Processing 2001 P

07/31/2001 -- Solutia, JLM Industries drop plans for benzene-to-phenol plant
Solutia Inc., St. Louis, Mo., and JLM Industries Inc., Tampa, Fla., agreed to end an agreement to build a benzene-to-phenol plant at Solutia's Pensacola, Fla., facility. The companies agreed to terminate the planned project because of "current dynamics in the global market for phenol."
07/30/2001 -- Duke unit seeks FERC approval of $289 million Patriot project
A unit of Duke Energy Inc. Monday said it filed plans with federal regulators to build the $289 million Patriot extension and an expansion of an existing pipeline that will bring gas to parts of southeast Virginia for the first time. Seven natural gas shippers, representing electric power generators, marketers, and local distribution companies, committed to 87%, or 446 MMcfd, of delivery capacity under long-term contracts.
07/26/2001 -- Chemical safety board investigates Motiva refinery accident in Delaware
The US Chemical Safety and Hazard Investigation Board Wednesday dispatched a team to investigate the failure of a storage tank containing spent sulfuric acid at Motiva Enterprises LLC's Delaware City, Del., refinery.
07/25/2001 -- Union of Concerned Scientists sees California gasoline shortage next year
The Union of Concerned Scientists said Tuesday that California is headed for a gasoline crisis as early as next spring. In a report, UCS said that despite the recent drop in prices at the pump, California should begin reducing gasoline demand or it may face shortages and price shocks.
07/25/2001 -- Texaco says quarterly earnings top $800 million again
Texaco Inc. reported second quarter 2001 income before special items of $817 million and net income of $784 million. It said it still expects to complete a merger with Chevron Corp. within the planned 12-month time frame.
07/25/2001 -- Petro-Canada says tax cuts help push second quarter earnings to record
Petro-Canada, Calgary, achieved best-ever second quarter earnings this year, in part because of a reduction in tax rates in Ontario and Alberta. Net earnings in the second quarter were $326 million (Can.), up from second quarter 2000 net earnings of $259 million.
07/23/2001 -- Sinopec Yanhua to complete ethylene expansion in October
Sinopec Beijing Yanhua Petrochemical Corp., an affiliate of China Petroleum & Chemical Corp., plans to complete a 250,000 b/d expansion to its ethylene capacity by early October.
07/23/2001 -- North West Shelf venture awards civil engineering contract for Burrup plant
The partners in the North West Shelf Venture of Australia have awarded Australian construction and engineering company Thiess Pty. Ltd. a $20 million (Aus.) civil engineering contract for the fourth liquefied natural gas train at the LNG plant on the Burrup Peninsula.
07/20/2001 -- Acid leak ended at Motiva's Delaware refinery, cleanup continues
A sulfuric acid spill is no longer leaking through the cement containment around damaged storage tanks at the Motiva Enterprises LLC refinery in Delaware City, Del., officials said Friday.
07/20/2001 -- New Power files PJM complaint with federal regulators
Rules ensuring reliable electricity service in Pennsylvania, New Jersey, and Maryland discriminate against new market entrants in the region, electricity marketer New Power Co. said in a complaint filed with federal regulators.
07/20/2001 -- UDS still evaluating damage to refinery in Three Rivers, Tex.
Ultramar Diamond Shamrock Corp. said Thursday it was continuing to evaluate the damage to its 98,000-b/d refinery at Three Rivers, Tex. A fire damaged the 7,000-b/d alkylation unit July 9 and injured three persons. The refinery has been closed since.
07/19/2001 -- Occidental Petroleum reports second quarter earnings of $473 million
Occidental Petroleum Corp., Los Angeles, said net income for the second quarter was $473 million, up 17% from second quarter 2000 net income. Sales for the period totaled $3.8 billion, up 19% from the same quarter a year ago. Earnings before special items were $466 million, up 34% from second quarter 2000.
07/19/2001 -- Emergency teams battle acid spill at Motiva's Delaware refinery
Emergency teams at a Delaware refinery were still struggling Thursday to contain, control, and neutralize a sulfuric acid spill to reach the area where they can begin searching for a worker who's been missing for 2 days.
07/19/2001 -- Kuwait to build two petrochemical plants, spending $3.4 billion
Kuwaiti oil minister Adel K. Al-Sabeeh said Wednesday that his country planned to build two petrochemical plants by the end of 2005 at a total cost of $3.4 billion. A foreign partner would invest in the plant, he said, but did not disclose the company.
07/18/2001 -- Workers contain acid spill at Delaware refinery
Workers Wednesday used soda ash injections in an effort to neutralize a sulfuric acid spill resulting from a storage tank fire Tuesday afternoon at the 152,000-b/d Motiva Enterprises LLC refinery in Delaware City, Del.
07/18/2001 -- API says slowing US economy trimmed products demand in first half
Growth in petroleum products deliveries increased only 1.3% in the first half, reflecting the weakness of the US economy, the American Petroleum Institute said Wednesday. It blamed sharply higher springtime gasoline retail prices and slower national economic growth.
07/17/2001 -- Texas Petrochemicals boosts butadiene capacity
Texas Petrochemicals LP, Houston, said it has completed modifications to its butadiene extraction systems that have boosted production capacity by 33% to 1.2 billion lb/year. It did not reveal the cost of the modifications.
07/17/2001 -- Air Products to supply recovery system to Texas polyethylene plant
Chevron Phillips Chemical Co., in partnership with Solvay Polymers Inc., selected Air Products & Chemicals Inc. of Lehigh Valley, Pa., to supply a hydrocarbon and nitrogen recovery system for a new polyethylene plant, officials said Tuesday.
07/17/2001 -- Sterling Chemicals files Chapter 11
Sterling Chemicals Holdings Inc. and Sterling Chemicals Inc., Houston, voluntarily filed for Chapter 11 protection for most of the holding company's US operations Monday in US Bankruptcy Court for the Southern District of Texas.
07/17/2001 -- Tesoro to buy BP refineries in North Dakota, Utah
Tesoro Petroleum Corp. is buying BP PLC's Salt Lake City, Utah, and Mandan, ND, refineries and associated assets for $677 million, excluding working capital. The deal includes associated North Dakota crude and product pipelines, bulk storage, eight product distribution terminals, and 45 retail gasoline stations.

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Processing 2001 P