PetroChina, Venezuela to build refinery (Moldova.org)

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 …

(AFX UK Focus) 2009-03-13 15:43 UPDATE 1-Conoco restarting 139,000 bpd L.A.-area refinery (Interactive Investor)

HOUSTON, March 13 (Reuters) – ConocoPhillips said Friday it was restarting its 139,000 barrel per day Los Angeles-area refinery in Wilmington, California after the plant was shut by a power outage on Wednesday. “The refinery is in restart mode and plans to resume normal operations over the next few days,” Conoco spokesman Bill Stephens said in a statement. The refinery was safely shut down after …