Europe's Oil Refiners Miss Out as Maintenance Season Starts
Around 7 percent of Europe's refining capacity will go off line for maintenance this spring with some plants set to miss out on a rare rally in profit margins prompted by strong oil…
Exxon Shutting FCC at Baytown TX Refinery for Work
Exxon Mobil Corp began shutting down a 125,000 barrels-per-day (bpd) fluid catalytic cracking unit (FCCU) and a 21,000 bpd alkylation unit this week for planned work at its 560,500 bpd refinery in Baytown…
European Refiners Eye Margin Boost from Overseas Rivals
European refiners are to shut 7 percent of their capacity for autumn maintenance, potentially easing a profit-sapping supply glut, but will set their sights on overseas competitors'…
Neste Shuts Porvoo Diesel Production Line
Finnish oil refiner Neste Oil has shut diesel production line 4 at its Porvoo refinery because of an unexpected mechanical failure, dealing a blow to second-quarter results in its oil products business, it said on Monday.
