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Processing 2002 P

  • 06/19/2002 -- Gasco awards contract to Foster Wheeler to increase production of NGLs
    Abu Dhabi Gas Industries Ltd. (Gasco) has awarded a project management contract to Foster Wheeler International Corp., the UK subsidiary of Clinton, NJ-based Foster Wheeler Ltd.
  • 06/17/2002 -- OMV opens two retail service stations in Yugoslavia
    OMV Yugoslavija DOO, a unit of Austria's OMV AG, has opened two retail service stations in Yugoslavia, claiming to be the first western European oil and gas firm to enter that country's retail service station market.
  • 06/07/2002 -- Near-term outlook grim for refiners
    Depressed demand, high oil prices, and brimming stocks mean a grim outlook for refiners.
  • 06/05/2002 -- Czech refinery RFCC unit goes on stream
    Ceska Rafinerska AS's resid fluid catalytic cracking unit in Kralupy, Czech Republic, is on stream and has met all guarantees, said UOP LLC, Des Plains, Ill.
  • 06/05/2002 -- New catalytic cracking technologies revealed at CatCon2002
    New catalytic cracking technologies for crude oil refining, chemical production, nanotechnology, and gas-to-liquids projects were unveiled at the sixth annual catalyst conference.
  • 06/05/2002 -- Diesel will experience higher future demand than gasoline, fuel oil
    Future worldwide demand growth for motor fuels will focus on diesel, while demand growth for gasoline and fuel oil will stagnate.
  • 06/04/2002 -- SABIC unit awards Linde air separation unit construction contract
    National Industrial Gases Co. (GAS), a unit of Saudi Basic Industries Corp. (SABIC), let a $93 million lump sum contract to Germany's Linde AG for the construction of an air separation unit at Al Jubail petrochemical complex at Riyadh.
  • 05/28/2002 -- Canadian refiners working to produce low-sulfur gasoline
    Canadian refiners are introducing technologies and changing manufacturing processes to reduce gasoline sulfur content to 30 ppm before 2005, reported the Canadian Petroleum Products Institute (CPPI).
  • 05/22/2002 -- China studies Pakistan refinery sites for Sudan oil
    China National Oil & Gas Exploration Development Corp. (CNOGEDC) is showing a strong interest in constructing a $600 million refining unit at Karachi, Pakistan, to process its Sudan crude oil.
  • 05/15/2002 -- Aramco awards Riyadh sulfur recovery plant contract
    Saudi Arabian Oil Co. (Saudi Aramco) has awarded Paris-based Technip-Coflexip a lump sum, turnkey contract for the design and construction of a sulfur recovery plant at its refinery in Riyadh, Saudi Arabia.
  • 05/14/2002 -- BP switching to ethanol from MTBE in California gasoline
    BP PLC has signed contracts with several ethanol suppliers in order to phase out the use of fuel oxygenate methyl tertiary butyl ether in the gasoline BP sells in California by the end of this year.
  • 05/14/2002 -- Freedonia Group: US fuel additives demand to grow 4.8%/year during 2001-06
    US fuel additives demand is expected to grow 4.8%/year during 2001-06 to $12.6 billion in 2006, said Freedonia Group Inc., a Cleveland market research firm, in a new study.
  • 05/13/2002 -- Praxair expands Texas hydrogen pipeline capacity
    Praxair Inc. and Valero Logistics Operations LP have exchanged certain Texas Gulf Coast pipeline assets of different capacities to enhance both of their hydrogen systems. The action doubles Praxair's Houston-Texas City, Tex., hydrogen pipeline capacity in response to increased hydrogen demand.
  • 05/13/2002 -- Sunoco to close La Porte, Tex., polypropylene line
    Philadelphia-based Sunoco Inc., said it will permanently shut down a 200 million lb/year polypropylene line at its Sunoco Chemical La Porte, Tex., plant during the third quarter. Two other lines at the plant will continue to produce 800,000 million lb/year.
  • 05/13/2002 -- Hungary awards Linde ethylene plant contract
    Hungary's petrochemical company Tiszai Vegyi Kombinat Rt. has awarded Wiesbaden-based Linde AG a contract for a new ethylene plant at Tiszaujvaros in northeastern Hungary. The plant is part of TVK's planned extensive, 430 million euro petrochemical development project.
  • 05/07/2002 -- Benzene, cyclohexane demand plunges, while cumene, phenol thrive
    The year 2001 was one of the worst years for benzene demand, according to a recently completed Chemical Market Associates Inc. study. However, conditions are in place to reverse that trend and firm up demand within the next 4 years. CMAI also updated the outlooks for cumene and phenol—which continue to enjoy strong demand growth—and cyclohexane, which is languishing.
  • 05/03/2002 -- Court rules in favor of EPA low sulfur diesel rule
    The US Court of Appeals for the D.C. Circuit on Friday upheld a controversial low sulfur diesel fuel issued by the Environmental Protection Agency and opposed by industry. Refiners that filed suit against the agency called the court's decision "disappointing."
  • 05/02/2002 -- Contracts awarded at Kårstø gas treatment complex
    Statoil ASA, on behalf of Norway's new state-owned company, Gassco AS, has awarded Fabricom Contracting NV a contract to prefabricate and install mechanical and electrical equipment, including instrumentation, as part of the development project at the Kårstø gas treatment complex in southern Norway.
  • 04/24/2002 -- Market watch: Bearish inventory report dampens oil futures prices
    Energy futures prices generally advanced Tuesday. However, oil prices declined in after-hours electronic trading on the New York Mercantile Exchange following a more bearish assessment of US petroleum inventories by the American Petroleum Institute.
  • 04/23/2002 -- Contract awarded for Omani giant ammonia-urea complex
    Oman-India Fertilizer Co. has awarded a lump-sum turnkey contract valued at $770 million to Technip-Coflexip and 50:50 joint venture partner Snamprogetti SPA for the design and construction of a grassroots ammonia-urea complex—said to be the world's largest—in Oman. Financing for the project is under way.

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