Tag: Oil Refinery
Pemex Salina Cruz refinery expected to reopen after fatal fire
Firefighter killed in Salina Cruz refinery blaze Mexican state-owned oil company Pemex said it expects to reopen its Salina Cruz refinery sometime on Thursday, one day after a fatal fire forced the shut down of the plant. One firefighter was killed and nine workers were injured in the blaze that broke out Wednesday at the […]
Will changing demand hamper North American refiners?
Despite the prolonged low-price oil market over the past year, North American refiners have largely remained in good financial health — but changes in the supply and demand landscape are creating uncertainties, according to consultancy Wood MacKenzie. OPEC production cuts, the lifted ban for US exports, and decarbonisation legislation are triggering push-me-pull-you scenarios making it […]
Lyondell Houston refinery draws bids from Aramco, Valero, Suncor
Saudi Aramco bids $1.5 billion for Lyondell Houston refinery By Jessica Resnick-Ault and Erwin Seba NEW YORK/HOUSTON, Oct 21 (Reuters) – At least three firms including Saudi Arabian state oil giant Saudi Aramco have bid over $1 billion for the Lyondell Houston refinery, according to four people familiar with the process. The Saudi firm was initially seen as […]
Houston refinery fire doused, no injuries reported
Houston refinery fire at LyondellBasell plant HOUSTON _ A Houston refinery fire has been extinguished after it sent a large cloud of dark smoke over a wide area of southeast Houston. Houston Fire Department Senior Capt. Ruy Lozano says no injuries have been reported in the blaze that broke out late Friday morning at a LyondellBasell […]
Legislators debate US Virgin Islands oil refinery deal with US equity firm
US Virgin Island oil refinery closed in 2012 CHARLOTTE AMALIE, Virgin Islands _ Legislators in the U.S. Virgin Islands are debating an $800 million deal that would allow a Boston-based equity firm to operate what was once the world’s largest oil refinery. Senators met Tuesday to discuss whether the Hovensa oil storage facility in St. Croix […]
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