Refining

Downstream news: fuels, refining and chemicals
Chenieretour

Cheniere’s Sabine Pass terminal nearing finish line

As companies scramble to announce new plants and expansion projects to capitalize on abundant supplies of cheap, natural gas, Cheniere Energy is nearly finished with the first phase of its liquefaction export terminal.  More »
ALCS Citgo Sign

Citgo not for sale, Venezuela says

Venezuela has ruled out selling its U.S.-based refining subsidiary Citgo Petroleum Corp, Finance minister Rodolfo Marco Torres told Caracas-based El Universal newspaper in an interview published Sunday.  More »
OCI101514

Natgasoline clears EPA hurdle for $1 billion methanol plant in Beaumont

The massive Beaumont project is expected to require thousands of construction workers and carry a more than $20 million annual payroll once it begins producing methanol at the end of 2016  More »
Petroleo Brasileiro SA (Petrobras) natural gas storage tanks sit on an island in Guanabara Bay in the state of Rio de Janeiro, Brazil. (Dado Galdieri/Bloomberg)

Petrobras refinery is 60 percent over budget, audit court says

The new refinery will cost $50,000 more per barrel than Petrobras’ previous facility.  More »
(AP Photo/Pablo Martinez Monsivais)

Refiners to Obama: Keep renewable fuel quotas down

Refiners warned the administration that if it gives in to Corn Belt demands for higher mandates, it could cause gasoline prices to spike.  More »
(StockMonkeys.com)

Shell Oil, Motiva to pay $4.5 million in back wages to nearly 2,700 workers

Shell Oil Co. and Motiva Enterprises have agreed to pay nearly $4.5 million in overtime back wages to 2,677 current and former chemical and refinery employees after federal regulators found violations of federal labor law.  More »

Iowa Senate candidates stress support for ethanol

Ethanol production has become a key issue in Iowa’s closely matched U.S. Senate race, with both candidates pledging support for an industry that is important to the state’s corn-powered agricultural economy  More »
Barton

Ending oil export ban drawing more talk on Capitol Hill

The head of a Republican energy task force predicts the U.S. House of Representatives will advance legislation next year to relax a decades-old ban on exporting most U.S. crude.  More »
King Willem-Alexander, center, of the Netherlands greets DSM CEO and Chairman Feike Sijbesma, left, and POET Executive Chairman Jeff Broin during the opening of one of the nation's first commercial size cellulosic ethanol plants Iowa. (AP Photo/Charlie Neibergall)

Largest corn waste-to-ethanol facility launches

Project Liberty is a $250 million joint venture between a Netherlands biotechnology company and POET, a Sioux Falls, South Dakota-based ethanol maker.  More »

Valero restarts ethanol plant

Valero bought the plant in March from Illinois-based Aventine Renewable Energy Holdings Inc. for $34 million, boosting the number of its ethanol plants to 11.  More »
NRG Energy's W.A. Parish power plant in Fort Bend County will begin capturing some of its carbon emissions in 2016. (NRG Energy photo)

Guest commentary: Partnerships needed to tackle global energy challenges

The global energy industry must seek new avenues to meet growing demand.  More »
FRANCE-ECONOMY-ENERGY-OIL-FUEL-GAS-AUTO-FILES

Commentary: Hitting the gas…and the brakes

There is an interesting set of twists and turns at play between US unemployment data, vehicle sales, and gasoline demand.  More »
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