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Processing 2001 P

  • 09/04/2001 -- Syntroleum signs $599.5 million contract for Australia GTL plant
    Syntroleum Corp. said Tuesday its Syntroleum Sweetwater Operations Ltd. subsidiary signed a $599.5 million contract with the German engineering firm Tessag Industrie Anlagen GMBH for engineering, procurement, and construction for its Sweetwater gas-to-liquids plant in Western Australia.
  • 09/04/2001 -- Sinopec to build 10 million tonne/year refinery in Qingdao
    China Petroleum & Chemical Corp. (Sinopec) has signed a letter of intent with the Shandong provincial government to build a 10 million tonne/year refinery in Huangdao area of the coastal port city of Qingdao.
  • 09/04/2001 -- Partners sign joint venture deal for ethylene cracker in Shanghai
    BP Chemical Investments Ltd., China Petrochemical Corp. (Sinopec), and Shanghai Petrochemical Corp. have signed a joint venture agreement to build their ethylene cracker and derivatives complex in Shanghai.
  • 09/04/2001 -- Hunt Oil leads feasibility study for Camisea LNG, GTL exports
    US firm Hunt Oil Co. is leading a feasibility study for Camisea natural gas exports that will be completed by yearend, said Carlos del Solar, general manager of Hunt Oil in Peru.
  • 09/04/2001 -- Citgo outage tightening products markets, boosting refiners' margins
    The Citgo refinery outage will contribute to tightness in refined products markets in the months to come, and refiners will benefit.
  • 08/30/2001 -- Electric Power news briefs, Aug. 30
    Ameren Corp. ... Cleco Power LLC ... Maritimes & Northeast Pipeline ... Exelon Corp. ... Ocean Peaking LP ... TM Power Ventures LLC ... Mosbacher Power Partners LP ... Avista Corp. ... Alpena Power Co. ... Public Service Enterprise Group Inc. ... Elektrownia Skawina
  • 08/30/2001 -- Processing news briefs, Aug. 30
    Statoil ... M.W. Kellogg ... Conoco ... Honeywell ... Fisher-Klosterman ... Marsulex Environmental Technologies ... Linde
  • 08/30/2001 -- Tesoro to proceed with purchase of two BP refineries
    Tesoro Petroleum Corp. said Thursday the US government has not objected to its pending acquisition of BP PLC's Mandan, ND, and Salt Lake City refineries. The purchase includes various storage, pipeline, distribution, and marketing operations.
  • 08/30/2001 -- Market watch: Price rally fizzles
    US energy futures tumbled Wednesday as the market failed to maintain a short rally sparked by strong demand for gasoline.
  • 08/29/2001 -- Syntroleum to study gas to-liquids plant for Chile
    Syntroleum Corp. has an agreement with Empresa Nacional del Petroleo (ENAP) and Advantage Resources International Inc. to study a 10,000 b/d gas-to-liquids plant for the ENAP-owned Cabo Negro Industrial Park near Punta Arenas, Chile.
  • 08/29/2001 -- Market watch: Strong gasoline demand hikes oil futures prices
    Oil futures prices climbed Tuesday in international markets as traders anticipated a bullish report on US inventories. The American Petroleum Institute subsequently reported a whopping 6.8 million bbl drop in US gasoline stocks, more than triple the amount expected by some analysts.
  • 08/28/2001 -- Methanex to proceed with Trinidad methanol plant, mothball Alberta plant
    Methanex Corp., Vancouver, and BP PLC have decided to proceed with construction of the $400 million, 1.7 million tonne/year Atlas methanol facility in Trinidad. At the same time, Methanex postponed reopening of its Medicine Hat, Alta., methanol facility.
  • 08/28/2001 -- Electric Power news briefs, Aug. 28
    Narragansett Electric Co. ... AES Corp. ... Public Service Enterprise Group Inc. ... Calpine Corp. ... Mirant Corp. ... Baltimore Gas & Electric Co. ... Constellation Energy Group Inc. ... PanCanadian Petroleum Ltd. ... American Electric Power Co. Inc. ... ICF Consulting ... Siemens Westinghouse Power Corp.
  • 08/28/2001 -- CITGO to buy the rest of Louisiana lube plant from Conoco
    CITGO Petroleum Corp., which owns 65% of the Cit-Con Oil Corp. lubricants and wax refinery at Lake Charles, La., plans to buy Conoco Inc.'s 35% share. Terms were not disclosed. It is the sixth largest paraffinic lubricants refinery in the US.
  • 08/28/2001 -- Market watch: Market basics dampen natural gas and boost gasoline
    US futures prices for natural gas continued to fall Monday with record storage levels predicted for this winter, but gasoline futures moved up as supplies tightened ahead of the Labor Day holiday this weekend.
  • 08/27/2001 -- Market watch: US gasoline concerns boost energy futures prices
    Concerns over US gasoline supplies helped spur futures prices for oil and refined products Friday after officials of Citgo Petroleum Corp. said it could take 6 months, rather than 6 weeks, to repair damage to their 158,650 b/d Lemont, Ill., refinery.
  • 08/24/2001 -- OPEC aggressiveness despite weak demand means 4Q oil price strength
    Even as estimates of global oil demand plunge, the Organization of Petroleum Exporting Countries continues to hold to its strategy of cutting output at the slightest sign of price weakness.
  • 08/23/2001 -- ABB acquires Mexican equipment supplier
    ABB Group, Zurich, acquired FIP SA, Mexico City, from Walworth de Mexico SA. Financial terms were not disclosed.
  • 08/23/2001 -- Jacobs Engineering Group to acquire McDermott unit
    Jacobs Engineering Group Inc., Pasadena, Calif., signed a letter of intent to acquire McDermott Engineers & Constructors (Canada) Ltd. from parent company McDermott International Inc., New Orleans.
  • 08/22/2001 -- TotalFinaElf awards contracts for refinery shutdowns
    TotalFinaElf SA, Paris, awarded Camom, a unit of Bouygues Offshore SA, a contract for three scheduled refinery shutdowns. The combined contracts are worth 13 million euros ($11.9 million).

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