More LPG Market News
NPRA, other groups ask EPA for more ethanol tests
Dec 22, 2008
Fourteen organizations, including the National Petrochemical and Refiners Association, called on Dec. 18 for "unbiased and comprehensive testing" before the US Environmental Protection Agency permits the use of mid-level ethanol blends in engines.
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OGJ Newsletter
Dec 22, 2008
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Worldwide refining capacity growth rises again in 2008
Dec 22, 2008
In 2008, growth in crude distillation capacity continued to build on momentum of past years; refiners added more capacity than the past 2 years, according to the latest OGJ Refinery Survey.
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Services/Suppliers
Dec 22, 2008
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Equistar to temporarily idle olefins unit
Dec 18, 2008
Equistar Chemicals LP temporarily will idle its olefins unit at Chocolate Bayou, Tex., because of declining market and economic conditions. Equistar Chemicals is an indirect subsidiary of LyondellBasell.
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PNG LNG nears final project decisions
Dec 18, 2008
The Papua New Guinea LNG (PNG LNG) partners will make a final investment decision by yearend 2009 about proceeding with the ambitious LNG project on the Gulf of Papua near Port Moresby. Five trains might eventually be possible.
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Equatorial Guinea to set up gas processing hub
Dec 17, 2008
Equatorial Guinea plans to establish a gas gathering company to collect gas in the Gulf of Guinea and direct it to key projects in the nation, according to a senior official from the state owned gas company Sonagas.
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Costs rise despite economic slowdown, analysts say
Dec 17, 2008
Despite the global recession, costs of constructing upstream facilities have reached a record high, as have those for designing and constructing refining and petrochemical projects, according to IHS and CERA.
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Services/Suppliers
Dec 15, 2008
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OGJ Newsletter
Dec 15, 2008
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Special Reports: China, India lead growth in Asian refining capacity
Dec 15, 2008
Asian refining capacity continues to grow rapidly despite the effects of a suffering global economy.
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Special Report: Asia petchem expansions to 2015 increase demand for naphtha
Dec 15, 2008
A wave of ethylene investment will take place in Asia during 2009-11 with distinct peaks in early and late 2009.
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Petrobras gets loan for Revap refinery upgrades
Dec 14, 2008
Brazil's Petrobras has borrowed ¥750 billion from a consortium of Japanese banks to finance its investments in the 226,000-b/d Henrique Lage (Revap) refinery.
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NPRA sees flaws in regulating greenhouse gases under Clean Air Act
Dec 12, 2008
Attempts to regulate greenhouse gases under the Clean Air Act would have numerous potentially harmful consequences, the National Petrochemical & Refiners Association told the US Environmental Protection Agency.
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MARKET WATCH: Oil futures price falls to $42.07/bbl
Dec 10, 2008
Crude oil prices on the New York Mercantile Exchange slipped to just above $42/bbl on Dec. 10 on the release of a short-term outlook by the US Energy Information Administration.
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