More Gas Processing News

OGJ NEWSLETTER

Dec 10, 1990 Glimmers of peace in the Persian Gulf and softening market fundamentals have sent oil prices to their lowest level in more than 3 months. Bearish factors include Iraq's agreement to hold high level diplomatic talks with the U.S., reports Iraq might release all foreign hostages and Saddam might withdraw from Kuwait if he can keep Rumaila oil field, and a growing consensus that oil supply/demand will balance in the fourth quarter and beyond.

FIELD PROCEDURE MONITORS COMPRESSOR PERFORMANCE

Dec 10, 1990 M. Theodore Gresh Elliott Co. Jeannette, Pa. A field procedure is available to monitor and verify the performance of refrigeration compressors equipped with side ports. Side ports are installed on a compressor in addition to the main suction port so that the compressor can pick up loads at intermediate pressures between suction and discharge pressure. Using side ports allows higher efficiency operation of a refrigeration system where several loads are encountered at different temperature

U.S. BRIEFS

Dec 10, 1990 WESTERN GAS PROCESSORS LTD Denver, signed a letter of intent to buy Amoco Production Co.'s 49 MMcfd Edgewood gas processing plant and related production about 35 miles northwest of Tyler, Tex., for $36 million. Closing, expected by Feb. 1, 1991, depends on satisfactory outcome of an environmental audit under way. Western also signed a contract with Dallas Production Inc., Dallas, to gather and process its gas near the plant.

VENEZUELA'S LAGOVEN DETAILS 1995-96 GOALS

Dec 17, 1990 Venezuela's Lagoven SA has outlined its operating goals for the mid-1990s. Lagoven, the biggest operating unit of state oil company Petroleos de Venezuela SA, plans to hike its crude oil productive capacity to 1.63 million b/d by yearend 1996 from about 1.115 million b/d projected at yearend 1990. Lagoven Pres. Julius Trinkunas estimates Lagoven crude production will average 1.445 million b/d in 1996, compared with the current 863,000 b/d. Venezuela is targeting an increase in its

INTERNATIONAL BRIEFS

Dec 17, 1990 THE U.S.S.R. signed a contract with Greece's state gas company for construction of a 500 km long trunk pipeline to begin moving Soviet gas in 1993. Gas will be delivered from a point near Izmail on the Soviet-Romanian border, through Romania and Bulgaria to Thessalonika in northern Greece. Soviet crews will work on the trunk line. Quality of their work will determine Greece's later choice of partners for distribution lines in Athens and other cities. Greece in 1988 signed a 25 year

SHELL BERRE STEAM CRACKER BLAST CAUSE CITED

Dec 17, 1990 Investigators have pinpointed the cause of a February 1990 blast that crippled Shell Chemie's Berre, France, olefins complex steam cracker. The 420,000 ton/year unit was knocked out for 5 months. A Shell commission working with outside specialists cited the buildup of brown red gum deposits in the cracker's cold box as the cause of the explosion. They concluded the gum was formed by nitrogen oxide contamination of noncondensable gases in the unit's catalytic cracker-used since 1982

MAJOR EAST GERMAN PLANTS ENTER EEC REFINING NETWORK

Dec 24, 1990 L. R. Aalund Managing Editor-Technology The reunification of Germany has brought some 22 million tons/year or 435,000 b/d of crude oil processing capacity into the European Economic Community from the former German Democratic Republic or East Germany. Most of this-16.2 million tons or 323,000 b/d-comes from two refineries, PCK AG Schwedt and Leuna-Werke AG. Both have entered a period that will test their survival, at least as independent enterprises in their present configurations (OGJ, Oct.

U.S. BRIEFS

Dec 24, 1990 FREEPORT MCMORAN INC., New Orleans, plans to sell at least $750 million in assets by mid-1991, including at least $600 million worth of oil and gas leases, to reduce debt. The company intends to reduce Freeport-McMoRan Copper Co. Inc.'s ownership of Freeport Indonesia Inc. to 80% from 91.1% and said it expects its long term debt to be about $1.6 billion by yearend 1991. BAKER HUGHES INC., Houston, ended talks involving the sale of its Baker Hughes Tubular Services Inc. unit. Baker Hughes

SUPPLY, MIDEAST SEEN RULING LPG MARKETS

Dec 31, 1990 Burgeoning supplies of crude oil and liquefied petroleum gas have become the dominant price influences in U.S. LPG markets, But if the Middle East erupts in war, a revival of supply jitters could reverse fundamentally based price declines, Petral Consulting Co. says in a study of North American LPG markets. The Houston firm predicts spot prices for West Texas intermediate will remain at more than $30/bbl through January 1991, then decline to $28/bbl in February and $22-23/bbl in April before

DUAL COATING SYSTEM USED ON CALIFORNIA REFINERY LINE

Dec 31, 1990 Mobil Oil Inc. selected a new pipeline combination-coating system for pipelines near its Torrance, Calif., refinery. The system was selected to address the severe conditions of high operating temperatures within the pipeline and severe terrain and weather conditions affecting the pipe exterior. Mobil Oil produces crude oil from a large oil field in the San Joaquin Valley, Kern County, about 150 miles north of Los Angeles. One of the company's major crude-oil pipelines crosses desert,

POINT ARGUELLO CRUDE TRANSPORT TAKING SHAPE

Dec 31, 1990 Celeron Corp. has completed work on its All American Pipeline (AAPL) that enables the system to carry offshore California crude to inland California or West Texas. Meantime, Unocal Corp. confirmed it intends to use crude from giant Point Arguello field off California solely as feedstock for its Santa Maria refinery at Arroyo Grande, Calif. The method of transporting Point Arguello crude to market has been the focus of controversy that has blocked production start-up of the $2.5 billion project

U.S. BRIEFS

Dec 31, 1990 UNOCAL CORP. will build a 55,000 b/d fluid catalytic cracker feed hydrotreater, hydrogen plant, and sulfur recovery units at its Wilmington, Calif., refinery. The $515 million project, scheduled to go on stream in late 1993, will enable Unocal to produce reformulated gasolines and reduce sulfur oxide emissions at the FCC unit. HIGH PLAINS CORP., Wichita, Kan., expects to complete expansion in January of its Colwich, Kan., ethanol plant, which will hike production to 15 million gal/year from 10

OGJ NEWSLETTER

Dec 31, 1990 Expect record earnings for oil companies in the fourth quarter, says Merrill Lynch.

MODERN FUEL BLENDING-1 BLENDING TECHNOLOGY KEY TO MAKING NEW GASOLINES

Mar 18, 1991 Yalcin Serpemen, Fritz W. Wenzel Veba Oel Technologie GmbH Gelsenkirchen, Germany Alfred Hubel Veba Oel AG Gelsenkirchen, Germany Advanced gasoline blending technology employed at one of Europe's most complex refineries can help meet the major and economic demands of making reformulated gasoline.

U.S. BRIEFS

Mar 18, 1991 AMOCO CHEMICAL CO. plans to replace the catalyst at its 500 million lb/year Cedar Bayou, Tex., polypropylene plant with an Amoco high yield catalyst. It will begin the upgrade in second quarter and expects to complete it in mid-1992. Amoco said the new catalyst will not affect capacity but will improve product quality and reduce air, water, and solid emissions.

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