refineries News

Barry to Unleash Life-Threatening Floods in Louisiana

Barry weakened to a tropical depression but was set to cause more life-threatening floods through Monday on its march northward. Dangerous flash floods were likely across parts of central Louisiana into far southwest Mississippi on Monday morning. The storm was …

U.S. Refiners in Path of Storm Barry to Keep Running

HOUSTON/NEW YORK — Most U.S. refiners whose plants are in the path of Tropical Storm Barry took steps on Friday to keep them running, even as forecasters warned that the second named storm of the season could become a hurricane …

Tropical Storm Barry in Gulf of Mexico Barrels Toward Louisiana

Tropical Storm Barry formed in the Gulf of Mexico and could strike Louisiana as a hurricane Saturday, causing almost $1 billion in damage and worsening flooding in New Orleans. The system, which was about 95 miles (153 kilometers) southeast of …

Unceasing Midwest Rains Add to Wettest 12 Months Ever for U.S.

The rain across the Midwest and Great Plains that’s closed refineries, flooded streets and snarled Mississippi River traffic shows no sign of abating, adding to the U.S.’s wettest 12-month stretch on record. Heavy showers will fall from Texas to the …

Trading Houses Caught in Crossfire of Russian Oil Contamination

MOSCOW/LONDON — Trading houses Vitol, Glencore and Trafigura are caught in the crossfire between Russian oil producers and Western buyers, which have refused to take contaminated Russian crude bought by the traders. At least 10 crude tankers with 1 million …

Tainted Oil: Exxon, Others Say U.S. Government Sold Toxic Crude

About the photo: A contractor works at Bryan Mound Strategic Petroleum Reserve in Freeport, Texas. Photographer: Luke Sharrett/Bloomberg Exxon Mobil Corp. is the latest company to raise concerns that a stockpile of U.S. government crude is tainted with poisonous gas. …