Shares of oil refiner PBF Energy Inc fell more than 10% on Northern California's new air pollution requirement that could possibly shut down the company's Martinez refinery in the state.
Canada published the draft Clean Fuel Standard this month, which is central to the ruling Liberal Party's commitment to cut greenhouse gas emissions 30% below 2005 levels by 2030.
The U.S. Environmental Protection Agency was set to miss a deadline on Monday to announce how much renewable fuel the nation's refiners must blend into their fuel mix next year.
Texas environment regulators should coordinate shutdowns of oil refineries and other petrochemical plants during major storms to avoid big releases of air pollution like during last year's Hurricane Harvey, a report said on Thursday.
A delegation of workers from U.S. oil refining companies that oppose the nation's biofuels policy converged on Washington on Wednesday to lobby lawmakers to find a way to lessen the regulation's costs without hurting corn farmers and makers of the alternative fuels.
