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Processing 2002 P
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Fri Dec 27 15:12:00 CST 2002 -- Analyst: Venezuelan strike should help US independent refiners
Reduced US refined product imports from Venezuela and a subsequent tightening of product inventories should help boost US refining margins going into the first quarter, Prudential Securities Inc. said. -
Thu Dec 26 12:12:00 CST 2002 -- El Paso Corp. starts development of Energy Bridge LNG project
El Paso Global LNG, a unit of Houston-based El Paso Corp., has started development of its first EP Energy Bridge natural gas delivery system in the Gulf of Mexico. The system is to be built about 116 miles off Louisiana. -
Fri Dec 20 16:12:00 CST 2002 -- Holly Corp. to acquire ConocoPhillips's Woods Cross refinery
Dallas-based Holly Corp. said Friday it signed a definitive agreement with ConocoPhillips to acquire the major's 25,000 b/d Woods Cross refinery near Salt Lake City and related assets for $25 million. -
Fri Dec 20 15:12:00 CST 2002 -- Brazil's largest refinery to invest 1.1 billion reals in 2002-05
Petroleo Brasileiro SA (Petrobras) plans to invest 1.1 billion reals ($291.8 million) in Brazil's largest refinery, Paulinia, in São Paulo state, through 2005. -
Tue Dec 17 16:12:00 CST 2002 -- NPRA will increase advocacy as refiners face future challenges
NPRA Pres. Bob Slaughter"We do not support an ethanol mandate nor do we support an MTBE ban. We think that those initiatives essentially are not good public policy." -
Mon Dec 16 11:12:00 CST 2002 -- AMOC awards Egyptian acid treatment plant contract to Technip-Coflexip
Alexandria Mineral Oil Co. (AMOC) has let a lump sum, turnkey contract to Technip-Coflexip for the construction of an acid gas treatment plant at Alexandria, Egypt. -
Tue Dec 10 11:12:00 CST 2002 -- ONGC, Reliance lock horns over refinery sell offs
State-owned Oil & Natural Gas and Reliance Industries indirectly locked horns over the sell-off of the Indian government's stake in refining firms Hindustan Petroleum and Bharat Petroleum. -
Fri Nov 29 15:11:00 CST 2002 -- China politics
Multinational oil companies should keep a careful eye on recent leadership changes in China, according to government and private analysts. -
Tue Nov 26 12:11:00 CST 2002 -- EPC contract awarded for world-scale China petrochemical complex
CNOOC and Shell Petrochemicals Co. Ltd. (CSPC) awarded a contract to Technip-Coflexip in a joint venture with Chiyoda Corp. and Mitsubishi Corp. of Japan. -
Tue Nov 26 12:11:00 CST 2002 -- BG Group receives approval for LNG terminal in Italy
BG Group PLC earlier this month received approval to construct and operate a 330 million euro LNG terminal in Brindisi Port, on the southeast coast of Italy. -
Mon Nov 25 12:11:00 CST 2002 -- Iraq, Jordan plan to start building oil pipeline in 2003
Iraq and Jordan plan to build an oil pipeline to transport Iraqi crude oil to Jordan starting next year, signing an accord calling for Baghdad to supply Jordan with all its crude oil supplies in 2003. -
Tue Nov 19 11:11:00 CST 2002 -- Diesel supply woes remain major industry concern
Industry continues to voice strong concerns that US environmental regulators are not addressing potential supply problems associated with upcoming diesel fuel standards. -
Tue Nov 19 11:11:00 CST 2002 -- ExxonMobil seeking site for UK LNG import terminal
ExxonMobil Corp., which signed a heads of agreement in June with Qatar General Petroleum Corp. to supply natural gas to the UK for 25 years beginning in 2006-07, is investigating British sites for a potential LNG import terminal. -
Thu Nov 14 17:11:00 CST 2002 -- Fitch analyst calls gasoline imports "a thorn in the side of (US) refiners"
October was a bright spot in a dismal year for US refiners although product prices have fallen again despite low gasoline inventories, Bryan Caviness with Fitch Ratings Oil & Gas group, said. -
Mon Nov 11 16:11:00 CST 2002 -- Agip Gas awards Libyan grass-roots natural gas treatment plant
Agip Gas has awarded a turnkey contract to an international consortium headed by Snamprogetti SPA for the construction of a grass-roots natural gas treatment plant at Mellitah, Libya. -
Fri Nov 08 11:11:00 CST 2002 -- Rasgas awards ENI unit Qatar LNG plant expansion
Ras Laffan Liquefied Gas Co. (Rasgas II) has awarded a turnkey contract for the fourth train at the Ras Laffan LNG complex to Italian firm Snamprogetti SPA, ENI SPA's engineering and main contracting company. -
Wed Nov 06 15:11:00 CST 2002 -- CNOOC, Shell to build world-scale petrochemical complex in China
China National Offshore Oil Corp. and Shell Petrochemicals Co. Ltd. units have agreed to proceed with the joint venture construction of a $4.3 billion world-scale petrochemical complex in southern China. -
Tue Nov 05 11:11:00 CST 2002 -- JV ethanol plant in Manitoba contemplated
A cooperative of rural municipalities signed a letter of intent with a subsidiary of Outlook Resources Inc. to jointly develop and build an ethanol plant in the Dauphin and Roblin region of Manitoba. -
Tue Nov 05 10:11:00 CST 2002 -- Qatar Shipping to acquire more LNG vessels
Qatar Shipping Co.'s LNG-driven business plan calls for the company to acquire interests in several more LNG vessels early next year and other ships in 2004, reported OPECNA news agency. -
Mon Nov 04 16:11:00 CST 2002 -- Oman, Pakistani firm to develop fertilizer complex in Oman
Oman Oil Co. (OOC) has signed a memorandum of understanding with Karachi-based Engro Chemical Pakistan Ltd. to develop a world scale ammonia urea fertilizer complex in Oman.
