Processing 2003 P

08/08/2003 -- Trinidad and Tobago building 5,000 tonne/day methanol plant
Construction has begun in Trinidad and Tobago on What is thought to be the world's largest methanol plant. Methanol Holdings (Trinidad) Ltd. is building the $500 million plant, which will have a capacity of 5,000 tonnes/day. This means the "M 5000" plant will not only be the largest in the world but one of the most costly methanol plant ever built.
08/08/2003 -- Merrill Lynch: US downstream facing long-term recovery
US refining margins probably will become more volatile in coming years because the industry is approaching its effective capacity limit, said the Merrill Lynch Global Securities Research & Economics Group.
08/08/2003 -- Study evaluates design considerations of larger, more efficient liquefaction plants
Recent designs for LNG plants focus on train sizes of 3-8 million tonnes/year and even higher. A study evaluated the problems and advantages of these higher-capacity plants.
08/06/2003 -- ChevronTexaco inks deal to supply Australian LNG to Mexico
A unit of ChevronTexaco Corp. said it signed a memorandum of understanding with the joint venture partners of Gorgon natural gas field to supply at least 2 million tonnes/year of LNG over 20 years starting in 2008 to an LNG terminal planned for construction off Baja California.
08/06/2003 -- Alaska negotiating oil supply contract with Flint Hills Resources, a potential buyer of Williams's North Pole refinery
Alaska Gov. Frank H. Murkowski said Alaska is negotiating with a potential buyer of state royalty oil for use at the Williams Co. Inc.'s North Pole refinery. The existing contract for state royalty oil expires in December.
08/05/2003 -- Second quarter US petrochemical production up from 1Q
US production of certain petrochemicals for the second quarter of 2003 increased 1% to 46.7 billion lb over production in the first quarter, according to a study released July 24 by the National Petrochemical & Refiners Association.
08/05/2003 -- GE Oil & Gas to supply compressors for Greek refinery expansion
Motor Oil Hellas Corinth Refineries SA has let a 7.45 million euro contract to Florence-based GE Oil & Gas to supply compressors, additional equipment, and services for a refinery expansion project in Corinth, Greece.
08/03/2003 -- Refining view in 2008 not for the queasy
The global refining-marketing industry of 5 years hence will look a great deal different than it does today. It�s not a sight for the faint-hearted, as competition will grow even more fierce amid major structural changes in the industry.
08/01/2003 -- Pakistan proceeding with plans to privatize National Refinery Ltd.
Pakistan's Privatization Commission is moving ahead with plans to privatize the National Refinery Ltd. (NRL) by inviting financial advisory companies to submit expressions of interest to provide their services.
07/30/2003 -- Industry says NSR reforms to continue as US EPA reopens comments on final rule
Industry officials don't expect federal regulators to revise the way refiners meet clean air emissions targets even though the US Environmental Protection Agency announced July 25 it is soliciting more comment on a 2002 rule.
07/28/2003 -- CPC abandons plan to build Taiwan's eighth naphtha cracker
Chinese Petroleum Corp. (CPC) has officially notified the Chiayi County government that CPC is abandoning a plan to build Taiwan's eighth naphtha cracker at Putai.
07/28/2003 -- PDVSA to supply Petroecuador with LPG
Venezuela´s oil company Petróleos de Venezuela SA has agreed to supply Ecuador's oil company, Petroecuador, with LPG, beginning next year, PDVSA announced.
07/25/2003 -- Study identifies optimum operating conditions for ULSD hydrotreaters
A recent study for a grassroots 30.000-b/sd hydrotreater that can produce ultralow sulfur diesel helped assess critical process design issues and evaluated life-cycle costs for different configurations.
07/24/2003 -- Ivanhoe, Repsol group to evaluate commerciality of Bolivia GTL plant
A technical and commercial team of representatives from Spain's Repsol-YPF, Vancouver-based Ivanhoe Energy Inc., and Syntroleum Corp. plan to conduct a study to evaluate the commercialization potential for a 90,000 b/d gas-to-liquids (GTL) plant in Bolivia.
07/23/2003 -- UniPure's demonstration plant at Valero refinery produces ultra low sulfur diesel
UniPure Corp., Houston, said it has successfully produced diesel fuel containing sulfur levels below 15 ppm at its demonstration plant at Valero Energy Corp.'s refinery in Krotz Springs, La.
07/23/2003 -- Petrokemya awards EPC contract to Samsung for new butene-1 plant in Saudi Arabia
Arabian Petrochemical Co. (Petrokemya), a wholly owned affiliate of Saudi Basic Industries Corp (Sabic), Riyadh, has awarded a lump-sum, turnkey contract to the South Korean company, Samsung Engineering Co. for the engineering, procurement, and construction of a third butene-1 plant at its petrochemical complex in Al-Jubail Industrial City on the eastern coast of Saudi Arabia.
07/23/2003 -- Refiners say clarity key for new maritime security rules
The National Petrochemical & Refiners Association Wednesday told regulators that clarity and consistency are important to keep in mind when crafting final maritime security rules. NPRA offered comments at a US Coast Guard hearing on recently issued temporary interim rule implementing the Maritime Transportation Security Act of 2002.
07/18/2003 -- ULSD HYDROTREATING1: Study outlines optimum ULSD hydrotreater design
A recent study for a grassroots 30,000-b/sd hydrotreater that can produce ultralow sulfur diesel (ULSD) helped assess the critical process design issues for meeting future ULSD requirements.
07/16/2003 -- NPRA releases annual report on US refining, storage capacity
The US refining industry capacity is holding steady despite a decline in the number of refineries, the National Petrochemical & Refiners Association (NPRA) reported Wednesday.
07/16/2003 -- Crude oil pipeline on tap in western Turkmenistan
Turkmenistan has named contractors to construct a 60,000 b/d crude oil pipeline along its Caspian Sea coast to be placed in service in 2005.

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