Processing 2001 P

11/12/2001 -- BP brings on stream first unit using proprietary desulfurization technology
BP PLC said the first commercial unit to use its proprietary gasoline desulfurization technology has come on stream. The unit, at the Bayernoil refinery in Neustadt, Bavaria, Germany, has capacity to produce 15,000 b/d of low-sulfur gasoline for use in the German retail market.
11/09/2001 -- UDS says Sahara project has improved fuel quality at Quebec refinery
Ultramar Diamond Shamrock Corp. said Friday its Quebec refinery has met tighter low-sulfur fuel requirements 9 months ahead of the Canadian government's deadline.
11/09/2001 -- Tyumen completes construction of catalytic cracking unit
Tyumen Oil Co. hosted a grand opening ceremony Friday for a $100 million catalytic cracking unit in its Ryazan oil refinery 120 miles southeast of Moscow.
11/07/2001 -- Processing news briefs, Nov. 7
Crown Central Petroleum ... Texas Natural Resource Conservation Commission ... Praxair ... Sunoco ... Epsilon Products ... Sinopec ... Shell China ... Kværner ... Westcoast Energy ... Petroleos de Venezuela
11/07/2001 -- Sempra confirms Gov. Davis wants to meet on contracts
Sempra Energy Resources is willing to discuss terms of its power supply contracts with California Gov. Gray Davis, 'but any contractual modifications must be mutually agreeable and beneficial,' Pres. Michael Niggli said Tuesday. The wholesale generation subsidiary of Sempra Energy confirmed it has been asked by the governor's office to a meeting to discuss long-term power contracts between the state and the company.
11/06/2001 -- EIA forecasts 1% decline in US energy demand this year
The US Energy Information Administration Tuesday projected total US energy use will decline a full 1% this year to 98.5 quadrillion btu, reflecting the 'precarious worldwide economic situation.' In October, the government agency was predicting a 0.5% decline in total energy demand from 2000.
11/06/2001 -- Progress to buy LG&E power plants for $345 million
A unit of Progress Energy Inc. said it will buy two power plants totaling 1,182 Mw in Georgia from LG&E Energy Corp., a unit of the UK's Powergen PLC, for $345 million. Germany's E. On AG is in the process of buying Powergen in a deal expected to be completed in the spring.
11/06/2001 -- Brazilian group sees $15 billion outlay in gas industry in 10 years
Around $15 billion will be invested in Brazil's natural gas sector in the next 10 years, forecasts the National Organization of Petroleum Industry. Gas represents only around 3% of Brazil's energy matrix but the government plans to increase that to 12% within the next decade.
11/05/2001 -- Frontier sets expansions at Wyoming and Kansas refineries
Frontier Oil Corp. plans to boost the capacities of its 41,000 b/d Cheyenne, Wyo., refinery to 46,000 b/d and its 110,000 b/d El Dorado, Kan., refinery to 121,000 b/d.
11/05/2001 -- Foster Wheeler gets FEED contract for Nigerian gas-to-liquids project
Chevron Nigeria Ltd. has awarded Foster Wheeler Ltd. a $20 million front-end engineering and design contract for a gas-to-liquids project, said Foster Wheeler Monday.
11/05/2001 -- PricewaterhouseCoopers sees lull in mergers and acquisitions
PricewaterhouseCoopers predicted Monday that political and economic uncertainty could jeopardize pending and potential mergers and acquisitions for the global energy industry. But it also said the industry remains under pressure to consolidate in order to lower costs and increase access to production.
11/01/2001 -- Time to change energy sector, say Mexican officials
Mexico must change its judicial and perhaps its constitutional framework "to separate what can be done by government and what can be done by the private sector" in developing and expanding its energy industry to meet future needs, a Mexican legislator said Thursday at an energy conference in Houston.
11/01/2001 -- Pipeline opens between Italy's Val d'Agri fields, Taranto refinery
Enterprise Oil PLC said first oil flowed through a pipeline linking the Val d'Agri oil center at Viggiano in Italy's Southern Apennines to Taranto.
10/30/2001 -- Chile's ENAP plans delayed coker for Concon refinery
A Foster Wheeler Ltd. subsidiary has signed a deal with Chilean state oil company Empresa Nacional de Petroleo to build a delayed coker.
10/29/2001 -- Mirant plans to raise more than $1 billion to fund acquisitions
Energy marketer Mirant Corp. reported third quarter profits nearly doubled with help from its trading and marketing unit, and said it could exceed analysts earnings estimates for 2002. Mirant said it plans to tap capital markets shortly' with the goal of raising about $1-$1.5 billion to help finance acquisitions.
10/29/2001 -- Enterprise to buy 20 salt dome storage caverns from Diamond-Koch
Enterprise Products Partners LP, Houston, is buying Mont Belvieu, Tex., storage facilities from Ultramar Diamond Shamrock Corp. and Koch Industries Inc.
10/26/2001 -- Some US regions still projecting generation deficiencies
Electric generating capacity in North America is expected to be adequate in the near term, although instances of problems could occur in specific regions, the North American Electric Reliability Council said in its newly released assessment. The transmission outlook isn't as rosy.
10/26/2001 -- Suncor Energy resumes production at oil sands base plant
Oil production has resumed at Suncor Energy Inc.'s oil sands base plant near Fort McMurray, Alta. It had been shut in for a week due to mechanical problems.
10/26/2001 -- ExxonMobil, Chevron Phillips Chemical agree on polyethylene catalyst use
ExxonMobil Chemical Co. said Wednesday a federal appeals court has upheld its patent for a polyethylene manufacturing process.
10/26/2001 -- China rules only Sinopec, PetroChina can build gasoline stations
China has tightened its controls over the construction of gasoline stations. The government will allow only Sinopec and PetroChina Co. to build stations.

Home

General Interest

Exploration & Development

Drilling & Production

Processing

Transportation

Home

2001

Processing 2001 P