More LPG Market News

Cracked pipe caused propane fire at Valero McKee refinery, CSB says

Jul 11, 2008 Water which leaked through a valve, froze and cracked an out-of-service section of piping was the likely cause of a Feb. 16, 2007 fire at a Texas oil refinery, the US Chemical Safety Board said.

CSB reveals likely cause of Valero refinery fire

Jul 10, 2008 The Feb. 16, 2007, fire at Valero Energy Corp.' McKee Refinery in Sunray, Tex., likely was caused by water that leaked through a valve, froze, and cracked an out-of-service section of piping, reported the US Chemical Safety Board July 9.

MARKET WATCH: Crude price falls by more than $5/bbl

Jul 9, 2008 Front-month crude futures fell more than $5/bbl July 8 in the biggest 1-day loss in 4 months in the New York market as the strengthening dollar and other economic factors triggered a sell-off of commodities.

IRS issues regs to encourage refinery expansions

Jul 8, 2008 The US IRS has issued temporary regulations and a notice of proposed rulemaking to encourage expansion of existing US refineries and construction of new plants as mandated by the 2005 Energy Policy Act.

OGJ Newsletter

Jul 7, 2008

US OLEFINS—FIRST-HALF 2008: High ethane demand tightens coproduct propylene supply

Jul 7, 2008 An increase in ethane cracking contributed to reduced coproduct propylene supply during first-quarter 2008.

French CGT accuses oil, petrochemical industries

Jul 2, 2008 The CGT Marseille regional chemicals trade union is making no bones about its intention of pursuing the rolling strike it has been conducting since mid-April.

MARKET WATCH: Supply worries push up energy prices

Jul 2, 2008 Crude prices climbed to a new high July 1 on the New York market as fear of a possible attack by Israel on Iran's nuclear facilities stoked worries of supply disruptions.

Inpex deciding where to process Ichthys gas

Jul 1, 2008 Japan's Inpex Holdings Inc. expects to make a decision by yearend on where to process gas from Ichthys field in the Browse basin off northwestern Western Australia.

Aramco, Total form Jubail Refining & Petrochemical

Jun 26, 2008 Saudi Aramco and Total SA agreed to create the Jubail Refining and Petrochemical Co. during third-quarter 2008 to develop a world-class refinery in Jubail, Saudi Arabia.

MARKET WATCH: Energy prices climb in uncertain market

Jun 25, 2008 Energy prices generally inched higher June 24 amid reports that Royal Dutch Shell PLC had restored production from its deepwater Bonga oil field off Nigeria.

Saudi Arabia again delays bids for Jizan refinery

Jun 23, 2008 Saudi Arabia has delayed for the third time a tender for bids for a projected 250,000-400,000 b/d refinery in the southwestern province of Jizan, according to local media.

SPECIAL REPORT: Global LPG markets react to high oil prices

Jun 23, 2008 High global oil prices, regional supply disruptions, project delays, regional demand increases, and slowing economies in many regions have all affected global LPG markets and trade.

SPECIAL REPORT: Global processing capacity flat; US construction pace quickens

Jun 23, 2008 Global natural gas production growth in 2007 was flat, with decline in Western Europe and nearly invisible increases in Eastern Europe, the FSU, Africa, and countries of Asia-Pacific.

SPECIAL REPORT: High energy prices: good or bad for NGLs?

Jun 23, 2008 Monthly average prices for crude oil have increased by a factor of five in less than 5 years since the end of 2003 and have nearly tripled in only the last 18 months.

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