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Exxon Restarts Key Gasoline Unit After Brief Beaumont Refinery Outage
Yahoo Finance· 2025-10-11 21:00
ExxonMobil has restarted the gasoline-producing fluid catalytic cracking unit (FCCU) at its massive Beaumont, Texas, refinery, two days after an unexpected shutdown temporarily disrupted operations, according to sources familiar with the plant. The 120,000-barrel-per-day FCCU went offline Tuesday night following a malfunction, prompting flaring visible across the refinery complex. The company notified the Texas Commission on Environmental Quality that flaring would continue for roughly 24 hours. Exxon con ...
Sanctions-hit Nayara scrambles to sustain operations, with New Delhi's help
BusinessLine· 2025-10-10 05:01
Since late August, two or three trains of 50 tanker cars have been shipping fuel each day from Nayara Energy's refinery on the coast of western India to inland depots - more than double its previous usage of railways to move diesel and petrol. Shut out of many international markets because of crippling sanctions imposed by the European Union on July 18, the Russian-owned refinery has had to divert more fuel to the domestic market and find new export customers, among numerous workarounds, big and small, for ...
Chevron Battles Back: Restart Efforts Underway at El Segundo Refinery
ZACKS· 2025-10-08 16:07
Key Takeaways CVX is working to restart key El Segundo refinery units after a major fire disrupted output.The refinery's partial shutdown sparked a 33-cent jump in jet fuel prices across Southern California.Investigations are underway as Chevron restores operations and stabilizes regional fuel supplies.Chevron Corporation (CVX) is reportedly working to restart several processing units at its massive El Segundo refinery following a fire that forced partial shutdowns last week. The refinery, located near Los ...
Pemex’s Dos Bocas Turns Into Mexico’s Refinery Nightmare
Yahoo Finance· 2025-10-04 23:00
Such disruptions reflect a broader structural problem. Southeastern Mexico’s power grid is prone to instability, with long transmission corridors, limited redundancy, and high exposure to severe weather. Outages throughout the Yucatan Peninsula in May 2024 and September 2025 underscored the fragility of the system, leaving facilities such as Dos Bocas vulnerable to cascading failures. For a refinery of this scale, the lack of reliable power supply represents a critical operational risk.Yet the reality of op ...
Ukraine Claims New Strike on Major Russia Oil-Export Refinery
MINT· 2025-10-04 11:33
(Bloomberg) -- Ukraine said it attacked the Kirishi oil refinery, known as Kinef, in Russia’s Leningrad region overnight, the second time in a month as Kyiv continues pressure on Russian energy facilities. “The Defense Forces of Ukraine delivered a strike at” the refinery leading to explosions and fire, Ukraine’s General Staff said on social media. “Results of the strike are being checked.” Ukraine’s claim could not be independently verified. The refinery is owned by Surgutneftegas and is one of Russia ...
Fire Shuts Chevron Refinery Units Near LA as Fuel Crunch Looms
MINT· 2025-10-03 18:20
(Bloomberg) -- Chevron Corp.’s El Segundo refinery in Los Angeles County has shut multiple units as it continues battling a fire that broke out last night, the latest threat to fuel supplies in a state that’s already bracing for shortfalls. Firefighters responded after reports of an explosion at the El Segundo operation, south of Los Angeles airport, on Thursday evening local time. “The fire originated at a process unit at the southeast corner of the refinery,” said Becky Robinson, a spokesperson for the ...
Here's How You Can Earn $100 In Passive Income By Investing In Cummins Stock
Yahoo Finance· 2025-10-02 12:00
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Cummins Inc. (NYSE:CMI) is a global leader in the power technology sector, designing, manufacturing, distributing, and servicing a wide range of power solutions, including diesel, natural gas, electric, and hybrid powertrains. It will report its Q3 2025 earnings on Nov. 4. Wall Street analysts expect the company to post EPS of $4.84, down from $5.60 in the prior-year period. According to data from Benzinga ...
U.S. Government Shutdown Leaves Energy Markets on Edge
Yahoo Finance· 2025-10-01 05:30
The U.S. government has now officially shut down after Republicans and Democrats failed to come to an agreement on a stopgap bill to fund operations. The impact of this shutdown will not stop at furloughed staff or shuttered museums. In energy, a shutdown lands with real force. It deprives markets of the official data that guide trading, erodes confidence in demand signals, lifts financing costs, and slows permits for the projects that underpin future supply. Oil, gas, and power don’t stop moving, but the ...
Oil Drops in Choppy Trade as OPEC+ Signals Faster Output Hikes
Yahoo Finance· 2025-09-30 19:36
Oil slipped in a choppy day of trading as OPEC+ considers boosting the pace of future output hikes. West Texas Intermediate fell 1.7% to settle near $62 a barrel. The OPEC+ alliance meets on Sunday and is considering stepping up supply increases. The group will discuss potentially lifting output by 500,000 barrels a day per month over a three-month period, a delegate said. Most Read from Bloomberg OPEC+ would be adding barrels to a market that major forecasters say doesn’t need them. The International ...
X @Bloomberg
Bloomberg· 2025-09-30 13:42
Russia banned diesel exports for some companies and extended restrictions for gasoline sales abroad as Ukrainian drone strikes disrupt nation’s refinery runs https://t.co/1l6RHGZR1P ...