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Philadelphia Energy Solutions

A U.S. bankruptcy judge approved Philadelphia Energy Solutions’ plan for Chapter 11 bankruptcy in a Delaware court on Monday, clearing the path for the largest and oldest refinery on the U.S. East Coast to begin its latest recovery. more

Refining/Petrochemical

Philadelphia Energy Solutions

REUTERS

Philadelphia Energy Solutions LLC, the owner of the largest U.S. East Coast oil refining complex, announced to its employees on Sunday that it plans to file for Chapter 11 bankruptcy. more

Refining/Petrochemical

U.S. Senator Ted Cruz wants to place a cap of 10 cents each on renewable fuel credits - a fraction of their current value - to help U.S. refiners cope with the nation’s biofuels policy, according to a document viewed by Reuters on Thursday. more

Refining/Petrochemical

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