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Hedge Funds Investing in Refineries Spurred by Fracking: Energy - BusinessWeek

Hedge Funds Investing in Refineries Spurred by Fracking: Energy
BusinessWeek
3 (Bloomberg) -- Hedge funds have invested a record $6.5 billion in US petroleum refiners, expecting profit to jump as companies shut aging plants and acquire cheaper supplies of North American crude from burgeoning shale-oil wells.

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Exxon selling Japan unit for $3.9B to cut refining - My West Texas

Financial Times

Exxon selling Japan unit for $3.9B to cut refining
My West Texas
By Malcolm Foster AP TOKYO -- Exxon Mobil Corp. is selling its Japanese refining and marketing business to partner TonenGeneral Sekiyu KK in a $3.9 billion deal that reflects a long-term decline in Japan's demand for fuel and a global strategy to ...
ExxonMobil earnings hit by refining declineFinancial Times
Exxon Mobil feels the weight of its refineriesMarketWatch
Exxon Mobil Sells Japanese Refining Company for $3.9 BillionOilPrice.com
Investor's Business Daily
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Refiners, Union Reach Deal - Wall Street Journal

abc13.com

Refiners, Union Reach Deal
Wall Street Journal
By BEN LEFEBVRE HOUSTON—US refiners and the United Steelworkers came to a tentative agreement on contracts hours before deadline Tuesday evening, averting a strike that could have brought a large chunk of refining capacity offline.
US Refiners, Oil Workers Avert Strike With Tentative ContractBusinessWeek
US refiners reach deal with union workers to avert strikeReuters
Exxon, Valero Receive Union Strike Notices for RefineriesBloomberg
Salt Lake Tribune -Chicago Tribune -Reuters Africa
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Hedge funds invest in refineries spurred by fracking - The News Journal

Hedge funds invest in refineries spurred by fracking
The News Journal
Hedge funds have invested a record $6.5 billion in US petroleum refiners, expecting profit to jump as companies shut aging plants and acquire cheaper supplies of North American crude from burgeoning shale-oil wells. Barry Rosenstein's Jana Partners LLC ...


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US Refinery Status: BP Shuts Whiting FCCU Unplanned - Wall Street Journal

Chicago Tribune

US Refinery Status: BP Shuts Whiting FCCU Unplanned
Wall Street Journal
The following table lists unplanned and planned production outages at US refineries as reported by Dow Jones Newswires. The information is compiled from both official and unofficial refining sources and doesn't purport to be a comprehensive list.
US Refinery Status: BP Shuts Whiting FCCU -2-NASDAQ
US Cash Products-Midwest gas rallies on refinery problemReuters Africa

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Elsenhans Leaves Sunoco Shedding Refineries for Pipelines - Bloomberg

Philadelphia Inquirer

Elsenhans Leaves Sunoco Shedding Refineries for Pipelines
Bloomberg
She fired workers, sold or idled all five of the company's refineries and spun off business units that incurred more than $1.2 billion in losses on her watch. “Lynn set out to leave behind refining, and that's apparently what the Sunoco board blessed,” ...
The Heron's Nest: Sun sets on the HookDelaware County Daily Times
After remaking Sunoco, CEO stepping downPhiladelphia Inquirer
Sunoco Up after CEO is ReplacedFyxnews
6abc.com -Convenience Store Decisions
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