Processing 2002 P

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.
06/05/2002 -- Marathon, Syntroleum to expand demonstration GTL plant
Marathon Oil Co. and Tulsa-based Syntroleum Corp. said they will expand on the design and capabilities of the planned demonstration gas-to-liquids complex now under construction at Catoosa, Okla.
06/04/2002 -- A Royal Dutch/Shell Group unit to buy LNG from North West Shelf venture
A unit of Royal Dutch/Shell Group has finalized an agreement to purchase up to a total of 3.7 million tonnes of liquefied natural gas during 2004-09 from partners in the Australian North West Shelf.
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 -- Ashland to pay $7 million in connection with 1997 Minnesota refinery fire
Ashland Inc. pleaded guilty May 13 in US District Court to criminal charges related to a May 16, 1997, fire and explosion at its former Minnesota refinery, the Department of Justice said. As part of the plea, Ashland agreed to pay about $7 million in fines and restitution connected with the charges.
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.
05/06/2002 -- Saudi firm lets contract for new petrochemical plant project
Gulf Farabi Petrochemicals Co. Ltd. has named a Foster Wheeler Ltd. subsidiary as project manager to oversee development of a $250 million petrochemical plant in Al Jubail, Saudi Arabia.
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."

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Processing 2002 P