Refining

Los Angeles gas prices jumped 17 cents over night on 27 February, the largest overnight spike in two years.

BHP Billiton Sustainable Communities donates AUS$250 000 to the Salvation Army for Cyclone Marcia relief.

The US EIA discusses how the petroleum refinery outages in California are highlighting the markets’ quick price reaction.

Production levels averaged approximately 374 000 bpd and crude oil charges averaged approximately 361 000 bpd in 4Q14.

Western Refining improved the safety and reliability at both the El Paso and Gallup refineries.

Scholars from Brookings have weighed in on the impacts of falling oil prices.

Answering a call from Consumer Watchdog, Senate lawmakers have decided to hold hearings on possible refinery manipulation of gas prices via refinery shutdowns and slowdowns.

Announcements from the global oil and gas sector.

Business Monitor International takes a quick look at oil, gas and petrochemicals in Venezuela.

Business Monitor International takes a brief look at the oil, gas and petrochemicals sector in Russia.

Further oil and gas industry announcements from around the world.

According to BMI, Total's downsizing of its Lindsey refinery will help reduce gasoline oversupply in the UK.

Consumer Watchdog has said that California refinery profits have fattened on 60 cents gas price spike since shutdowns and slowdowns.

Saudi Arabia intends to be the biggest exporter of refined oil products after the US, according to Oil Minister Ali al-Naimi.

Fitch Ratings have said that there is a broad cross sector impact evident in sustained US$50/bbl oil price scenario.