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Processing 2011 P1

  • 08/09/2011 -- Texas: Abraxas pursues Strawn horizontal play
    Abraxas Petroleum Corp., San Antonio, has completed a second horizontal Strawn oil and gas well on its Spires Ranch acreage in Nolan County, West Central Texas.
  • 04/06/2011 -- Petral: Mont Belvieu fractionation in surplus until 2014-15
    Consultants Petral Worldwide Inc. forecast a surplus in Mont Belvieu, Tex.-area fractionation capacity until 2014-15, depending on construction schedules for new pipelines into the region.
  • 01/04/2011 -- NARL lets contract for refinery turnaround
    North Atlantic Refining Ltd. (NARL) has let a 3-year contract to Jacobs Engineering Group Inc. for the provision of turnaround and small capital work services at the company’s 115,000-b/d refinery at Come By Chance, Newf.
  • 01/05/2011 -- Yeosu refining complex due upgrading capacity
    GS Caltex, Seoul, plans to add upgrading capacity at its 760,000 b/cd refining complex at Yeosu, South Korea.
  • 01/06/2011 -- Albemarle, Petrobras to build HPC facility in Brazil
    Albemarle Corp., Baton Rouge, and Brazil’s Petroleo Brazileiro SA (Petrobras) have signed a memorandum of understanding to construct a world-scale hydroprocessing catalyst (HPC) production plant in Santa Cruz, Brazil.
  • 01/07/2011 -- Flint Hills to buy ethanol plants in Iowa
    Flint Hills Resources LP plans to buy two ethanol plants in Iowa from Hawkeye Renewables LLC, which last year restructured its finances under bankruptcy protection.
  • 01/11/2011 -- Canada's Montney shale to get gas plant
    AltaGas, Calgary, has let a contract to IMV Projects, a Wood Group company also based in Calgary, for the engineering, procurement, and construction management for the $235 million (Can.) Gordondale sour gas processing plant and associated gas gathering.
  • 01/12/2011 -- Dominion secures plant site for Marcellus gas
    Dominion, Richmond, Va., has reached agreement with PPG Industries on an option for Dominion to buy land at PPG's Natrium, W.Va., site for construction of a 300 MMcfd natural gas processing plant.
  • 01/12/2011 -- Manguinhos refinery signs deal with Astra Oil Trading
    Brazil’s privately held refinery Refinaria de Petroleos de Manguinhos SA signed a memorandum of understanding with Astra Oil Trading NV “to discuss and plan the best use of assets.”
  • 01/13/2011 -- Petrobras signs contract for units at Refap
    Petroleo Brasileiro SA (Petrobras) on Jan. 12 signed a contract for construction of a diesel hydrotreater and hydrogen generation unit at its Alberto Pasqualini refinery (Refap) in Canoas, state of Rio Grande do Sul.
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Oil & Gas Journal’s Mar. 6, 2015, webcast will focus on US midstream companies at an inflection point in their development in response to more than 6 years shale oil and gas production growth. Major infrastructure—gas plants, gathering systems, and takeaway pipelines—have been built. Major fractionation hubs have expanded. Given the radically changed pricing environment since mid-2014, where do processors go from here? What is the fate of large projects caught in mid-development? How to producers and processors cooperate to ensure a sustainable and profitable future? This event will serve to set the discussion table for the annual GPA Convention in San Antonio, Apr. 13-16, 2015.

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Oil & Gas Journal’s Feb. 6, 2015, webcast will focus on the future of US refining as various forces this year conspire to pull the industry in different directions. Lower oil prices generally reduce feedstock costs, but they have also lowered refiners’ returns, as 2015 begins with refined products priced at lows not seen in years. If lower per-barrel crude prices dampen production of lighter crudes among shale plays, what will happen to refiners’ plans to export more barrels of lighter crudes? And as always, refiners will be affected by government regulations, particularly those that suppress demand, increase costs, or limit access to markets or supply.

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