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Processing 2000 P3

  • Wed May 10 00:05:00 CDT 2000 -- Processing news briefs, May 10
    Petroleos de Venezuela SA ... Technip SA ... Japan Polyolefins Co. ... Showa Denko ... Nippon Petrochemicals
  • Wed May 10 13:05:00 CDT 2000 -- Jacobs Engineering to acquire Stone & Webster
    Jacobs Engineering Group Inc., Pasadena, Calif., and Stone & Webster Inc., Boston, have signed a letter of intent for Jacobs to acquire Stone & Webster's assets and contracts. The news comes after Stone & Webster revealed it will file petition for reorganization under Chapter 11 of the US Bankruptcy Code.
  • Fri May 12 00:05:00 CDT 2000 -- Refining survivors of regulatory juggernaut to enjoy strong market
    There is a rough row to hoe coming up for US refiners on the environmental regulatory front, but the survivors likely will enjoy the benefits of a tighter market--namely higher margins.
  • Fri May 12 17:05:00 CDT 2000 -- Processing news briefs�May 12
    Canadian Petroleum Producers Group ... TotalFinaElf SA
  • Mon May 15 00:05:00 CDT 2000 -- General Interest news briefs�May 15
    UK Health & Safety Commission � Southern Energy Inc.
  • Mon May 15 16:05:00 CDT 2000 -- Petroplus closes Cressier refinery acquisition
    Petroplus International NV, Amsterdam, on Monday said it completed its acquisition of Royal Dutch/Shell Group's Cressier refinery and associated assets in Switzerland. The deal will double Petroplus' refining capacity, significantly increase marketing volumes, and add up to 875,000 cu m of additional nonrefinery storage capacity.
  • Tue May 16 00:05:00 CDT 2000 -- Texas to scrutinize polyethylene pipe use
    The Texas Railroad Commission is expected to consider whether it should change its rules for installation of polyethylene pipe. TRC Chairman Michael Williams said TRC should consider if it needs to change the qualifications of polyethylene pipe installers and collect data on manufacturers, installation dates, pipeline dimensions, and pipe batches.
  • Tue May 16 00:05:00 CDT 2000 -- General Interest news briefs, May 16
    Saudi Ministry of Industry and Electricity ... Asea Brown Boveri ... Conoco Ltd. ... Kwikpower International
  • Tue May 16 00:05:00 CDT 2000 -- Processing news briefs, May 16
    Petrogal ... Technip SA ... BASF Sonatrach PropanChem SA ... Lurgi AG ... UOP LLC ... Petroleos Mexicanos SA � Rotork Controls Ltd. � Saudi Basic Industries Corp. ... Thai Fertilizer Marketing Co. ... Chia Tai Co. ... Pakistan's Ibrahim Fibres Ltd. ... Lurgi Zimmer AG
  • Thu May 18 00:05:00 CDT 2000 -- Phillips, Marathon Ashland ink S Zorb licensing deal
    Phillips Petroleum Co. has signed a field licensing agreement with Marathon Ashland Petroleum LLC to design and install Phillips�s S Zorb sulfur removal technology (S Zorb SRT) at Marathon Ashland�s refineries. S Zorb SRT is a new technology that lowers sulfur content in gasoline blending streams.
  • Thu May 18 12:05:00 CDT 2000 -- Conoco to launch carbon fibers venture
    Houston-based Conoco Inc. on Wednesday said it is reaching outside traditional energy markets with the creation of a new venture to market carbon fibers. Conoco is building a new facility in Ponca City, Okla., set to come on line late in 2001, where it will produce a pitch-based carbon fiber.
  • Fri May 19 00:05:00 CDT 2000 -- Processing news briefs, May 19
    Nova Chemicals Corp. ... China Petrochemical Development Corp. ... Formosa Petrochemical Corp. ... Shell Chemicals UK ... Foster Wheeler Energy Ltd.
  • Fri May 19 10:05:00 CDT 2000 -- Shell to build ethers plant in the Netherlands
    Royal Dutch/Shell Group said May 18 that construction has begun on a 100,000 tonne/year propylene oxide glycol ether plant at Pernis, The Netherlands. The plant will manufacture propylene glycol monomethyl ether, dipropylene glycol monomethyl ether, and propylene glycol monoethyl ether, some of which will be esterified to form acetates. The plant should come on stream at the end of 2001.
  • Sun May 21 23:05:00 CDT 2000 -- Thai petroleum demand sees strong rise in first quarter
    Thailand's petroleum consumption rose 3.2% to 906,300 boe/d in the first quarter of this year, excluding what was used by the petrochemical sector. While usage of refined products slipped 0.4% to 628,500 b/d, consumption of natural gas surged 12.2% to 277,800 boe/d, according to figures from the Petroleum Authority of Thailand.
  • Mon May 22 00:05:00 CDT 2000 -- Processing news briefs, May 21
    Royal Dutch/Shell repairs Godorf refinery; Wesfarmers Energy Pty. Ltd. plans LPG plant expansion.
  • Mon May 22 00:05:00 CDT 2000 -- Canada to relax ownership limits for Petro-Canada
    Canada's government plans to ease foreign and individual ownership limits for Calgary-based Petro-Canada, Canada�s one-time national oil company. Natural Resources Minister Ralph Goodale said amendments to the Petro-Canada Public Participation Act will eliminate a 25% restriction on foreign ownership and increase the limit on individual ownership to 20% from 10%.
  • Mon May 22 11:05:00 CDT 2000 -- Qatar to sell only unleaded gasoline
    Gasoline stations in Qatar will sell only unleaded gasoline after June 1, making Qatar the first Middle Eastern country to achieve this goal, according to the National Oil Distribution Co., a subsidiary of Qatar General Petroleum Corp. Prices will not be affected by the change, the company said.
  • Mon May 22 16:05:00 CDT 2000 -- PTT considers fast-tracking gas processing project
    Petroleum Authority of Thailand is considering whether to build a sixth natural gas processing plant and whether it should fast-track the project. The project would cost an estimated $263 million. A feasibility study will not be completed until yearend, but a company official said the plant could be commissioned within 4 years.
  • Mon May 22 18:05:00 CDT 2000 -- Mexico awards IPP permit to Mitsubishi, EdF
    Mexico's Comisi�n Reguladora de Energia has awarded a 27-year independent power producer permit to Electricidad Aguila de Altamira, a joint venture of Japan's Mitsubishi Corp. and Electricit�e France. The $254 million project is expected to be completed in 2002.
  • Mon May 22 20:05:00 CDT 2000 -- Ultramar Diamond Shamrock completes pipeline, reopens terminal
    Ultramar Diamond Shamrock Corp., San Antonio, has completed its Colorado Springs pipeline expansion project and reopened its Arkansas City, Kan., asphalt terminal. The increased throughput capacity will allow UDS greater access to the growing and sometimes-tight Denver and Rocky Mountain gasoline and diesel markets from its 165,000 b/d McKee refinery.

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