Month: March 2009

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United Steelworkers union members at Sunoco Inc.’s Marcus Hook refinery in Pennsylvania ratified a three-year contract, which includes wages and benefits from the national oil bargaining pattern, Lynne Baker, a union spokeswoman, said in an e-mail.

Congratulations goes to the Marathon gasoline station at Lake Michigan Drive and Wilson Ave. in

…but please lower your prices until you need to buy that more expensive gasoline! Folks-

PetroChina said it had received government permission to build a new refinery in southern China to process heavy crude oil from Venezuela.The joint PetroChina and Venezuelan project will result in a refinery that can process 200,000 barrels per day, El Universal reported Friday.General Manager Jiang Jiemin of PetroChina’s parent company China National Petroleum Corp., said PetroChina would own …

MEXICO CITY -(Dow Jones)- Mexican mining and metals concern Industrias Penoles SAB (PE&OLES.MX) said Friday it has declared force majeure on contractual commitments as a strike at its silver and lead refinery continues into its second month.