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Processing 2001 P

  • 10/04/2001 -- BASF Petronas venture launches Malaysian petrochemical complex
    BASF Petronas Chemicals Sdn Bhd Thursday launched its Verbund petrochemicals site in Kuantan, Malaysia. The integrated chemical complex comprises 12 plants.
  • 10/03/2001 -- Sinopec to close 10 million tonnes of refining capacity
    China Petrochemical Corp. plans to close inefficient oil refining units with a combined capacity of 10 million tonnes in the next 3 years.
  • 10/02/2001 -- Shell reaffirms interest in Texas industrial power market
    Coral Power LLC, an affiliate of Shell Trading, Tuesday reaffirmed its interest in the Texas electricity market, and said it plans to sell power to industrial companies and other large powers users when the market opens to competition next year. Coral said its plans to begin selling electricity to large energy users in Texas were unaffected by Shell Energy Services Co.'s recent decision to discontinue electricity sales to residential and small commercial customers.
  • 09/28/2001 -- Processing news briefs, Sept. 28
    AltaGas Services Inc. ... Marathon Ashland Petroleum LLC ... Jacobs Engineering Group Inc. ... Conoco Inc. ... Ruhr Oel GmbH ... Stone & Webster Co. ... JGC Corp.
  • 09/28/2001 -- UK oil, gas production decline in second quarter of 2001
    The UK Government reports production of crude oil and natural gas liquids fell by 6.6% in the second quarter of this year, compared to the same period last year, largely due to the decline in production from established fields.
  • 09/27/2001 -- Oil companies file at Texas PUC to buy and sell electricity
    Two big oil companies, Conoco Inc. and BP Energy, a unit of the UK's BP PLC, filed applications to become retail electric suppliers when the Texas electricity market is deregulated in January. Both companies plan to buy and sell electricity mostly for their own plants in Texas.
  • 09/27/2001 -- Valero stockholders okay acquisition of Ultramar Diamond Shamrock
    At a special meeting Thursday in San Antonio, Valero Energy Corp. shareholders approved the company's proposed $6 billion acquisition of Ultramar Diamond Shamrock Corp. to become the second largest US refiner.
  • 09/27/2001 -- Shell Chemical to buy Sunoco's Puerto Rico refinery
    Shell Chemical Co., Houston, signed a letter of intent to buy a 77,000 b/d refinery in Yabucoa, Puerto Rico, from Sunoco Inc., Philadelphia.
  • 09/27/2001 -- CIPA endorses California gas report, calls for incentives
    The California Energy Commission is scheduled to consider a controversial report on natural gas, including a call for more state self sufficiency, at its Wednesday meeting. Consideration of the draft report was delayed after various parties objected to some of its conclusions.
  • 09/26/2001 -- Preem plans to revamp isomerization unit at Gothenburg refinery
    Preem Raffinaderi AB has begun work on a $34 million revamp of the isomerization unit at its 106,000 b/d Gothenburg, Sweden, refinery.
  • 09/25/2001 -- Gas producers expect to recapture fuel switching market this winter
    The Natural Gas Supply Association expects the gas industry to recapture the fuel switching market this winter, both in the power generation and industrial sectors. It also predicted gas demand will slide 2.1% or 250 bcf to 11.44 tcf, assuming the nation's economic recovery is delayed by uncertainty over military events in the Middle East.
  • 09/25/2001 -- California regulators override local law to approve Calpine plant
    After a 2-year plus struggle to get state and local approval, Calpine Corp. received the final okay from state regulators for its Metcalf power plant in San Jose, Calif. The California Energy Commission exercised its 'override authority' over local laws for only the second time in the commission' history.
  • 09/24/2001 -- TotalFinaElf investigating cause of fertilizer plant blast
    Atofina reported Monday that 29 persons were killed and 782 injured in a blast that devastated its Grande Paroisse fertilizer site 4 km south of Toulouse Friday.
  • 09/24/2001 -- Fire damages Unicracker at CITGO's Lake Charles refinery
    CITGO Petroleum Corp. Monday said a fire has damaged the Unicracker unit at its 320,000 b/d Lake Charles, La., refinery. The unit made jet fuel.
  • 09/21/2001 -- BG-led group awards first contract for Egypt LNG project
    BG Group PLC, Edison International SPA, and Egyptian General Petroleum Corp. have awarded the front-end engineering design contract for their proposed $900 million Egyptian LNG export project to US-based Bechtel Group Inc. This is the first contract awarded for the project.
  • 09/20/2001 -- EPA plans independent review of diesel sulfur rule in mid-2002
    The US Environmental Protection Agency Thursday said it expects to conduct an "independent review" of the controversial low sulfur diesel rule in mid-2002. The current rule would force refiners to meet a 15 ppm standard in 2006 on 80% of diesel supply.
  • 09/20/2001 -- Northeast RTO framework established, but governance a concern
    Federal regulators and the three Northeast grid operators completed a framework for a single market and regional transmission organization for electric power in the region, but two members said they were concerned about who will run the organization. ISO New England Inc. and the New York Independent System Operator warned the key issue of governance of the proposed organization remains unsolved.
  • 09/19/2001 -- Phillips begins licensing sulfur removal technology for diesel
    Phillips Petroleum Co. has begun licensing its S Zorb Sulfur Removal Technology for diesel. It said the process can reduce sulfur levels to less than 10 ppm.
  • 09/19/2001 -- Lyondell to close units at Lake Charles chemical plant
    Lyondell Chemical Co. plans to restructure its toluene diisocyanates (TDI) business and the close its aliphatic diisocyanates (ADI) manufacturing units.
  • 09/18/2001 -- California orders review of Southern California Edison's safety practices
    Citing 37 accidents linked to alleged safety violations, the California Public Utilities Commission ordered an investigation into Southern California Edison Co.'s compliance with state safety codes for construction, operation, and maintenance of electric lines and facilities. Southern California Edison Co. said it takes the PUC's allegations 'very seriously' and has begun a comprehensive review and analysis of the charges.

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