Stay Connected
1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

Processing 2002 P

  • 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.
  • 05/01/2002 -- Chevron introduces low-emission diesel fuel
    Chevron Products Co. has introduced a lower-emissions fuel for diesel engines that is available to certain customers in Southern California. The California Air Resources Board has verified the technology's emission benefits, with data showing PM reductions of 63% and NOx reductions of 14%.
  • 05/01/2002 -- PIRINC: Refiner consolidation not a cause of gasoline price spikes
    Competition among US refiners is still strong, said the Petroleum Industry Research Foundation Inc. (PIRINC), prior to hearings Tuesday by a Senate subcommittee investigating whether industry mergers have pushed up US gasoline prices at the pump.
  • 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.
  • 04/22/2002 -- Williams, Yukos ink deal for equity stake, oil supply with Lithuanian firm
    The international unit of Williams Cos. Inc., Tulsa, and Russian oil company OAO Yukos have submitted to the Lithuanian government signed agreements outlining Yukos's purchase of share equity in Lithuanian oil company Mazeikiu Nafta for $75 million.
  • 04/22/2002 -- Sasol forms new GTL reactor procurement alliance
    Sasol Technology Pty. Ltd. has formed an alliance with Japanese engineering firms Ishikawajima-Harima Heavy Industries Co. Ltd. and Nissho Iwai Corp., both of Tokyo, for design, fabrication, and supply of slurry-phase Fischer-Tropsch reactors for Sasol's two new GTL plants in Nigeria and Qatar.
  • 04/19/2002 -- Beyond ANWR
    There's more to US energy policy than drilling in Alaska or expanding fuel ethanol production. But both topics have largely overshadowed the public's interest in other industry issues as the US Congress considers the most sweeping energy reform bill in a decade.
  • 04/17/2002 -- Duke Energy unit awards contract for construction of Hanging Rock power facility
    Duke Energy North America (DENA), a unit of Duke Energy Corp., Charlotte, NC, let a turnkey engineering contract to Duke/Fluor Daniel for the engineering, procurement, and construction of the company's 1,240 Mw natural-gas fired Hanging Rock electric generation facility in Hamilton Township, Lawrence County, Ohio. The contract amount was not disclosed.
  • 04/16/2002 -- Suncor's oil sands hydrogen unit down for repairs
    Suncor Energy Inc. has shut down its Millennium oil sands project hydrogen unit to replace a leaking gasket that led to a small fire Apr. 9. The outage of this hydrogen unit—one of two at the oil sands plant—is expected to take up to 10 days and is expected to reduce average production in April to about 180,000 b/d.
  • 04/11/2002 -- Al Jubail petrochemical complex owners outline $1 billion investment
    Chevron Phillips Chemical Co. LLC (CPChem) and Saudi Industrial Investment Group (SIIG) plan a $1 billion addition to their existing petrochemical complex in Al Jubail, Saudi Arabia. Startup is expected in 2006.
  • 04/11/2002 -- ESAI: Chinese gasoline exports expected to 'explode'
    Gasoline exports from China appear ready to "explode," according to Boston-based research firm Energy Security Analysis Inc.
  • 04/10/2002 -- Market watch: Oil futures prices fall as embargo fears subside
    Energy futures prices fell Tuesday as Israeli troops withdrew from some of the disputed Palestinian territories and Saudi Arabia pledged to make up any shortfall from Iraq's embargo of oil exports.
  • 04/09/2002 -- Koch Holdings Enterprises acquires 40% stake in NGL fractionator
    Koch Holdings Enterprises LLC has bought 40% ownership of a natural gas liquids fractionator from subsidiaries of Valero Energy Corp., San Antonio. Koch Holdings Enterprises, through its subsidiaries, is now an 80% shareholder in the 160,000 b/d Mont Belvieu 1 fractionator. Terms of the deal aren't disclosed.
  • 04/08/2002 -- Shell contracts LNG for planned western Mexico terminal
    Royal Dutch/Shell unit Shell Gas & Power has secured initial supplies for its proposed LNG regasification terminal in Costa Azul, in the municipality of Ensenada, Baja California, on Mexico's West Coast. Shell did not identify the sources of the initial supply of 7.5 million tonnes/year for the project, other than to say they were in the Asia-Pacific region.
  • 04/03/2002 -- SABIC to acquire DSM's petrochemicals business for almost $2 billion
    Saudi Arabia Basic Industries Corp, (SABIC) has reached an agreement in principle with DSM BV to purchase DSM's petrochemicals business for 2.25 billion euros ($1.98 billion). With the acquisition, SABIC, already the largest petrochemicals producer in the Middle East, will move from 22nd to 11th largest in global petrochemicals.
  • 04/03/2002 -- Pakistan promoting CNG industry in Iran
    Pakistan is seeking to help Iran develop its compressed natural gas motor fuel industry. As one of the world's largest CNG motor fuel users, Pakistan is in a position to provide technical expertise and cooperation to develop and promote the CNG industry in Iran, a government official said.
  • 04/03/2002 -- Petrobras sticks with growth plans, says new CEO
    Petrobras Pres. and CEO Francisco GrosAs part of its growth plan, Brazil's state oil company Petrobras is shopping for a company with 100,000 boe/d of production in the US Gulf of Mexico.
  • 04/02/2002 -- Duke Energy completes acquisition of Westcoast Energy
    Duke Energy Corp. has closed on the previously announced acquisition of Vancouver, BC-based Westcoast Energy Inc. The transaction, valued at about $8 billion based on cash, stock consideration, and debt assumed, is expected to be accretive to Duke Energy's earnings.
  • 04/01/2002 -- Premcor to pay $6.25 million in environmental fines
    The US Department of Justice, Environmental Protection Agency, and the state of Illinois announced Apr. 1 a settlement requiring Premcor Refining Group Inc. to pay $6.25 million in environmental fines. Premcor will pay the penalty to resolve federal claims that its 80,000 b/d Blue Island, Ill., refinery violated five federal statutes.
file