More Gas Capacities News

Part 2-Refining dynamics counter public misperceptions

Sep 10, 2007 Some have argued that refiners’ recent high income levels are excessive. However, oil refining is a highly capital-intensive industry needing large profits to compensate companies for huge investments.

FTC: Market factors explain ’06 gasoline price spurt

Sep 10, 2007 Market factors ranging from reduced refining capacity to higher crude oil and ethanol prices led to dramatically higher gasoline prices in the late spring and early summer of 2006, the US Department of Justice’s antitrust division and the Federal Trade Commission jointly concluded on Aug. 30.

Part 1-Complex factors cause recent gasoline price run-ups

Sep 3, 2007 During 1999-2006, US gasoline prices almost tripled, shocking consumers and spurring public debate about the causes of the increase.

OGJ Newsletter

Sep 3, 2007

PERSONNEL MOVES AND PROMOTIONS: ConocoPhillips announces management changes

Aug 27, 2007 ConocoPhillips has announced changes in several management positions effective Sept. 1.

OGJ Newsletter

Aug 27, 2007

SPECIAL REPORT: Middle East condensate production will complicate refining operations

Aug 27, 2007 Condensate production, especially in the Middle East, will rise substantially in the next few years.

SPECIAL REPORT: Identifying sources key to detailed troubleshooting of amine foaming

Aug 27, 2007 Investigation and troubleshooting of foaming in two Saudi Aramco amine sweetening facilities reduced reliance on continuous antifoam injection at the company’s Berri gas plant by identifying the source of the problem.

BP will not raise discharge limits at Whiting refinery

Aug 24, 2007 BP America Inc. on Aug. 23 promised to operate its 399,900 b/cd Whiting, Ind., refinery to meet the lower discharge limits specified in its previous wastewater treatment permit.

NPRA: US refining capacity climbed 0.6% in 2006

Aug 22, 2007 US refining capacity grew 0.6% during 2006 to 17.4 million b/cd of distillation capacity and 18.4 million b/sd as of Jan. 1, reported NPRA in its annual refining and storage report.

China fills first SPR site, faces oil, pipeline issues

Aug 20, 2007 After 10 years of indecision, China is building a strategic petroleum reserve (SPR) to protect against possible oil supply cutoffs and is addressing the companion issues of securing sufficient oil and improving the country’s pipeline and refining infrastructure to accommodate the reserves.

InterOil gauges gas at Elk-2 appraisal well

Aug 17, 2007 InterOil Corp., Toronto, said it has achieved positive results from its Elk-2 appraisal well on PPL 238 in Papua New Guinea.

Reincarnated Antero Resources gets funds

Aug 15, 2007 A reborn Antero Resources has secured a $1 billion line-of-equity funding program it plans to use to develop nonconventional resource plays in the US Midcontinent and Rocky Mountains.

Analyst sees end to Iranian gasoline crisis by 2012

Aug 13, 2007 Iran’s potentially destabilizing shortage of gasoline will ease by 2012, according to a veteran observer of the country’s oil industry.

OGJ Newsletter

Aug 6, 2007

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