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The Associated Press Tesoro Logistics LP said Monday that it will acquire Chevron Pipe Line Co.'s northwest products system for less than previously expected, citing a March diesel fuel spill involving the system. Tesoro said it now plans to pay $355
The given net profit is the highest-ever in the organisation's 37 year history, said a press statement. The financials highlight Apicorp's successful track record in generating sustainable returns while effectively supporting the Arab energy industry.
The Sultanate's crude oil exports to major countries increased 14.8 per cent during the first three months of 2013, compared to the same period in 2012, according to recently published data released by the National Centre for Statistics and
Refinery woes cause nationwide gas price spike Troubles at several oil refineries are driving gasoline prices sharply higher in the Midwest, and the regional shortages are expected to boost pump prices nationwide.While the USA may be dripping in new
China (AP) About 2,000 demonstrators concerned about pollution have taken to the streets in southern China to protest plans for a planned refinery on the outskirts of the city of Kunming. Government officials said this week that the project by the
Brent crude oil prices reversed course Wednesday and rose on the back of a rally in U.S. equity markets despite an increase in U.S. refined products inventories and data showing the eurozone was in its longest recession ever...Oil markets traced
The China National Petroleum Corp refinery in the city of Anning, which will manufacture 10 million metric tons of oil a year, sparked controversy in local communities due to its potentially negative environmental impact. The refinery will emit 2,500
Indonesia's OSO Group to build a large oil refinery in Batam. There is no final decision yet on the project; it is being considered, Azerbaijani Ambassador to Indonesia Tamerlan Karayev told The Jakarta Post on the sidelines celebrations marking the
Refinery Reports You Shouldn't Miss Austin is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited...When crude oil starts flowing, the first place it goes to is the refinery.
Oil refiner and distributor Caltex has disclosed a surge in its first quarter to March net profit, to $190 million from $106 million a yea earlier. The profit was boosted by inventory gains of $46 million, up from $37 million in the same quarter a