Oil refinery News

When Tropical Storm Harvey came onshore Wednesday morning, it slowed long enough to devour two more Texas cities, leaving Beaumont and Port Arthur underwater after unleashing over two feet of rain in southeastern Texas.

The companies Halliburton and Microsoft have entered into a partnership which aims to transform the oil industry transform in new ways. At the heart is a new way of information sharing.

Cairo - Expansion to oil refining capacities hit an unforeseen snag, halting an already expensive importing chain responsible for gasoline production. Partially responsible for these snags is an increase in domestic energy needs amidst excruciating heat.

Port Arthur - Workers at the largest oil refinery in the United States joined a growing nationwide strike Saturday when they left their jobs at the Motiva Enterprises LLC facility in Port Arthur, Texas.

A large explosion at the Amuay oil refinery in Venezuela has killed 26 people and injured a further 80. The blast is thought to have been caused by a gas leak.

Richmond - Chevron's Richmond, California oil refinery erupted in flames yesterday. The fire is now contained, but still burning this morning. No injuries have been reported.

London - London and the South East area of the UK face the loss of some 1,000 jobs as well as a shortage of petrol and a rise in fuel prices as Coryton Oil Refinery in Essex faces closure as its parent company, Petroplus, files for insolvency.

Will the refinery fire and other issues have an effect on gas prices?