Refineries
4 stories related to this topic, newest first.
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)China Orders Firms to Bypass U.S. Sanctions on Iran-Linked Refiners
China has directed domestic firms not to comply with recent U.S. sanctions targeting five refiners involved in Iranian oil trade. The move activates a 2021 blocking measure for the first time, amid upcoming talks between President Trump and Xi Jinping. Banks are seeking regulator…
Steve Morgan / Wikimedia (CC BY-SA 3.0)Phillips 66 and Kinder Morgan Secure Shipper Commitments for Proposed Western Gateway Pipeline
Phillips 66 and Kinder Morgan announced they have obtained sufficient long-term shipper commitments to proceed with the Western Gateway Pipeline project. The pipeline aims to connect Midwest and Gulf Coast fuel supplies to Arizona and California markets. It comes amid refinery cl…
koreatimes.co.krUS Crude Oil Inventories Decline for Week Ending April 10, 2026
US crude oil inventories decreased by 913,000 barrels for the week ending April 10, 2026, contrary to expectations of an increase. Gasoline stocks fell by 6.328 million barrels, exceeding forecasts, while distillate inventories dropped by 3.122 million barrels. Refinery utilizati…
Robert Yarnall Richie / Wikimedia (No restrictions)Valero Reduces Mexican Crude Imports Following Fire at Port Arthur Refinery
Valero Energy Corp has reduced its imports of Mexican crude oil to a fraction of usual levels after a fire damaged its Port Arthur refinery in Texas. The refinery, one of the largest in the United States, processes significant volumes of heavy crude from Mexico. Petroleos Mexican…