
less than $5 per barrel. Refineries that are located outside the Gulf Coast, such as Sunoco SUN, Tesoro TSO, and Frontier Oil FTO, will profit as well, because higher margins benefit the entire sector. Although crack spreads should recede
(Reuters) - Teck Resources Ltd has agreed to buy SilverBirch Energy Corp for C$435 million ($424.70 million)in cash and stock to take full control of the Frontier oil sands project in northern...
Jan 9 (Reuters) - Diversified miner Teck Resources Ltd said it agreed to buy SilverBirch Energy Corp for cash and stock to strengthen its Frontier oil sands project in north-eastern Alberta.
BP may limit its involvement in so-called frontier oil and gas projects as it tries to rebuild itself after the Gulf of Mexico disaster.
With approval from shareholders earlier this week, the merger between Holly and Frontier should close July 1. As a result, Frontier will delist from the NYSE and Holly will become HollyFrontier, trading under ticker HFC. We are placing both companies under review until we publish a new report and
position as a niche player in mid-continent refining isn't fully reflected in the price. The pending merger with Frontier Oil ( FRO +6.8% ) will only boost its presence in the region. Post your comment!
Frontier Oil is benefiting from a favorable heavy-oil refining environment.
Both Holly HOC and Frontier Oil FTO reported impressive first-quarter results, thanks to strong Mid-Continent margins and wide crude differentials. Holly
NEW YORK, May 5 (Reuters) - Frontier Oil Corp said on Thursday its 52,000 barrel-per-day Cheyenne, Wyoming, refinery will reach full utilization rates this week after completion of the turnaround on an alkylation unit.
NEW YORK, May 5 (Reuters) - Frontier Oil Corp said on Thursday its 52,000 barrels-per-day Cheyenne, Wyoming refinery will reach full utilization rates this week after completion of the turnaround on...