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Crude oil

Tesoro announces North Dakota expansion

Tesoro Corporation plans to expand the crude oil throughput capacity at its Mandan, North Dakota, refinery from 58,000 bpd to 68,000 bpd by the second quarter of 2012, subject to permitting requirements.

Nuclear disaster will shift $200 billion investment to fossil and renewables

In the next five years over $3 trillion will be invested in dynamic segments of the power, energy and water industries. However, forecasts regarding the division of this investment made just months ago are now revised to reflect lower investment in new nuclear power plants and higher investment in alternatives.

Haldor Topsøe's contract with Petróleos de Venezuela, S.A.

Petróleos de Venezuela, S.A. (PDVSA) and the Danish company Haldor Topsøe have signed a contract for the Centro de Refinación Paraguaná Project.

Valero plans to expand crude unit capacity at McKee refinery

Valero Energy Corp. announced plans to expand the crude unit capacity of its McKee refinery by 25,000 bpd.

Update on dire refining situation in Japan

The 8.9 magnitude earthquake that struck Japan on March 11th has caused considerable interruption to oil refinery operations in the country. Hydrocarbon Processing’s Boxscore Database has complied data indicating that with a total of 28 oil refineries, Japan is the second largest refining country after China in the Asia-Pacific region.

Berkshire Hathaway to acquire Lubrizol

Berkshire Hathaway Inc. and The Lubrizol Corp. announced on March 14 a definitive agreement for Berkshire Hathaway to acquire 100% of outstanding Lubrizol shares for $135 per share in an all-cash transaction.

Japan's refining industry partially closed

Chaos continues as bleak news from Japan streams in from devastated areas

Canadian oil association supports oil sands monitoring

The Canadian Association of Petroleum Producers supports a robust environmental monitoring system in the oil sands region of northern Alberta.

Monster quake wreaks havoc on Japan’s refining industry

An 8.9-magintude earthquake caused catastrophic damage to Japan’s northern Pacific coast on March 10.

Oil sands quite an opportunity for Canada and the US

A next generation of oil sands development in Canada is set to emerge amid rising world demand for energy resources, according to Imperial Oil CEO Bruce March. March’s remarks were captured during the annual IHS CERA executive conference in Houston, Texas.