Latest Oil refinery Stories

WASHINGTON, Nov. 30, 2011 /PRNewswire-USNewswire/ -- A new report that says growing American exports of petroleum fuels may enable the United States to become a net exporter of refined petroleum products this year for the first time since 1949 is good news for our nation, National Petrochemical & Refiners Association President Charles T. Drevna said today. (Logo: <font size="2" face="Arial">http://photos.prnewswire.com/prnh/20110309/MM60639LOGO</font>) According to...

LOS ANGELES, Nov. 29, 2011 /PRNewswire/ -- Cavitation Technologies, Inc. (CTi) (OTCBB: CVAT; Berlin & Stuttgart: WTC) announced today that The Flemish Agency for Innovation by Science and Technology (IWT) awarded a euro 690,000 (US $940,000) research grant to Desmet Ballestra, CTi's strategic partner for the CTI Nano Neutralization(TM) process. The grant is directed toward Desmet Ballestra's ECO-OIL research project focused on the mild refining technique and the assessment of...

Health & Safety to be Number One Issue in National Bargaining Talks WASHINGTON, Nov. 29, 2011 /PRNewswire-USNewswire/ -- United Steelworkers (USW) officials briefed congressional members and staff today about health and safety problems in the oil industry and how they will impact National Oil Bargaining talks which are scheduled to heat up in January. (Logo: http://photos.prnewswire.com/prnh/20080131/DC12982LOGO ) USW Health and Safety Specialist Kim Nibarger outlined...

HAIFA, Israel, November 17, 2011 /PRNewswire/ -- Oil Refineries Ltd. (TASE: ORL.TA) (the "Company"), Israel's largest oil refiner, announced today that it will be releasing its financial results for the third quarter 2011 on Monday, November 21, 2011. The Company will be hosting a conference call the same day, Monday, November 21, 2011, at 14:00 GMT (9:00 EST, 16:00 Israel time). On the call, management will review and discuss the third quarter 2011 financial results...

DALLAS, Nov. 8, 2011 /PRNewswire/ -- HollyFrontier Corporation (NYSE: HFC) ("HollyFrontier" or the "Company") today reported record quarterly net income attributable to HollyFrontier stockholders of $523.1 million or $2.48 per diluted share for the quarter ended September 30, 2011, compared to $51.2 million or $0.48 per diluted share for the quarter ended September 30, 2010. For the nine months ended September 30, 2011, net income attributable to HollyFrontier stockholders totaled $800...

HAIFA, Israel, November 7, 2011 /PRNewswire/ -- Oil Refineries Ltd. (TASE: ORL.TA) (hereinafter "the Company," "ORL"), Israel's largest integrated refining and petrochemical group, announced its decision to convene an Extraordinary General Meeting of its shareholders on December 8, 2011 at 11:00 a.m. at the Company's offices on the 26th floor of the Square Tower in the Azrieli Towers Complex, 132 Menahem Begin Street, Tel Aviv, at which the agenda will include, inter alia,...

DALLAS, Nov. 3, 2011 /PRNewswire/ -- Alon USA Energy, Inc. (NYSE: ALJ) ("Alon") today announced results for the third quarter of 2011. Net income for the third quarter of 2011 was $28.6 million, or $0.51 per share, compared to net loss of $(15.6) million, or $(0.29) per share, for the same period last year. Excluding special items, Alon recorded net income of $39.0 million, or $0.70 per share, for the third quarter of 2011, compared to net loss of $(31.8) million, or $(0.59) per share,...

WICHITA, Kan., Nov. 1, 2011 /PRNewswire/ -- Universal Lubricants-- one of the oldest lubricant manufacturing and distribution companies in the United States-- announced today that it has been certified by Ford Motorcraft's Bulk Oil Inspection and Shell's Distributor Product Quality Assurance Program (DPQA), two of the industry's most stringent national audits for bulk lubricant handling and packaging. (Logo: http://photos.prnewswire.com/prnh/20110314/NY64482LOGO ) "Both Motorcraft's and...

DES PLAINES, Ill., Oct. 13, 2011 /PRNewswire/ -- UOP LLC, a Honeywell (NYSE: HON) company, announced today that it has been selected by Yantai Wanhua Polyurethanes Co., Ltd. to provide technology to produce key petrochemicals to meet growing demand in China. Yantai Wanhua will use Honeywell's UOP process technology, catalysts and adsorbents to produce propylene, a building block for films and packaging, and isobutane, a raw material used in the polyurethane production process, at its...

BEAUMONT, Texas, Sept. 28, 2011 /PRNewswire-USNewswire/ -- Three hundred United Steelworkers (USW) delegates from the oil sector met last week in Dallas to form, debate and adopt the National Oil Bargaining Policy (NOBP) for 2012 negotiations. (Logo: http://photos.prnewswire.com/prnh/20080131/DC12982LOGO) Under the National Oil Bargaining process USW oil units have 45 days to present the program to their members and have them vote on it. A vote for the policy authorizes USW International...