More Oil & Gas Processing News

Oil-demand curve's flattening adds to pressure on OPEC

Jun 5, 2015

When leaders of the Organization of Petroleum Exporting Countries meet in Vienna on June 5, they should heed a stern signal from the oil market.

Total advances plan for grassroots steam cracker at US Gulf Coast

Jun 4, 2015

Total Petrochemicals & Refining USA Inc. is progressing on its previously announced plan to build a new steam cracker to be tied in with its current refining and petrochemical production operations at the US Gulf Coast.

Dakota Prairie refinery delivers first diesel, mulls expansion

Jun 4, 2015

Dakota Prairie Refining LLC, a joint venture of MDU Resources Group Inc., Bismarck, ND, and its 50-50 partner Calumet Specialty Produces Partners LP, Indianapolis, has started the first sales of commercial diesel from production at its recently commissioned refinery in North Dakota.

Tidewater Midstream to buy Pembina area gas plant, pipelines

Jun 3, 2015

Tidewater Midstream & Infrastructure Ltd., Calgary, will pay $180 million (Can.) to unspecified “private company vendors” to purchase their 63% operated working interest in an unnamed 185-MMcfd natural gas processing plant in West Pembina along with related pipelines in central Alberta.

Incoming AFPM president outlines challenges ahead

Jun 3, 2015

When incoming American Fuel & Petrochemical Manufacturers Pres. Chet Thompson expresses concern that the US Environmental Protection Agency is acting too aggressively, it’s not because AFPM’s refining and petrochemical member companies can’t handle government oversight.

Hawaiian refinery inks supply deal

Jun 2, 2015

Hawaii Pacific Energy LLC, a subsidiary of Houston-based Par Petroleum Corp., has entered a crude oil supply and product offtake agreement with J. Aron & Co., the commodity trading arm of Goldman Sachs, for its 94,000-b/d refinery in the Campbell Industrial Park in Kapolei, 20 miles west of Honolulu, Ha., on the island of Oahu.

Z Energy to buy Chevron New Zealand for $785 million (NZ)

Jun 2, 2015

Z Energy Ltd., the downstream petroleum entity headquartered in Wellington, has acquired Chevron New Zealand for $785 million (NZ).

EPP acquires Eagle Ford midstream assets

Jun 1, 2015

Enterprise Products Partners LP (EPP), Houston, has executed agreements to purchase all of the member interests in EFS Midstream LLC from affiliates of Pioneer Natural Resources Co., Irving, Tex., and Reliance Industries Ltd., Mumbai, for $2.15 billion. The companies announced last year their desire to divest EFS Midstream.

Once more into the breach...

Jun 1, 2015

Oil & Gas Journal's 2015 Worldwide Gas Processing Report, which starts on p. 58, is my 31st effort to update OGJ readers. It's also my last.

FOURTH-QUARTER 2014 FIRST-QUARTER 2015: Oil price collapse will slow midstream's growth

Jun 1, 2015

In the second article of this new series on midstream industry trends and developments, discussion shifted from a 10-year review to an analysis of quarterly trends in US gas plant NGL production, domestic demand, and LPG exports. That second article also reviewed the expansion of the NGL raw-mix pipeline grid during 2009-13.

Coast Guard cadets summoned to battle climatological foe

Jun 1, 2015

Confusion evident in President Barack Obama's commencement address at the Coast Guard Academy raises a question bearing on American foreign policy: Is it possible the administration has let its obsession with global warming skew relationships with oil-producing allies?

Turkish Stream offers Russia increased export control

Jun 1, 2015

Estimates have the European Union importing 49% more gas in 2035 than in 2012.1 Russia would like to secure as much of this market as possible.

Ohio weighs post-production costs, royalty calculations

Jun 1, 2015

Post-production cost deductions are a common source of royalty litigation. Local lease-interpretation rules determine whether particular deductions are proper and defensible in court. Different jurisdictions, however, follow different rules to different ends.

SERVICES | SUPPLIERS

Jun 1, 2015

North American fractionating, splitting projects advance

Jun 1, 2015

Recent clarifications by the US Bureau of Industry regarding the export of condensate amid growing supplies of domestic oil and gas shale production have sustained expansions of fractionation and splitting capacity by US and Canadian operators.

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