Processing 2000 P

10/03/2000 -- DOE funding eight transportation fuels research projects
The US Department of Energy has named eight teams of companies to participate in its Ultra-Clean Transportation Fuels Initiative. The program calls for the creation of a new generation of ultra-clean transportation fuels and tailpipe emission controls to meet the anticipated tightening of federal emission standards.
10/03/2000 -- Rentech to apply GTL process to industrial off-gas
Rentech Inc., Denver, said Tuesday it will conduct a feasibility study to apply its patented and proprietary Fischer-Tropsch gas-to-liquids (GTL) process to convert industrial off-gas into sulfur- and aromatic-free GTL products. Rentech said a major chemical company has engaged it to perform the study for at a plant in the US.
10/03/2000 -- Market watch, Oct. 3
Energy futures prices jumped in trading on the New York Mercantile Exchange Monday. Persian Gulf tensions and a hurricane developing in the Gulf of Mexico helped boost prices.
10/02/2000 -- Dynegy, IdaCorp project higher third quarter
Energy marketing is expected to boost earnings at Dynegy Inc. and IdaCorp Inc. the companies reported Monday. DTE Energy Co. said it expects third quarter earnings to be between 75-85�/share, including merger-related costs with MCN Energy Group Inc., for the third quarter ending Sept. 30. Dynegy was trading down 2.23%, DTE was off .38%, and IdaCorp was up .90% in the early afternoon.
09/29/2000 -- Processing news briefs, Sept. 29
TotalFinaElf � US Export-Import Bank � SACE � Taylor-DeJongh � Rio Polimeris � Petrobras
09/29/2000 -- Gov. Bush offers broad energy policy
Texas Gov. George W. Bush, the Republican candidate for the US presidency, Friday proposed more than 20 energy policy initiatives that he said would decrease US dependence on foreign oil imports. Several of the measures were keyed to a proposal to allow exploration on the coastal plain of the Arctic National Wildlife Refuge east of Prudhoe Bay field in Alaska.
09/29/2000 -- US independent refiners enjoying record margins
It's a good time to be an independent refiner in the US—arguably the best in many years for a segment of the industry that has seen more than its share of difficulties in the past couple of decades. At least one analyst expects US refining earnings to more than triple this year vs. last year.
09/28/2000 -- OSHA proposal worries US drilling industry
A proposal by the US Occupational Safety & Health Administration to redefine lower back pain as a compensated injury, rather than a medical symptom, could cost the land drilling industry billions of dollars and might drive some contractors out of business, said a drilling safety officer Wednesday.
09/28/2000 -- US trade commission clears way for Shell, BASF polyolefins merger
The US Federal Trade Commission cleared the way Wednesday for the merger of the polyolefins operations of Royal Dutch/Shell Group and BASF AG that was announced last year.
09/27/2000 -- Electric Power news briefs, September 27
Southern Illinois Power Cooperative ... Foster Wheeler Energy Corp. ... Dynegy Inc. ... The North Carolina Municipal Power Agency ... Westcoast Energy Inc. ... Coastal Corp. ... PT Newmont Nusa Tenggara ... Duke/Fluor Daniel ... Energy Cooperative of New York Inc. ... Waste Management Inc. ... Unitil/Fitchburg Gas & Electric Light Co. ... Endesa SA ... Iberdrola Energ�SA ... OGE Energy Corp. ... Enogex Inc. ... American Electric Power Co. Inc. ... Louisville Gas & Electric Co.
09/27/2000 -- Finance/Companies news briefs, Sept. 27
Bureau Veritas � RINA � Kaneb Pipe Line Partners � Shore Terminals � UN Dollars � Emerald Restoration & Production � Panaco � ABB Lummus Global � Equistar Chemicals � Targor
09/26/2000 -- BP-led joint venture proposes Chinese acetate esters plant
BP said Monday that its Yangtze River Acetyls Co. Ltd. (YARACO) joint venture has submitted a feasibility study to the Chongqing Municipal government for a project to produce acetate esters in China.
09/26/2000 -- UK-UAE joint venture to build Indonesian refineries
A United Arab Emirates-UK venture is planning to build two oil refineries in the Indonesian provinces of Aceh and West Nusa Tenggara with a total investment of $2.8 billion, the Indonesian News Agency has reported.
09/26/2000 -- ExxonMobil announces refinery expansion approval
The Chinese government has approved a proposal to develop a multi-billion dollar refinery expansion and petrochemical complex in Fujian Province, China, said ExxonMobil Corp. officials. The venture will be a partnership between Fujian Petrochemical Co. Ltd. (FPCL), 50%; ExxonMobil, 25%; and Saudi Aramco, 25%.
09/26/2000 -- API says US refineries running at capacity
The American Petroleum Institute said Monday that US refineries are running flat out to ensure that consumers have a readily available heating fuel supply this winter. It said while the Clinton administration's release of crude from the Strategic Petroleum Reserve may reduce crude and product prices somewhat, it will not necessarily add to heating oil production because refiners are operating at near capacity, and their ability to process additional crude is limited.
09/25/2000 -- BP to award $20 million grant to Caltech, UC-Berkeley
BP said it has established a research program at the California Institute of Technology (Caltech) and the University of California at Berkeley (UC-Berkeley) to study the catalytic conversion of methane, the principal component of natural gas, into liquid fuels and chemicals. BP will give the schools $20 million to conduct the 10-year research project.
09/25/2000 -- Saudi Aramco awards $28 million offshore networking contract to General Dynamics
Saudi Aramco has awarded General Dynamics Worldwide Telecommunication Systems�a business unit of Falls Church, Va.-based General Dynamics Corp.�a $27.8 million contract to build a new fiber-optic network connecting its Persian Gulf offshore oil platforms to the mainland.
09/25/2000 -- Sunoco announces maintenance turnarounds for Delaware Valley refinery complex
Sunoco Inc., Philadelphia, Pa., plans to begin routine maintenance Friday on a 93,000 b/d fluid catalytic cracking unit at its Marcus Hook refinery. Other associated processing units at Marcus Hook, including the gas plant, the alkylation unit, and an 85,000 b/d crude unit, will also be shut down for scheduled maintenance, which is expected to take 4 weeks.
09/23/2000 -- Clinton orders 30 million bbl released from SPR
The Clinton Administration said Friday it will release 30 million bbl from the Strategic Petroleum Reserve over 30 days to reduce crude oil prices and increase home heating oil and gasoline stocks. Oil could be taken as Oct. 8 and all 30 million bbl will be released by Nov. 1.
09/22/2000 -- Electric Power news briefs, September 22
South Carolina Electric & Gas Co. ... Innovatec Communications LLC ... Conectiv ... Dayton Power & Light Co. ... Nicor Gas Inc. ... NRG Energy Inc. ... Itiquira Energetica SA ... U.S. Energy Systems Inc. ... Castlebridge Partners LLC ... Utility.com ... New Jersey Sports & Exposition Authority ... NewEnergy ... Niagara Mohawk Power Corp. ... TXU Australia ... Convergent Group ... Florida Power & Light Co. ... Texaco Energy Systems Inc. ... Energy Conversion Devices Inc. .... Illinois Power

Home

General Interest

Exploration & Development

Drilling & Production

Processing

Transportation

Home

2000

Processing 2000 P