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Processing 2014 P1

  • 04/01/2014 -- Magellan Midstream to build condensate splitter
    Pipeline operator Magellan Midstream Partners LP, Tulsa, reported it will spend $250 million to build a 50,000 b/d capacity condensate splitter and other facilities at its Corpus Christi, Tex., terminal, which serves the Eagle Ford shale.
  • 04/01/2014 -- Crestwood Midstream to expand Permian Delaware basin gathering, processing
    Crestwood Midstream Partners LP, Houston, will expand its Willow Lake project in the Permian Delaware basin, the company reported. Phase 2 includes converting a portion of its Las Animas gas-gathering system into rich-gas service and building cryogenic gas processing.
  • 03/31/2014 -- ORPIC lets contract for ethylene plant
    Oman Oil Refineries & Petroleum Industries Co. (ORPIC) has let a contract to CB&I to provide ethylene technology and front-end engineering and design (FEED) services for its proposed Liwa Plastics Project (LPP) at the Sohar Industrial Port Area in Oman.
  • 03/28/2014 -- Ethane supply secured for proposed W.Va. ethylene cracker
    Brazil-based Odebrecht SA subsidiary Odebrecht Oil & Gas SA has let a contract to Antero Resources Inc. to become the anchor ethane supplier for the joint-venture’s proposed Appalachian Shale Cracker Enterprise (Ascent) petrochemical complex in Wood County, W.Va.
  • 03/28/2014 -- Ineos lets contract for Grangemouth ethane terminal
    Ineos Europe AG, Switzerland, said it has reached the latest milestones in its $500 million survival plan to import US shale gas to its 210,000-b/d Grangemouth, Scotland, refinery and petrochemical complex.
  • 03/27/2014 -- Maintenance underway at Jamnagar refinery
    Reliance Industries Ltd. (RIL) has shut down one of three paraxylene units for planned maintenance at its 660,000-b/d Jamnagar refinery at Gujarat, India.
  • 03/27/2014 -- Petronas progresses on RAPID project
    BMT Asia-Pacific Pte. Ltd. (BMT), a subsidiary of BMT Group Ltd., has completed a concept design for the material offloading facility (MOLF) at state-run Petronas’ proposed refinery and petrochemical integrated development (RAPID) complex at Pengerang in southeast Johor, Malaysia.
  • 03/27/2014 -- ENOC lets contract for Jebel Ali refinery upgrade
    Emirates National Oil Co. (ENOC) has let a front-end engineering and design (FEED) contract to KBR for the upgrade of its 120,000-b/d condensate refinery at Jebel Ali in the Jebel Ali Free Zone, Dubai.
  • 03/26/2014 -- TonenGeneral slashes crude capacity at Chiba refinery
    TonenGeneral Sekiyu KK said it plans to cut crude oil processing capacity at its 175,000-b/d Chiba refinery Keiyo, Japan, to comply with a 2010 ordinance enacted by Japan’s Ministry of Economy, Trade, and Industry (METI) requiring Japanese refiners to raise their mandatory cracking-to-crude distillation capacity ratio to 13% or higher from 10% by March 2014.
  • 03/26/2014 -- Idemitsu Kosan restarts ethylene unit, permanently idles crude unit
    Idemitsu Kosan Co. Ltd. has restarted operations at its Tokuyama petrochemical complex in Japan after an earthquake off the island of Kyushu resulted in the shutdown of all units at the facility on Mar. 14.
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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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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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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.
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