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Oil and Gas Refining

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  • Oil markets were consolidating after absorbing a week's worth of news of Libyan supply outages, negotiations over Iran's nuclear program, and supportive comments from President Barack Obama's nominee to lead the Fed. Brent crude was up 3 cents at $108.31 a barrel at 11:03 a.m. EST and looked set for a weekly gain of 3 percent.

  • Nov 15- One person died in an overnight fire at a processing unit of Chevron Corp's 330,000 barrel-per-day refinery in Pascagoula, Mississippi, an official said on Friday. March 2- A fire on an asphalt tank under construction killed two workers at HollyFrontier Corp's 105,000 bpd Navajo refinery in Artesia, New Mexico.

  • NEW YORK, Nov 15- U.S. Gulf Coast gasoline differentials rose about 3- 4 cents a gallon on Friday, traders said, following a fire and one death at Chevron Corp's 330,000 barrel-per-day refinery in Pascagoula, Mississippi.

  • Nov 15- A Chevron Corp worker was killed on Friday after a fire broke out at a cracking unit at the major U.S. oil company's 330,000 barrel per day Pascagoula, Mississippi refinery in the early morning hours. Earl Etheridge, director of Jackson County Emergency Services, said the fire was extinguished.

  • Nov 15- One person was killed in an overnight fire at a processing unit of Chevron Corp's 330,000- barrel-per-day refinery in Pascagoula, Mississippi, a Jackson County emergency official said. The fire was contained and extinguished by plant personnel, said Earl Etheridge, director of Jackson County Emergency Services.

  • Nov 15- One person was killed in an overnight fire at a processing unit of Chevron Corp's 330,000- barrel-per-day refinery in Pascagoula, Mississippi, according to a report on the WLOX News website.

  • Unrest in Libya has also supported oil prices, with output down to a fraction of its production capacity of 1.25 million barrels a day. Protests at oil ports have cost Libya more than $6 billion and started hitting power supplies in the North African country.

  • SINGAPORE, Nov 15- Brent oil held above $108 a barrel on Friday, heading for its biggest weekly gain since early July on expectations the Federal Reserve will stick with its easy money policy for now.

  • SINGAPORE, Nov 15- Brent oil held above $108 a barrel on Friday, heading for its biggest weekly gain since early July on expectations the Federal Reserve will stick with its easy money policy for now.

  • SINGAPORE, Nov 15- Brent oil futures held above $108 a barrel on Friday, heading for its biggest week since early July on expectations the Federal Reserve will stick with its easy money policy for now.

  • Oman oil executive goes on trial on bribery charges Thursday, 14 Nov 2013 | 11:34 AM ET

    A public prosecutor at a Muscat court accused Juma Al Hinai, the head of the tenders committee at Petroleum Development Oman, of receiving the bribe from two executives of Galfar Engineering and Contracting, a local firm.

  • *Oil outages in Libya and Iraq also a worry. LONDON, Nov 14- Oil markets look well supplied in the short term but prices could rise in the next few months due to a seasonal increase in demand and production problems in some OPEC producers, the West's energy watchdog said on Thursday.

  • It is the latest milestone reached by the world's largest oil consumer after the shale oil revolution reversed declining output and gave fresh momentum to the oil industry in states such as North Dakota and Texas.

  • *Libya in chaos two years after fall of Muammar Gaddafi. TRIPOLI, Nov 13- Libya's Berber minority will boycott a committee to draft a new national constitution, the election commission said, in a move that complicate attempts to end oil and gas protests which have dented output.

  • *Iran asks Indian refiners to pay euros via Turkey's Halkbank. NEW DELHI, Nov 13- Indian refiners have asked the government to clarify if they can pay Iran for crude in euros after the National Iranian Oil Company requested settlement of some debts through a Turkish bank, Indian officials said on Wednesday.

  • *OPEC says its output remains higher than demand. SINGAPORE, Nov 13- Brent crude edged above $106 per barrel on Wednesday, recovering some lost ground after oil was hit by speculation the U.S. Brent for December delivery was 26 cents higher at $106.07 per barrel at 0539 GMT, after settling 59 cents lower on Tuesday.

  • *OPEC says output higher than demand. SINGAPORE, Nov 13- Brent crude climbed above $106 per barrel on Wednesday, recovering some lost ground after oil was hit by speculation the U.S. Brent for December delivery was 25 cents higher at $106.06 per barrel at 0208 GMT, after settling 59 cents lower on Tuesday.

  • U.S. crude for December delivery was down 8 cents at $92.96 per barrel at 0022 GMT, after settling $2.10 lower. *OPEC's production remains higher than next year's global requirement for its crude, the exporter group said on Tuesday, even after Saudi Arabia cut production from a record high level.

  • *Sinopec exploring Africa and Australia; building storage in Indonesia. SINGAPORE, Nov 13- From Africa to Australia, Chinese refiners are exploring new markets to ship surplus oil products such as jet fuel and diesel, putting them on track to compete with global trading houses and refining centres such as Singapore.

  • *Conflicting signals from Iran talks add volatility. NEW YORK, Nov 12- U.S. oil futures fell more than $2 a barrel on Tuesday, posting a fresh four-and-a-half-month low, amid speculation the U.S. Any tapering would "tighten the screws on the market," said Bob Yawger, director of commodity futures at Mizuho Securities in New York.

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