Industry News

Unions representing workers at BP's Rotterdam refinery said on Saturday they plan to hold talks with management on Monday, in a possible step toward resolving a pay dispute that has left the plant idled for more than a week.

China's Shenzhen Energy Group has signed a long-term agreement with oil major BP to buy liquefied natural gas (LNG), aiming to lock in supplies with gas-fired power generation poised to surge in the world's second-largest economy.

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A fire at a factory in China that killed 38 people, many of them women, was caused by electric welding that flouted regulations, media said on Tuesday.

Exxon Mobil said on Monday that its 390,000 barrel per day (bpd) Fawley oil refinery in southern England is unaffected by strike action.

Workers at BP's Rotterdam refinery, which is currently offline, will not help restart operations unless their wage demands are met, union leaders said on Monday.

LUKOIL Neftochim Burgas, Bulgaria's only oil refinery, may have to shut down if the government does not follow through on plans to allow the Russian-owned business to continue exporting.

US LNG company Freeport LNG said it was targeting a mid-December restart for its Texas export plant, which has been shut for six months after a fire, pending regulatory approval.

U.S. regulators will require a new Clean Air Act permit for a troubled oil refinery in the U.S. Virgin Islands, the EPA said on Thursday.

Italy is urging Lukoil to keep supporting its refinery in Sicily until the government brokers a sale, two sources close to the matter told Reuters on Thursday, as looming European Union sanctions against Moscow threaten the plant's survival.

The second largest crude distillation unit (CDU), a reformer and a lube oil hydrocracker completed restarting and were operating on Thursday at Motiva 626,000 bpd Port Arthur Refinery said people familiar with plant operations.

Exxon said on Wednesday it had isolated a unit at its 270,000 bpd Fawley oil refinery in southern England following an incident that led to gas flaring on Tuesday.

Chevron said fire crews responded to an isolated fire inside its 269,000-barrel-per-day El Segundo refinery in California on Tuesday, with no injuries due to the incident.

The Symrise Chemical Plant on Colonel's Island, outside of Brunswick, Georgia, was rocked by multiple explosions leading to a large fire on Monday.

U.S. oil refiners this quarter will run their plants at breakneck rates, near or above 90% of capacity, as tight fuel supplies spur high profits and operating rates, according to company forecasts and analysts surveyed by Reuters.

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