An investor in NYSE:WNR shares filed a lawsuit against the takeover of Western Refining, Inc. by Tesoro Corporation for a value of approximately $37.50 per share. Investors who purchased shares of Western Refining, Inc. (NYSE:WNR) and currently hold any of those NYSE:WNR shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or […]
Cepsa replaces exploration by refining to save its financial results
Cepsa, the Spanish Petroleum Company, is undergoing major changes. As previously reported by Hispanidad, Khadem Al Qubaisi, the current Managing Director, will be replaced by Suhail Al Mazrouei during the next board meeting in June. Be that as it may, Al Qubaisi is stepping down in the best way possible, after ensuring a 163 […]
India Has Emerged As A Modern Refining Hub: Dharmendra Pradhan
Union Petroleum Minister Visits Mexico Mexico (PIB-GR-TYP-BIN): The Minister of State for Petroleum & Natural Gas Mr. Dharmendra Pradhan said that Indian companies are willing to participate in the exploration and production activities in Mexico including in deep water and unconventional resources. He also highlighted the fact that India has emerged as a modern refining hub […]
RIL Gets Refining and Energy Company Award For 2013
Reliance Industries Limited (RIL) led by Mukesh Ambani has been conferred the prestigious “International Refiner of the Year “2013 by HART Energy. The award was given in 27th World Refining & Fuel Conference held in San Antanio, Texas, USA. RIL had won this award previously in 2005. It is the only Asian Company who has […]
Steady growth in refining process propels RIL’s highest ever quarterly financial performance
<p>Reliance Industries Limited (RIL), India’s largest private sector enterprise owned and headed by Mukesh Ambani, recorded the highest ever quarterly financial performance results for the quarter ending 30th June, credited majorly to the surge in its refining process. Despite slight falling in oil and gas production and petrochemicals quarter, earnings from its refining business helped […]
Hurricane Gustav’s threat to the Gulf Coast halted about 15 percent of U.S. refining capacity
about 2.4 million barrels of refining capacity have been halted, roughly 15 percent of the nation’s total, according to figures from Platts, the energy information arm of McGraw-Hill Cos. The U.S. Gulf Coast is home to nearly half the nation’s refining capacity. "Fifteen percent looks small, but the impact is larger than meets the eye," […]
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