Latest Oil and gas refining News

19 injured in ethane explosion in southern Mexico

Nov. 30, 2022 11:42 AM EST

MEXICO CITY (AP) — Authorities in the Mexican Gulf coast state of Veracruz said 19 people were injured where a pipeline carrying ethane gas exploded. The Veracruz state civil defense office said most of the people injured in the explosion Tuesday in the town of Agua Dulce suffered...

German government mulls stake in Dutch grid operator TenneT

Nov. 30, 2022 09:51 AM EST

BERLIN (AP) — The German government said Wednesday it is considering taking a stake in Dutch grid operator TenneT, which has a large footprint in Germany. Germany already has a minority stake in rival grid operator 50 Hertz, via the state-owned investment bank KfW, and Economy...

A rail strike looms and impact on US economy could be broad

Nov. 22, 2022 16:31 PM EST

OMAHA, Neb. (AP) — American consumers and nearly every industry will be affected if freight trains grind to a halt next month. One of the biggest rail unions rejected its deal Monday, joining three others that have failed to approve contracts over concerns about demanding schedules...

Bulgaria to let Russian oil refinery export despite EU ban

Nov. 22, 2022 08:06 AM EST

SOFIA, Bulgaria (AP) — Bulgaria will allow a Black Sea refinery owned by a Russian oil company to keep operating and exporting oil products to the European Union until the end of 2024 despite warnings by Brussels that it is against the bloc’s sanctions. The deal between Bulgaria...

Italian oil workers seek deal for Russian-owned refinery

Nov. 18, 2022 09:38 AM EST

ORTIGIA, Sicily (AP) — Thousands of workers at a Russian-owned oil refinery in Sicily protested Friday against the threat of closure as Europe imposes a full embargo on Russian oil starting next month. Workers demanded action from Italy’s new economic development minister,...

US-owned firms appear to help Venezuela avoid US sanctions

Nov. 16, 2022 15:38 PM EST

MIAMI (AP) — A company with an office in Houston and another owned by two American citizens appear to be helping Venezuela bypass U.S. sanctions and quietly transport millions in petroleum products aboard an Iranian-built tanker, The Associated Press has learned. The sanctions...

Paris Metro workers strike for wage hike, disrupt commutes

Nov. 10, 2022 15:53 PM EST

PARIS (AP) — Striking workers shut down half of the Paris subway system Thursday, a nationwide day of walkouts and protests by French train drivers, teachers and other public-sector workers demanding the government and employers increase salaries to keep up with inflation. Union...

Takeaways: Bold proposals and 'net zero' criticism at COP27

Nov. 08, 2022 16:57 PM EST

SHARM EL-SHEIKH, Egypt (AP) — Bold proposals to confront climate change were floated—and ignored or rejected. The often bogus “net zero” claims by companies and local governments were called out. And the fate of an activist on a water and hunger strike continued to get attention, though the...

Renault, China's Geely announced powertrain joint venture

Nov. 08, 2022 01:26 AM EST

BEIJING (AP) — Renault SA and China's Geely announced plans Tuesday for a jointly owned venture to produce gasoline-powered and hybrid powertrains, adding to a series of partnerships between global automakers to share soaring technology costs. The venture will have 17 plants with...

Gas prices rise in NJ, around nation

Nov. 05, 2022 14:45 PM EDT

TRENTON, N.J. (AP) — Gas prices rose across the nation and in New Jersey, but analysts say they expect pump prices to level off in coming days and weeks. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $3.85, up eight cents from last...