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Oil and Gas Refining

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  • FACTBOX-The final tally on U.S. refiners' RIN costs Monday, 31 Mar 2014 | 7:00 AM ET

    NEW YORK, March 31- In 2013, U.S. oil refiners spent at least $1.35 billion on renewable identification number credits, a Reuters review of securities filings shows.

  • NEW YORK, March 31- Last year's spike in the price of ethanol blending credits cost independent refiners at least $1.35 billion, more than three times as much as the year before, according to a Reuters' review of securities filings.

  • WASHINGTON, March 27- More oil than previously thought may have leaked into Lake Michigan this week from BP Plc's Indiana refinery, the company said on Thursday, after two U.S.

  • TRIPOLI, March 27- Libyan protesters have blocked a pipeline carrying oil condensates from the southwestern al-Wafa oilfield to the Mellitah export port, state-owned National Oil Corp said on Thursday.

  • NEW YORK, March 27- Crude oil futures rose on both sides of the Atlantic on Thursday, with U.S. crude up more than $1 to hit a three-week high as strong U.S. economic data and the end of refinery maintenance season signaled strong demand ahead for crude oil.

  • The 2,858- mile pipeline would link trillions of dollars worth of oil in land-locked fields in the western province of Alberta to an Atlantic port in the Irvings' eastern home province of New Brunswick, north of Maine, creating a gateway to new foreign markets for Canadian oil.

  • LONDON, March 27- Brent crude oil rose towards $108 a barrel on Thursday, supported by worries about potential supply disruption due to the possibility of Western sanctions on Russia's energy sector.

  • LONDON, March 27- Brent crude oil held steady around $107 a barrel on Thursday, underpinned by worries about potential supply disruption due to the possibility of Western sanctions on Russia's energy sector.

  • President Barack Obama hinting at tougher economic sanctions against Russia, including in the energy sector. The United States and the European Union agreed on Wednesday to work together to prepare possible further economic sanctions in response to Russia's actions in Ukraine and to make Europe less dependent on Russian gas.

  • President Barack Obama hinting at tougher economic sanctions against Russia, including in the energy sector. The United States and the European Union agreed on Wednesday to work together to prepare possible further economic sanctions in response to Russia's actions in Ukraine and to make Europe less dependent on Russian gas.

  • *Coast Guard stretches shipping cutoff to midnight from 6 p.m.; to resume at daylight. On Tuesday, when both inbound and outbound traffic resumed, the Coast Guard stopped movement at about 6 p.m. CDT to limit the spread of fuel oil floating in Galveston Bay.

  • NEW YORK, March 26- Between nine and 18 barrels of oil spilled into Lake Michigan from BP Plc's Whiting refinery in Indiana after a malfunction on Monday, the U.S. Coast Guard confirmed on Wednesday. The amount of oil spilled is based on an initial visual estimate and may change, a U.S. Coast Guard spokesman said.

  • NEW YORK, March 26- Between 9 and 18 barrels of oil spilled into Lake Michigan from BP Plc's Whiting refinery in Indiana after a malfunction on Monday, the U.S. Coast Guard confirmed on Wednesday. About 5,000 square yards of water was coated in an oily sheen and oil slicks could be seen on the shore and rocks, BP said in its initial report to the EPA.

  • US COAST GUARD SAYS 9-18 BARRELS OF OIL SPILLED INTO LAKE MICHIGAN AFTER BP REFINERY LEAK ON MONDAY.

  • BP spill contained     Wednesday, 26 Mar 2014 | 1:12 PM ET

    BP says a malfunction at its Whiting refinery in Indiana let crude oil into Lake Michigan, reports CNBC's Sue Herera.

  • HOUSTON, March 26- More ships were waiting on Wednesday morning to sail through the Houston Ship Channel as the cleanup of a Saturday fuel oil spill in Galveston Bay continued, the U.S. Coast Guard said.

  • LONDON, March 26- Brent crude oil rose above $107 per barrel on Wednesday as a disruption in supply from Nigeria and Libya supported prices, while promising data from top consumer the United States also boosted investor sentiment. Brent for May delivery rose 25 cents to $107.24 by 0907 GMT, after closing up 18 cents in the previous session.

  • SINGAPORE, March 26- Brent crude futures rose above $107 per barrel on Wednesday amid a disruption in supply from Nigeria and Libya, while promising data from top consumer United States also supported prices. Brent crude for May delivery rose 19 cents to $107.18 by 0600 GMT, after closing up 18 cents in the previous session.

  • Brent rises above $107 on supply concerns, strong US data Wednesday, 26 Mar 2014 | 1:08 AM ET

    SINGAPORE, March 26- Brent crude futures rose above $107 per barrel on Wednesday amid a disruption in supply from Nigeria and Libya, while promising data from top consumer United States also supported prices. Brent crude for May delivery rose 21 cents to $107.20 by 0459 GMT, after closing up 18 cents in the previous session.

  • HOUSTON, March 25- The Houston Ship Channel, a critical waterway for oil shipments, gradually reopened on Tuesday after a four-day closure that forced at least one big refiner to cut output and caused a backlog of more than 100 vessels.

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