General Interest news briefs, May 16

Saudi Arabia has begun constructing a $1.7 billion gas-fired power generation plant at Al Shuaiba, 150 km south of Jeddah. The Saudi Press Agency reported that the three-phase plant, due to be completed by 2002, will produce 4,000 Mw of electric power to supply Mecca province, where power needs are growing rapidly. Asea Brown Boveri of Switzerland and local companies reportedly provided $1.5 billion in loans to finance a seawater cooling system for the plant. Other domestic and Japanese firms provided capital for additional works. The project is part of Saudi Arabia's second long-term plan, which covers 1996-2016.

Conoco Ltd., the UK refining and marketing subsidiary of Houston-based Conoco Inc., said it signed a joint business development agreement with US-based Kwikpower International to evaluate and develop Kwikpower's proprietary fuel technologies. The companies seek to commercialize Kwikpower's proprietary products and processes, including gasoline and diesel formulations that incorporate renewable fuel components, fuel stabilization technology, and a process for converting waste lubricating oils to high-quality diesel and fuel oils.

Related Articles

Court approves ExxonMobil’s environmental settlement with New Jersey

08/26/2015 A New Jersey Superior Court judge approved a $225-million environmental settlement between the state and ExxonMobil Corp. to resolve environmental ...

BP restarts crude unit at Whiting refinery

08/25/2015 BP PLC has restarted the largest of three crude distillation units (CDUs) at its 413,000-b/d refinery in Whiting, Ind., following the unit’s unplan...

Unit remains shuttered at Shell’s Pulau Bukom complex

08/25/2015 An investigation remains under way into a fire that broke out at an unidentified unit of Royal Dutch Shell PLC’s Pulau Bukom manufacturing site on ...

WoodMac: ‘Decade-long’ global gasoline surplus possible for refiners

08/24/2015 The global oil product market could experience a surplus of gasoline supply as early as 2017, according to the latest long-term oil product market ...

US House leaders press BP for answers on Whiting refinery outage

08/24/2015 Leaders in the US House of Representatives are demanding answers from BP PLC regarding the early August unplanned and still ongoing shutdown of a m...

Pennsylvania's governor issues crude-by-rail study he commissioned

08/24/2015 Pennsylvania Gov. Tom Wolf (D) issued a study he commissioned in late April of issues stemming from the growing number of crude oil shipments by ra...

Low oil prices slam second-quarter earnings

08/24/2015 The long decline in crude oil prices continued to slam North American oil companies' second-quarter upstream earnings, which were partly offset by ...

OGJ Newsletter


International news for oil and gas professionals

Fire hits PBF Energy’s Delaware refinery

08/21/2015 PBF Energy Inc., Parsippany, NJ, is running its 190,000-b/sd refinery in Delaware City, Del., at reduced rates following a fire that broke out in t...
White Papers

Definitive Guide to Cybersecurity for the Oil & Gas Industry

In the Oil and Gas industry, there is no single adversary and no single threat to the information tech...

UAS Integration for Infrastructure: More than Just Flying

Oil and gas companies recognize the benefits that the use of drones or unmanned aerial systems (UAS) c...

Solutions to Financial Distress Resulting from a Weak Oil and Gas Price Environment

The oil and gas industry is in the midst of a prolonged worldwide downturn in commodity prices. While ...
Sponsored by

2015 Global Engineering Information Management Solutions Competitive Strategy Innovation and Leadership Award

The Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global...
Sponsored by

Three Tips to Improve Safety in the Oil Field

Working oil fields will always be tough work with inherent risks. There’s no getting around that. Ther...
Sponsored by

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by
Available Webcasts

Better Data, Better Analytics, Better Decisions

When Tue, Oct 27, 2015

The Oil & Gas industry has large amounts of data stored in multiple systems which are purpose built for certain tasks. However, good decisions require insights based upon the data in all of these systems. These systems in turn do not talk to each other. So the process of analyzing data, gaining insights, and making decisions is a slow one and often a flawed one. Good decisions require accurate analytics and accurate analytics require superior/sustainable data quality and governance. This webinar focuses on:

  • The importance of data quality and governance
  • How technological advances are making data quality and governance sustainable in order to get the accurate analytics to make solid decisions.

Please join us for this webcast sponsored by Seven Lakes Technologies and Noah Consulting.


Operating a Sustainable Oil & Gas Supply Chain in North America

When Tue, Oct 20, 2015

Short lead times and unpredictable conditions in the Oil & Gas industry can create costly challenges in supply chains. By implementing a LEAN culture of continuous improvement you can eliminate waste, increase productivity and gain end-to-end visibility leading to a sustainable and well-oiled supply chain.

Please join us for this webcast sponsored by Ryder System, Inc.


On Demand

Leveraging technology to improve safety & reliability

Tue, Sep 22, 2015

Attend this informative webinar to learn more about how to leverage technology to meet the new OSHA standards and protect your employees from the hazards of arc flash explosions.


The Resilient Oilfield in the Internet of Things World

Tue, Sep 22, 2015

As we hear about the hype surrounding the Internet of Things, the oil and gas industry is questioning what is different than what is already being done. What is new?  Using sensors and connecting devices is nothing new to our mode of business and in many ways the industry exemplifies many principles of an industrial internet of things. How does the Internet of Things impact the oil and gas industry?

Prolific instrumentation and automation digitized the industry and has changed the approach to business models calling for a systems led approach.  Resilient Systems have the ability to adapt to changing circumstances while maintaining their central purpose.  A resilient system, such as Maximo, allows an asset intensive organization to leverage connected devices by merging real-time asset information with other critical asset information and using that information to create a more agile organization.  

Join this webcast, sponsored by IBM, to learn how about Internet of Things capabilities and resilient systems are impacting the landscape of the oil and gas industry.


Emerson Micro Motion Videos

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected