TNK-BP said it will invest $537 million to add isomerization and cat-cracked gasoline hydrotreating capacity at its 340,000 b/d Ryazan refinery about 120 miles southeast of Moscow.
The upgrade will provide for total production of Euro-5 motor fuels. Currently, 49% of the refinery’s fuels meet that standard.
CNOOC lets contract for Huizhou refinery expansion
02/03/2015
CNOOC Oil & Petrochemicals Co. Ltd., a subsidiary of China National Offshore Oil Corp. (CNOOC), has let a contract to Porvair Filtration Group ...
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Williams reports another delay for Geismar ethylene sales
02/03/2015
An unexpected maintenance setback in the final stages of start-up at Williams Partners LP’s newly rebuilt Geismar, La., olefins plant has led to an...
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MOL absorbs Eni’s Romanian retail assets
02/02/2015
MOL Group, Budapest, has completed the acquisition of Eni Romania, including 42 service stations to be rebranded under the MOL name. |
CNOOC subsidiary inks deal for grassroots refinery
02/02/2015
Hebei Zhongjie Petrochemical Group Co. Ltd., a subsidiary of China National Offshore Oil Corp. (CNOOC), has entered into a $700 million agreement w...
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Sasol lets contract for Louisiana petrochemicals plant
02/02/2015
South Africa’s Sasol Ltd. has let a contract to GE Oil & Gas, Florence, Italy, to provide the main-compression trains required for a low-densit...
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EnLink agrees to purchase Coronado Midstream for $600 million
02/02/2015
EnLink Midstream has agreed to acquire Coronado Midstream Holdings LLC, which owns natural gas gathering and processing facilities in the Permian b...
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Union strike under way at US refineries, petchem plants
02/02/2015
The United Steelworkers Union (USW) has instituted a strike at nine US refining and petrochemical production plants following a breakdown in negoti...
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Chinese plant commissions propylene unit
01/30/2015
Sanyuan Petrochemical Co. Ltd. (SPCL), a subsidiary of Zhejiang Fuling Holding Group, has commissioned a 450,000-tonne/year propane dehydrogenation...
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Shell, Iraq ink deal for petrochemicals complex
01/29/2015
Royal Dutch Shell PLC has entered a preliminary agreement with Iraq to construct an $11-billion grassroots petrochemicals complex in the country’s ...
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When
Fri, Mar 20, 2015
Oil & Gas Journal’s March 20, 2015, webcast will look at how global LNG trade will be affected over the next 12-24 months by falling crude oil prices and changing patterns and pressures of demand. Will US LNG production play a role in balancing markets? Or will it add to a growing global oversupply of LNG for markets remote from easier natural gas supply? Will new buyers with marginal credit, smaller requirements, or great need for flexibility begin to look attractive to suppliers? How will high-cost, mega-projects in Australia respond to new construction cost trends?
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When
Fri, Mar 6, 2015
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. This event is sponsored by Leidos Engineering.
Fri, Feb 6, 2015
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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Fri, Jan 30, 2015
The Forecast & Review/Worldwide Pipeline Construction 2015 Webcast will address Oil & Gas Journal’s outlooks for the oil market and pipeline construction in a year of turbulence. Based on two annual special reports, the webcast will be presented by OGJ Editor Bob Tippee and OGJ Managing Editor-Technology Chris Smith.
The Forecast & Review portion of the webcast will identify forces underlying the collapse in crude oil prices and assess prospects for changes essential to recovery—all in the context of geopolitical pressures buffeting the market.
