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Processing 2008 P11

  • 03/11/2008 -- Engro seeks JV for Algeria fertilizer plant
    Pakistan urea producer Engro Chemical Pakistan is interested in entering a JV with Algerian state iron ore and mining firm Perphos to build a phosphatic fertilizer complex in Algeria.
  • 03/11/2008 -- Total lets contract for Port Arthur refinery work
    Total SA let a $1.9 billion contract to Fluor Corp. for engineering, procurement, and construction of certain units at Total's Port Arthur, Tex., refinery.
  • 03/07/2008 -- 'We ought to be encouraging investment in oil and gas close to home'
    President George W. Bush, in a Feb. 28 press conference, on what he would advise consumers facing the prospect of paying $4 for a gallon of gasoline as some analysts have predicted.
  • 02/29/2008 -- Senate energy panel to examine US oil inventory policies
    The Senate Energy and Natural Resources Committee will hold a hearing on Feb. 26 to examine US oil inventory policies, including the Strategic Petroleum Reserve.
  • 02/28/2008 -- Repsol-YPF to double Cartagena refinery capacity
    Repsol-YPF, planning to double the capacity of its 100,000 b/d Cartagena refinery in Spain, has awarded a $1.3 billion contract to Fluor for the project management of much of the project.
  • 02/26/2008 -- Abu Dhabi to build 417,000 b/d refinery at Ruwais
    Abu Dhabi will build a 417,000 b/d refinery, further boosting the emirate's existing 485,000 b/d refining capacity, reported the Emirates News Agency.
  • 02/26/2008 -- Motor Oil (Hellas) expands Corinth refinery
    Motor Oil (Hellas) Corinth SA, Maroussi, Greece, is expanding its 110,000 b/d refinery in Corinth about 70 km from Athens.
  • 02/21/2008 -- European biofuels policy fraught with problems
    Quantity targets to introduce biofuels into the European Union's energy mix should be scrapped in favor of a low-carbon policy approach, according to a senior environmentalist.
  • 02/20/2008 -- Dinaz to start Latvian refinery construction in 2010
    Latvia's Dinaz said it plans to start construction of the country's first refinery in 2010 so it can reduce product imports.
  • 02/19/2008 -- Alon USA updates Big Spring refinery status after fire
    Independent Dallas refiner-marketer Alon USA Energy reported that all but one of the four workers injured in the early morning Feb. 18 explosion and fire at its 70,000 b/d Big Spring, Tex., refinery have been released from the hospital.
  • 02/19/2008 -- Preem seeks permits for coker at Swedish refinery
    Swedish refiner Preem Petroleum AB is seeking envrionmental permits to build a new 4 million tonnes/year coker unit near its 220,000 b/d Lysekil reinery on Sweden's west coast.
  • 02/15/2008 -- Trinidad and Tobago to build second refinery
    Trinidad and Tobago's energy minister said that the twin-island nation will construct a $3-4 billion refinery next to its existing 168,000 b/d refinery at Pointe-a-Pierre.
  • 02/14/2008 -- CERA: Refiners face change in liquids supply composition
    The refining industry faces new reconfiguration and investment challenges to avoid shortages of diesel, heating oil, and jet fuel while minimizing the risk of a decline in refining capacity utilization, said officials of the Cambridge Energy Research Associates in Houston Feb. 13.
  • 02/12/2008 -- Total to build coker at Port Arthur refinery
    Total SA will build a 50,000-b/d coker and desulfurization, vacuum distillation, and related units at its 231,000 b/d refinery in Port Arthur, Tex.
  • 02/08/2008 -- Hunt to boost output at Tuscaloosa, Ala, refinery
    Hunt Refining Co. plans to install two new units at its Tuscaloosa, Ala., refinery to increase crude throughput by more than 30% to 69,000 b/d, double its production of gasoline and diesel for the Southeastern US, and enable it to meet future benzene regulations.
  • 02/07/2008 -- BP disappointed in downstream earnings
    BP PLC is seeking to improve the financial performance of its refining and marketing assets, said BP Chief Executive Tony Hayward Feb. 5 while discussing companywide 2007 financial results.
  • 02/05/2008 -- Sinopec, Sabic plan petrochemical plant in China
    China Petroleum & Chemical Corp. (Sinopec) and Saudi Basic Industries Corp. (Sabic) have signed a nonbinding document outlining the main issues for a tentative 50-50 joint venture to build a $1.7 billion ethylene derivatives complex in Tianjin, China.
  • 02/04/2008 -- Finance minister applauds French industry fuel prices
    In an unprecedented move, French Finance and Economy Minister Christine Lagarde admitted that oil companies and distributors had kept a promise made at the Nov. 10, 2007, roundtable she chaired.
  • 02/04/2008 -- Petroecuador, PDVSA plan refinery in Ecuador
    Ecuador and Venezuela plan to jointly finance and build a 300,000 b/d refinery in Ecuador's coastal province of Manabi, according to Ecuador's Mines and Oil Ministry.
  • 02/01/2008 -- Sinopec to upgrade Changling, Baling refineries
    China Petroleum & Chemical Corp. (Sinopec) will invest about $2.2 billion to raise the production capacity of two domestic refineries.

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