Venezuela, Sell Oil
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U.S. refiner Phillips 66 said on Monday it had agreed to acquire the assets and infrastructure of Lindsey Oil Refinery in northern England following the site's liquidation, and will integrate the key facilities into its Humber Refinery.
Chevron, the only U.S. oil company currently active in Venezuela, operates a high-capacity refinery in Pascagoula, Mississippi capable of processing 369,000 barrels per day of heavy crude. Chevron also operates two refineries in El Segundo and Richmond, California configured to process heavy crude oil with capacity of 515,000 barrels per day.
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Phillips 66 to buy Prax Lindsey refinery assets in UK
The US-based petroleum refineries company plans to integrate Prax Lindsey Oil Refinery with its Humber Refinery in the same region.
Phillips 66, which already owns the nearby Humber refinery, says it cannot guarantee how many of the remaining 250-strong workforce will be retained.
The U.S. military’s ouster of Venezuelan President Nicolás Maduro is set to swiftly reroute the country’s oil exports back toward the United States – and away from China. That will give U.S. refiners an immediate boost,
Investment will strengthen the Humber Refinery, boost domestic energy security, ensure continued supply of quality fuels to the UK and help secure UK jobs.
Phillips 66, owner of a century-old oil refinery in Wilmington, plans to shutter the facility, which sits atop decades' worth of waste in the soil and water table. According to current regulations, it's up to the oil company to account for the waste and ...
Japan’s Eneos Holdings Inc is ahead of rival bidders for US heavyweight Chevron Corp’s stake in a Singapore oil refinery, according to people familiar with the matter.
Japan’s Eneos Holdings Inc. is ahead of rival bidders for US heavyweight Chevron Corp.’s stake in a Singapore oil refinery, according to people familiar with the matter.