Lyondellbasell, which in early 2022 said it planned to close its 264,000 b/d Houston refinery at the end of the first quarter of 2025, said on Friday it will shut down some units as early as January.

Other products are e.g. lubricants and asphalt. The most important step in the refinery is distillation. Crude oil is heated and headed through a column. This process yields several petroleum products ...

Major oil marketers across Nigeria have raised the prices of Premium Motor Spirit (PMS), commonly known as petrol, from N1,010 to N1,050 per litre, marking a 4% increase in Lagos and surrounding ...

With escalating tensions in the Middle East and Putin’s war in Ukraine approaching its third year, we cannot emphasize enough the commanding presence of American oil and natural gas in the ...

Ruia’s family business, Essar Group, acquired the Stanlow refinery from Shell in 2011 and has since invested $1 billion in ...

The refinery heats crude oil until most of it evaporates and floats up a distillation column. What's left behind is a thick sludge of the heaviest hydrocarbons. Since various hydrocarbons evaporate ...

IN my previous column, "How PH presidents defended or sold the nation's ... he announced to the nation and the world that the Philippines would explore for oil and gas in its exclusive economic zone ...

SEE YOU IN ADMINISTRATIVE RULEMAKING: Tai Milder says California’s oil refining market remains ... Phillips 66 announced plans to close an LA refinery next year. The company said the move ...

Last week, Phillips 66 said it would shut down its Los Angeles oil refinery by the end of next year. Now, refining peer Valero Energy Corp is suggesting it could be next. Valero, the United States ...

Lower offline refining capacity normally means higher refinery runs and less crude oil available for exports. Yet some Russian refineries are not keen to increase runs even after the end of ...