Shell, Saudi Aramco Split Assets, Including Big Texas RefineryRoyal Dutch Shell PLC and Saudi Arabian Oil Co. will split up the assets of their joint U.S. venture, which will see the kingdom's state-owned producer take full ownership of America's biggest oil refinery.
Texas In Line With Nation As Retail Gasoline Prices Go Up This WeekTexas and nationwide retail gasoline prices are up this week. AAA Texas on Thursday reported the statewide average rose 3 cents to reach $1.97 per gallon.
US Running Out Of Room To Store Oil; Price Collapse Next?The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months.
BP Agrees To Pay $13M For Texas Refinery PenaltiesOil giant BP has agreed to pay $13 million to settle charges of failing to fix safety violations at its Texas City oil refinery after a 2005 explosion killed 15 workers.
Texas Accuses BP Of Poorly Operating Its Refinery