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Valero Port Arthur, Texas, refinery shuts HCU, SRU for overhaul: sources
Valero Energy Corp shut a hydrocracking unit (HCU) and sulfur recovery unit (SRU) at its 335,000-barrel-per-day (bpd) Port Arthur, Texas, refinery on Monday, said sources familiar with plant operations......»»
Chinese bank seeks denial of Philadelphia Energy Solutions bankruptcy plan
A Chinese bank asked a federal judge on Tuesday to deny Philadelphia Energy Solutions' initial bankruptcy requests, arguing it should get priority over any insurance payouts after a June fire destroyed a section of the PES refinery......»»
Texas AG files lawsuit against Valero over Port Arthur emissions
The attorney general of Texas has sued San Antonio-based Valero Energy Corp., seeking to penalize the company for five years of allegedly excessive emissions at its Port Arthur refinery along the Texas Gulf Coast near Beaumont. The office of Attorney G.....»»
Continental Posts Results for Third Quarter Fiscal 2019
VANCOUVER, British Columbia, June 07, 2019 (GLOBE NEWSWIRE) -- Continental Energy Corporation (OTCQB:CPPXF) (the "Company") is an emerging integrator of modular refinery infrastructure with nearby stranded crude oil production. The Company today ann.....»»
Greater Cincinnati engineering company acquires Texas firm
Sharonville-based Eco Engineering Inc., an engineering firm that specializes in the design and build of energy efficient lighting systems, has acquired InVision Technologies, a lighting services firm headquartered in Coppell, Texas. InVision prov.....»»
Texas House bill seeks to end noncompete agreements for oil, gas workers
A bill in the Texas House of Representatives proposes to end noncompete agreements for oil and gas workers. The House Energy Resources committee held a hearing March 25 to consider House Bill 1522, which would make it unlawful for staffing agencies.....»»
Pumping Out the Dividends in the Energy Sector
InvestorPlace - Stock Market News, Stock Advice & Trading Tips U.S. crude oil has been on a great recovery over the past year with West Texas Intermediate (WTI) rising from a low of $42.53 back on June .....»»
India, Saudi Arabia to Build $44 Billion Refinery in Western India
India and Saudi Arabia signed an agreement to set up a crude-oil refinery with a capacity to process 1.2 million barrels a day in the western Indian state of Maharashtra......»»
Noble Energy (NBL) Seals Crude Oil Transport Deal With EPIC
EPIC pipeline to transport Noble Energy's (NBL) crude oil from Delaware Basin area to Corpus Christi, Texas. Noble Energy, Inc. NBL finalized an agreement with EPIC Pipeline, LP (“EPIC”) to t.....»»
Enterprise Products (EPD) Seeks Commitment for ECPL Expansion
The expansion of Enterprise Products' (EPD) ECPL West Texas System will facilitate transportation of high crude oil produ.....»»
Crude Oil Price Curbs Drop on Surprise Inventory Build
A larger-than-expected decrease to U.S. crude oil stockpiles moderated the drop in crude prices following Thursday's report from the U.S. Energy Information Administration......»»
Valero faces permit fight over emissions at Houston refinery
San Antonio-based refining company Valero Energy Corp. is facing a permit fight over emissions of a poisonous gas from its Houston refinery. The Texas Commission on Environmental Quality is holding a meeting Monday evening at the Hartman Park Communit.....»»
Motech subsidiary to build 35MWp PV power station in southern Taiwan
Solar cell maker Motech Industries has announced that its subsidary Motech Energy System (MES) will invest NT$1.1 billion (US$36.1 million) to construct a 35MWp PV power station in southern Taiwan......»»
Expect Lower Oil Prices
The U.S. Energy Information Administration (EIA) on Wednesday reported a large build in crude oil inventories and a production decline in the week ending July 27. According to the Weekly Petroleu.....»»
WTI Drops Back Below $68 After Big Gasoline Build, Small Crude Draw
WTI has tumbled this morning (back below $68) as Bloomberg Intelligence Senior Energy Analyst Vince Piazzanotes that optimism for crude oil has sof.....»»
EIA lifts oil-price forecasts, lowers U.S. crude output expectations
The U.S. Energy Information Administration on Tuesday raised its 2018 and 2019 price forecasts on West Texas Intermediate and Brent crude oil prices, while lowering its U.S. production expectations for this.....»»
The Hottest Oil Trade Is No Longer in Texas
The Bakken, which stretches from Montana to North Dakota, had long been considered by some in the energy industry to be played out. Now the region is experiencing a comeback, luring investors as crude prices have surged......»»
EIA lifts oil-price and U.S. crude output expectations for this year and next
The U.S. Energy Information Administration on Wednesday raised its 2018 and 2019 price forecasts on West Texas Intermediate and Brent crude oil prices and U.S. production expectations.....»»
WTI Slumps To 2-Week Lows After Biggest Crude Build In 20 Months
After holding around $75 yesterday amid storm news as Hurricane Michael shut more offshore oil platforms and the International Energy Agency warned that the global market is entering a “red zone," today saw risk-o.....»»
Futures Movers: Oil ends at a more-than-2-month low with U.S. inventories expected to rise further
Oil prices decline Tuesday, with expectations for another build in U.S. crude supplies feeding worries over rising global production and the potential for a slowdown in energy demand pushing prices to their lowest finish in more than two months......»»