More LPG Market News

Riverstone to buy Gibson Energy

Aug 11, 2008 Private equity funds manager Riverstone Holdings LLC plans to acquire Gibson Energy Holdings Inc., a midstream company, from Hunting PLC.

Nexen updates Long Lake SAGD project progress

Aug 11, 2008 Phase 1 of the Long Lake steam-assisted gravity drainage (SAGD) and upgrading project in the Athabasca region of northern Alberta continues its ramp-up, as explained in a recent Nexen Inc. presentation.


Aug 11, 2008

Petroecuador looking to upgrade Esmeraldas refinery

Aug 7, 2008 Ecuador's Petroecuador, eyeing improved output from its Esmeraldas refinery, is negotiating a contract with Chiyoda for the rehabilitation and modernization of the facility, according to media reports.

Nizhnekamsk refinery upgrade progresses

Aug 6, 2008 The Nizhnekamsk refinery, 250 km from Tatarstan's capital city of Kazan, will have a refining capacity of 7 million tonnes/year following upgrade efforts currently under way (OGJ, Sept. 25, 2006, Newsletter).

MARKET WATCH: Energy prices tumble, with crude below $120/bbl

Aug 6, 2008 Energy prices continued to tumble with oil closing below $120/bbl for the first time since early May, amid indications of slower US economic growth and lack of major disruption of Gulf Coast oil and gas production.

Menzel Ledjmet East output goal is mid-2011

Aug 4, 2008 The target for first hydrocarbons production from the $1.3 billion Menzel Ledjmet East development in eastern Algeria's Berkine basin is the second quarter of 2011, said First Calgary Petroleums.

A week of falling prices

Aug 4, 2008 The biggest ever work-week fall of crude prices dropped a total $16.20 July 14-18 to $128.88/bbl, “below key price points that bulls may have needed to hold onto to continue their rally,” said analysts at Pritchard Capital Partners LLC, New Orleans.

MARKET WATCH: Crude prices fall, wiping out gains

Jul 30, 2008 Crude and petroleum product futures prices fell July 29, wiping out all gains from the previous session.

A week of falling prices

Jul 28, 2008 The biggest ever work-week fall of crude prices dropped a total $16.20 July 14-18 to $128.88/bbl.

Special Report: Worldwide ethylene capacity increases 2 million tpy in 2007

Jul 28, 2008 Ethylene producers added a net 2 million tonnes/year (tpy) of capacity in 2007, according to the latest ethylene survey.

OGJ Newsletter

Jul 28, 2008

Taiwan to invest in Canadian oil sands development

Jul 23, 2008 Taiwan's state-owned CPC Corp. has signed an MOU with Canadian-based Indian Oilsands Corp., paving the way for a possible partnership on oil sands development in Alberta.

PetroVietnam lets Nghi Son refinery design contract

Jul 22, 2008 State-owned PetroVietnam has awarded Foster Wheeler a contract to design the 200,000 b/d Nghi Son refinery and petrochemical project, effective July 18.

PetroRabigh refinery upgrades near completion

Jul 21, 2008 PetroRabigh, a joint venture of Aramco and Sumitomo Chemicals, plans to complete the $10 billion upgrades to its 400,000 b/d refinery and petrochemical complex in Rabigh in the fourth quarter.

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