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The company said in a statement the plant — built in partnership with Mexico’s Idesa — is the largest-ever greenfield investment ever made by a Brazilian firm abroad. more »

Jun 27, 2016 2:28 PM Downstream

A leak at a pipeline storage facility in Mont Belvieu, Texas, owned by LyondellBasell on Sunday prompted evacuations. more »

Jun 27, 2016 10:06 AM Emergency Response & Fire Rescue/Security

Western Refining — previously a 38% owner of Northern Tier — agreed in December to buy all of Northern Tier’s outstanding shares. more »

Jun 24, 2016 4:52 PM M&A/Investment Banking Articles

Philadelphia Energy Solutions (PES) has put its 330,000-barrel-per-day refining complex up for sale, Reuters reports. more »

Jun 24, 2016 10:31 AM M&A/Investment Banking Articles

A new survey by PricewaterhouseCoopers reveals 72% of major U.S. corporations who have bought renewable energy capacity plan to do so again within the next 18 months. more »

Jun 24, 2016 9:43 AM Renewables

A pipeline owned by Crimson Pipeline spilled 700 barrels of crude oil in Ventura County, California, today. more »

Jun 23, 2016 2:13 PM Pipeline/Transportation