurricane Harvey hit its Houston refinery last month, EPA says.

Storms Worsen Unprecedented Summer Slump In US Diesel Supply
Friday, September 15, 2017 US diesel stockpiles did something this year that has never happened in the summer before: They shrank.

Canada, N. Dakota Crudes Surge On Harvey After-Effects
Thursday, September 14, 2017 Light, sweet crude out of Canada and North Dakota surged to their highest levels in over 4 years, as Midwest and East Coast refiners bid heavily for those grades.

It Could Take Days Before Florida Thirst for Fuel Is Slaked
Tuesday, September 12, 2017 Hurricane Irma may now be gone, but its fallout will continue to haunt Florida for at least the next few days as the largest US gasoline market after California and Texas thirsts for the fuel.

Largest US Refinery Restarts Production After Harvey
Monday, September 11, 2017 The largest US refinery was restarting production for the first time since being shut nearly two weeks ago by Hurricane Harvey, said sources familiar.

States Suing Trump Administration Over Delayed Fuel-Economy Fines
Monday, September 11, 2017 US states are suing the federal government for delaying the rollout of higher 'gas-guzzler' penalties for automakers building new vehicles failing to meet minimum fuel-economy standards.

Harvey May Pinch Some Gulf Coast Refining, Chemical Projects
Friday, September 08, 2017 Oil and petrochemical plants along the US Gulf Coast intend to go ahead with plans for near record spending on expansions next year.

CNBC: Exxon CEO Says Making Progress Restarting Refinery In Texas
Thursday, September 07, 2017 ExxonMobil is making good progress as it restarts operations at its Baytown, Texas refinery following Hurricane Harvey, CEO Darren Woods told CNBC.

Gas Trucks U-Turn as Shortage Shifts From Texas to Florida
Thursday, September 07, 2017 Truckers who hauled gasoline to Texas last week from Florida may run the same route in reverse next week as Hurricane Irma bears down on the Sunshine State.

Hospital: Refinery Worker Dies After Fire At HollyFrontier Kansas Refinery
Tuesday, September 05, 2017 A worker has died due to injuries from a fire at HollyFrontier's El Dorado, Kansas refinery, a local hospital confirms.

US Gasoline Prices Climb As Refineries Gradually Restart
Tuesday, September 05, 2017 US retail gasoline prices climbed on Tuesday, even as oil refineries rumbled back into service after Hurricane Harvey disrupted operations along the Texas coast.

Valero Seeks Waiver To Colonial Pipeline Fuel Specifications After Harvey
Tuesday, September 05, 2017 Valero asks federal regulators to allow or direct Colonial Pipeline Co to lift gasoline grade requirements in the wake of Hurricane Harvey.

Retail US Gasoline Prices Surge After Harvey, Global Impact Felt
Friday, September 01, 2017 Retail US gasoline prices surged to two-year highs on Friday and global shipping routes were scrambled.

Mexican Tycoon Slim Takes Stake in PBF Energy
Friday, September 01, 2017 Mexican billionaire Carlos Slim has taken a 5.4 percent stake in refiner PBF Energy, according to an SEC filing.

US Releases 1 Million Barrels Of Oil From Strategic Reserve
Thursday, August 31, 2017 The US Energy Department says it will release a second batch of oil from the Strategic Petroleum Reserve totaling 1 million barrels.

Gasoline Surges as Storm Harvey Traps Gasoline in the South
Thursday, August 31, 2017 Gasoline advanced, extending its longest rally since 2013, as traders assess the capacity of key Gulf Coast refineries and pipelines.

About A Quarter Of US Fuel Output Shut As Harvey Churns On
Wednesday, August 30, 2017 The heart of the US energy industry suffers further damage and supply constraints could last for weeks.

Texas Refiners Spared by Harvey Sweat Storm's Second Round
Tuesday, August 29, 2017 The largest refinery in the United States is gearing up for Harvey's second landfall.

Icahn Sees Biofuels Fight Deepening as Refinery Losses Mount
Tuesday, August 29, 2017 Billionaire Carl Icahn says an oil industry push for structural changes to the US biofuels mandate will persist.

US Midwest Refiners Eye Best Quarter in Two Years as Harvey Hits Rivals
Tuesday, August 29, 2017 US refiners in the Midwest will be among the biggest winners after Hurricane Harvey dealt a blow to their competitors on the US Gulf Coast.

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