More Oil & Gas Processing News

First-quarter earnings increase amid mixed factors

May 26, 2014

A sample of 59 US-based oil and gas producers and refiners collectively posted first-quarter earnings of $22.7 billion, a decrease of 11% from the same quarter in 2013.

FGE: Japan likely to see further cuts to refining capacity

May 22, 2014

A 2010 ordinance enacted by Japan’s Ministry of Economy, Trade, and Industry (METI) requiring Japanese refiners to raise their mandatory cracking-to-crude distillation capacity ratio has succeeded in slashing the country’s refining capacity, but further cuts are likely to occur by 2018, says Facts Global Energy (FGE).

API: US petroleum demand hits 4-year high in April

May 22, 2014

Total US petroleum deliveries, a measure of demand, increased 2.3% from April 2013 to average 19 million b/d this April, the highest April deliveries in 4 years, the American Petroleum Institute said in its monthly statistical report.

Gazprom Neft advances revamp of Omsk refinery

May 22, 2014

JSC Gazprom Neft has let a contract for project management consultancy (PMC) services to KBR for the construction of an advanced oil processing complex at its 286,160 b/cd Omsk refinery in Western Siberia, Russia. The contract is part of a major renovation program of the largest operating refinery in Russia.

Hess completes expansion of Tioga gas plant in North Dakota

May 21, 2014

Hess Corp. has completed the expansion of its Tioga gas plant in northwestern North Dakota.

More cryo capacity to handle Permian production

May 21, 2014

Lucid Energy Group LLC, Dallas, will install a 200-MMcfd cryogenic gas plant about 10 miles southeast of Big Lake in Reagan County, Tex., a site the company says is in the “heart of the Permian’s Midland basin.”

CNPC, Rosneft plan to push forward on Tianjin refinery project

May 20, 2014

China National Petroleum Corp. reported meeting with OAO Rosneft on May 15 to discuss “deepening strategic cooperation” in oil and gas.

Vietnam’s sole refinery enters planned maintenance

May 20, 2014

Binh Son Refining & Petrochemical Co. Ltd. has shuttered its 140,000-b/d Dung Quat refinery in Quang Ngai Province, Vietnam, for 2 months of planned maintenance.

Indonesia orders study for South Sumatra refinery revamp

May 20, 2014

PT Pertamina of Indonesia has selected Axens to develop a bankable feasibility study for the modernization and capacity expansion of the state-owned oil company’s Plaju refinery in Palembang, South Sumatra.

Preem restarts units at Swedish refinery

May 19, 2014

Swedish refiner Preem Petroleum AB, a wholly owned subsidiary of Corral Petroleum Holdings AB, Stockholm, has completed repairs to and restarted two units at its 210,000-b/d Lysekil, Sweden, refinery.

OMV completes butadiene plant upgrade at Austrian refinery

May 19, 2014

OMV AG has completed the extension of a butadiene plant at its 203,900-b/d Schwechat refinery in Austria.

Partners enter next phase for North Reggane gas project

May 19, 2014

Partners in the $3 billion North Reggane natural gas project in west-central Algeria have let a $976 million contract with Petrofac International (UAE) LLC.

EPA gives nod for ExxonMobil’s Texas ethylene cracker project

May 16, 2014

The Environmental Appeals Board (EAB) for the US Environmental Protection Agency has approved a permit granted to ExxonMobil Chemical Co. to proceed with plans to build a natural gas-fired ethylene production unit at its existing olefins plant in Baytown, Tex., just east of Houston.

Contract let for Egypt’s Tahrir petrochemical complex

May 16, 2014

Carbon Holdings Ltd. (CHL) of Egypt has let a contract to Drake & Scull International PJSC (DSI) for engineering, procurement, construction, and commissioning (EPCC) activities related to utilities and offsite installations for the Tahrir petrochemical complex planned at Ain Sokhna, Egypt.

State error delays permitting for Montana refinery project

May 16, 2014

The Montana Department of Environmental Quality (DEQ) is reopening the public comment period for a preliminary decision to approve an air quality permit for Calumet Specialty Products Partners LP’s low-sulfur fuels expansion project at its 10,000-b/d refinery along the Missouri River in Great Falls, Mont., following a notification oversight by the state agency.

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