Skip to: Content
Skip to: Site Navigation
Skip to: Search
SUNDAY, NOVEMBER 22, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: oil refineries

oil refineries stories: 20 news summaries

 Wandering Manatee Safe in Fla. 

'Ilya' had gotten as far as CT, rescued near refinery in NJ

Oct 29, 09 1:12 PM CDT
(Newser) - Ilya, a 10-foot, 1,100-pound manatee spotted in Connecticut waters 2 weeks ago, is safely recuperating at a Florida aquarium before being released back into the wild. Ilya was rescued 2 days ago wallowing in the warm discharge of a New Jersey oil refinery, but neither that nor his... More »

MORE ABOUT:
Florida • New Jersey • Connecticut • oil refineries • animal rescue groups • marine mammals • Manatees • aquarium • Ilya the manatee


 Oil Prices Plunge, 
 Gas Not So Much 

Refineries slashed production after demand for gas dipped

Feb 16, 09 6:33 AM CST
(Newser) - Gas is pumping toward $2 per gallon—a 22% increase since Dec. 30—even though oil prices have dipped 16% over the same period. What gives? When penny-pinched Americans cut back on fuel last fall, oil refineries were slow to ease production. Now they're overcompensating with production cuts to recover... More »

MORE ABOUT:
recession • gas prices • oil refineries • fuel costs • oil prices

 Refineries Shut as Omar 
 Nears Virgin Islands 

Hurricane could threaten Puerto Rico as Category 2

Oct 15, 08 3:04 PM CDT
(Newser) - Caribbean oil refineries are under threat from Hurricane Omar, whose 85-mph winds roared through St. Croix today, Bloomberg reports. It could hit the Virgin Islands, home to one of the hemisphere's largest refineries, as a Category 2 storm tomorrow. Puerto Rico may be in line for 20 inches of rain... More »

MORE ABOUT:
Caribbean • hurricane • Puerto Rico • oil refineries • Virgin Islands • Hurricane Omar

Southeastern Gas Shortage Wreaks Havoc

Lines reach 60 cars after hurricanes
disrupt supplies

Sep 26, 08 9:22 AM CDT
(Newser) - Gas is in short supply throughout the Southeast this week after oil production was hit hard by hurricanes Gustav and Ike, the Washington Post reports. Some didn’t make it to work as gas station lines grew to 60 cars long; half the stations in Atlanta were closed. “I... More »

MORE ABOUT:
energy • Georgia • North Carolina • oil refineries • oil production • gas pipelines • gas stations • gas consumption

Long Lines Await Ike Survivors

'Eye of the aftermath' proves trying for Texas residents in need

Sep 15, 08 2:15 PM CDT
(Newser) - With a short supply of commodities like ice and gasoline forcing Texans trying to recover from Hurricane Ike to wait in hours-long lines, President Bush warned today the storm may put "upward pressure" on US fuel prices. Refineries and oil rigs sustained extensive, though not severe, damage, the Houston ... More »

MORE ABOUT:
Houston • FEMA • gas prices • oil refineries • disaster recovery • oil rig • emergency aid • Hurricane Ike

 Rescuers Struggle 
 to Reach Ike Survivors 

4 dead, 140,000 need help

Sep 14, 08 7:25 AM CDT
(Newser) - Hurricane Ike has weakened to a tropical depression over Arkansas, but rescuers are struggling to reach survivors in the furious storm's path of destruction in Texas, reports CNN. Some 140,000 who stayed home despite evacuation orders are now dealing with massive flooding, wrecked homes and power outages. Nearly 1,... More »

MORE ABOUT:
Rick Perry • rescue • power outage • oil refineries • tropical depression • Hurricane Ike

 Ike Boosts 
 Gas Prices 
 Up to $5 

Prices jump 5 cents nationwide as Gulf shuts down nearly 100% oil production

Sep 14, 08 6:19 AM CDT
(Newser) - Gas prices have shot up an average of 5 cents nationwide in the wake of Hurricane Ike, which has shut down almost 100% of oil and natural gas production in the Gulf Coast region. Gas prices in the Gulf area have risen as high as $5 per gallon, and an... More »

MORE ABOUT:
Texas • gas prices • oil refineries • Gulf Coast • oil production • Hurricane Ike • gas gouging

 Ike Hits Fuel Production, 
 May Cause Shortages 

Experts warn of shortage for 'extended period'

Sep 13, 08 8:45 AM CDT
(Newser) - Hurricane Ike’s assault on the Gulf Coast has closed over 19% of US refinery capacity and may hurt delivery nationwide, Bloomberg reports. At least 13 Texas refineries have shut down operations, which may trigger a gasoline shortage in the southern and eastern US—and it may last a while,... More »

MORE ABOUT:
Texas • gas • oil refineries • Gulf Coast • oil production • Hurricane Ike

 Oil Down Sharply 
 as Gustav Weakens 

With crude at $111 a barrel, analysts surprised at market's tame reaction to threat

Sep 1, 08 5:32 PM CDT
(AP) - Oil prices tumbled to $111 a barrel today as Hurricane Gustav weakened along the Gulf Coast, posing less of a threat than forecast to oil drilling and refining operations. A stronger dollar also contributed to the average retail gas price being down slightly at $3.686 a gallon, the AP... More »

MORE ABOUT:
oil refineries • Gulf Coast • Exxon Mobil • oil prices • Hurricane Gustav

 Gustav Could Reverse
 Welcome Oil Trend

Hurricane, now Category 3, projected to slam into oil platforms, refineries

Aug 30, 08 6:41 PM CDT
(Newser) - Hurricane Gustav is on path to smash into the Gulf Coast's oil-production infrastructure, which could reverse the recent downward trend in gas prices, the San Francisco Chronicle reports. More than a quarter of oil produced in the US comes from the Gulf of Mexico, and producers have already begun... More »

MORE ABOUT:
Louisiana • gas prices • Gulf of Mexico • oil refineries • offshore oil • Hurricane Gustav • oil platform

 Gas Use Hits
 Record Low,
 Prices Still Sky High 

Increasing supply fails to dent price

Jul 10, 08 2:21 AM CDT
(Newser) - Soaring gas prices are changing Americans driving habits, cutting consumption to the lowest levels in five years, reports the Wall Street Journal. Gas consumption dropped by 3.3% to 9.3 million barrels a day compared with last year's Fourth of July holiday. Some 62% of Americans are changing summer... More »

MORE ABOUT:
gas • diesel • gas prices • oil refineries • New York Mercantile Exchange • Energy Information Administration • oil consumption • Schork Group • gas consumption

Storm Warning:
Hurricanes May
Drive Gas to $6

Disruptive Atlantic season could upset already dicey market

Jun 2, 08 12:39 PM CDT
(Newser) - This year’s hurricane season—which started yesterday—could spawn a dozen or more named storms, potentially disrupting flow of gasoline across the nation and pushing gas prices beyond $5 or even $6 a gallon, reports CNNMoney. Traders already appear to be including a hurricane premium of 10 cents per... More »

MORE ABOUT:
Hurricane Katrina • hurricane season • gas prices • oil refineries • oil price • Katrina aftermath

Earnings

Exxon Profits Shoot Up 17%, But Still Miss Target

Rise smallest of the big three oil companies

May 1, 08 8:54 AM CDT
(Newser) - Exxon Mobil’s profits jumped 17% in the first quarter, but still fell short of expectations, Bloomberg reports. Exxon’s number, which was held back by drops in productions and refinery profit margins, looks shabby compared to the world’s other two largest oil companies, which posted 25% and 63%... More »

MORE ABOUT:
ExxonMobil • earnings reports • oil refineries • oil price • oil production • first quarter earnings

BP Strike Shuts Down Top
UK Oil Refinery

London urges drivers not to hoard gas as prices rise

Apr 27, 08 1:27 PM CDT
(Newser) - Britain is facing an oil pinch after workers walked off a Scottish oil refinery today over pension issues, the AP reports. The 48-hour BP strike will halt 700,000 barrels of UK oil a day, nearly one-third of its North Sea supply. But 10 Downing St. is urging drivers not... More »

MORE ABOUT:
oil • BP • strike • oil refineries • labor strike • pipelines

SF Bay Area Businesses Face Penalties for Pollution

Fines would range from $1 to $195K per year

Apr 17, 08 11:32 AM CDT
(Newser) - San Francisco Bay Area businesses could face major fines—the first ever imposed by a local government—based on the amount of climate-changing emissions they produce annually, the New York Times reports. The move, which the Bay Area Air Quality Management District could make official May 21, would skirt plodding... More »

MORE ABOUT:
environment • San Francisco • Bay Area • oil refineries • Shell Oil • air quality

Venezuelan Prez
Threatens to Cut Off US Oil

If Exxon wins court action seeking assets, Chavez vows revenge

Feb 11, 08 3:00 AM CST
(Newser) - Venezuelan President Hugo Chavez is threatening to cut off US oil supplies if Exxon Mobil wins a court ruling to seize billions of dollars in Venezuelan assets, AP reports. The Texas-based oil giant has challenged Venezuela’s efforts to nationalize a multi-billion-dollar oil project, and the fiery leader promised an... More »

MORE ABOUT:
oil • Venezuela • Chevron • ConocoPhillips • ExxonMobil • oil refineries • oil price • Hugo Chávez • oil company nationalization • Petroleos de Venezuela SA • George W. Bush

Demand for Oil May Pass Output by 2012 

Experts see prolonged crisis as producers max out pumping ability

Nov 19, 07 10:07 AM CST
(Newser) - Production limits, not supply, could prompt an oil crisis in less than a decade as efforts to reduce demand and introduce alternative fuels trail growth in the world’s oil needs, the Journal reports. Oil companies currently produce 85 million barrels daily; some experts say they'll hit a wall at... More »

MORE ABOUT:
Exxon • solar energy • oil refineries • oil production • IEA • oil supply

China Hikes Domestic Oil Prices 10%

Move to lower demand spurs crude prices to record highs

Nov 1, 07 9:38 AM CDT
(Newser) - China raised its domestic oil prices 10% yesterday, one of the key factors in crude’s surge to over $95 per barrel. The move was actually designed to decrease global oil prices, the Wall Street Journal explains, by lowering demand. But Chinese refineries, usually stuck with low government-set prices for... More »

MORE ABOUT:
China • PetroChina • gas prices • oil refineries • oil price • crude oil

BP Pleads Guilty in '05 Texas Blast, Settles Price-Fixing Suit

Struggling oil company also faces civil actions

Oct 24, 07 5:26 AM CDT
(Newser) - BP has agreed to plead guilty to criminal charges and pay a fine in a 2005 Texas refinery explosion that killed 15 and injured 180, the Houston Chronicle reports. It's a tough moment for London's oil colossus, as the Washington Post reports that it simultaneously settled a $303 million price-fixing... More »

MORE ABOUT:
oil • Texas • BP • oil refineries

US Gas Supplies Hit 2-Year Low

Drop coincides with end of summer vacation season

Sep 6, 07 6:00 PM CDT
(Newser) - The nation's gas inventory slipped last week to its lowest level since Hurricane Katrina decimated stockpiles 2 years ago, but officials aren't worried. "We're at the end of the summer and demand should start declining over the next several weeks," one analyst told Reuters. The current supply is... More »

MORE ABOUT:
gas • energy prices • gas prices • oil refineries

20 Stories


from our news partners