Latest Oil and gas refining News

Keystone XL company moves to condemn South Dakota land

Aug. 20, 2018 2:28 PM EDT

BUFFALO, S.D. (AP) — The company planning the Keystone XL oil pipeline is moving to condemn private land in South Dakota. TransCanada Corp. has filed eminent domain petitions in state court against parcels of Harding County land owned by two families, The Rapid City Journal reported . At least one family...

Judge: Canadian firm can go after Venezuela's US refineries

Aug. 9, 2018 11:57 PM EDT

CARACAS, Venezuela (AP) — A Canadian gold mining company on Thursday won the right to go after Venezuela's prized U.S.-based oil refineries and collect $1.4 billion it lost in a decade-old take-over by the late socialist President Hugo Chavez. Chief Judge Leonard P. Stark of the U.S. Federal District Court...

Company disputes complaint over refinery by national park

Aug. 9, 2018 3:25 PM EDT

BISMARCK, N.D. (AP) — The company planning an oil refinery near Theodore Roosevelt National Park in western North Dakota is asking state regulators to dismiss a complaint filed by environmental groups over the site. Meridian Energy Group made its request to the Public Service Commission on Wednesday,...

Agency: Refinery fire caused by blast debris hitting tank

Aug. 2, 2018 1:57 PM EDT

SUPERIOR, Wis. (AP) — A raging refinery fire that forced the temporary evacuation of homes in the coastal Wisconsin city of Superior in April was caused by an explosion that sent debris hurtling into an asphalt storage tank, a federal agency said Thursday. The U.S. Chemical Safety Board released an update...

Mexico president-elect: $16 billion to boost oil output

Jul. 27, 2018 10:18 PM EDT

MEXICO CITY (AP) — Mexico's president-elect announced a $16 billion investment plan Friday to boost flagging oil production, refinery capacity and electrical generation. Andres Manuel Lopez Obrador said the country must act "urgently" to reverse a decline that saw crude output drop to 1.88 million barrels...

2020 restart expected at Wisconsin refinery after explosion

Jul. 26, 2018 9:15 PM EDT

SUPERIOR, Wis. (AP) — A Wisconsin refinery damaged by an explosion and fire earlier this year is not expected to resume operations until 2020. WDIO-TV reports Canada-based Husky Energy said in its second-quarter earnings statement Thursday that the refinery in Superior, Wisconsin, is not expected to...

India cuts oil imports from Iran by a quarter in past year

Jul. 23, 2018 10:42 AM EDT

NEW DELHI (AP) — Facing the threat of U.S. oil sanctions on Iran, India continued to rely on Iraq as its top oil supplier in the April-June quarter, followed by Iran and Saudi Arabia, the oil minister said Monday. Petroleum Minister Dharmendra Pradhan said India bought 7.27 million metric tons of oil from...

UN diplomats: Russia and China block US on North Korea oil

Jul. 19, 2018 4:38 PM EDT

UNITED NATIONS (AP) — Russia and China blocked the United States on Thursday from getting the United Nations to publicly accuse North Korea of smuggling in refined petroleum products beyond the annual quota of 500,000 barrels allowed under U.N. sanctions, diplomats said. The Russians and Chinese, who are...

Yemen rebels claim to target Saudi oil refinery in Riyadh

Jul. 19, 2018 5:04 AM EDT

SANAA, Yemen (AP) — Yemen's Shiite rebels at war with a Saudi-led coalition say they have attacked a Saudi Aramco refinery in Riyadh but the oil company said a "minor fire" that erupted there was "due to an operational incident." Rebel spokesman Mohammed Abdul-Salam said on Twitter late on Wednesday that a...

Site work begins for opposed oil refinery near national park

Jul. 17, 2018 3:01 PM EDT

BISMARCK, N.D. (AP) — Meridian Energy Group said Tuesday that it has begun site work for an oil refinery about 3 miles (5 kilometers) from Theodore Roosevelt National Park in western North Dakota, though the project still faces hurdles, including a lawsuit by environmental groups. Meridian said it hired...