More Oil & Gas Processing News

Patel appointed as LyondellBasell’s chief executive officer

Dec 18, 2014

LyondellBasell has chosen Bhavesh V. Patel to serve as its chief executive officer effective Jan. 12, 2015. He succeeds James L. Gallogly, who will retire.

Construction under way for Texas ethane cracker

Dec 17, 2014

Ingleside Ethylene LLC, a 50-50 joint venture of Occidental Chemical Corp. (OxyChem) and Mexichem SAB de CV (Mexichem), has started construction on a planned ethane cracker to be built at OxyChem’s existing plant in Ingleside, Tex.

Cooper to buy 50% of offshore Gippsland Sole gas field

Dec 17, 2014

Cooper Energy Ltd., Adelaide, has bought a 50% interest in the offshore Gippsland Sole dry gas field in retention lease Vic/RL3 as well as 50% of the Orbost onshore gas plant in eastern Victoria from Santos Ltd.

ExxonMobil lets contract for Antwerp refinery

Dec 17, 2014

ExxonMobil Petroleum & Chemical BVBA has let an engineering, procurement, and construction contract to Fluor Corp. for a delayed coker to be installed at its 320,000-b/d Antwerp refinery.

BPC report examines 40 possible options to reform RFS

Dec 16, 2014

The Bipartisan Policy Center issued a report outlining 40 possible options for reforming the federal Renewable Fuels Standard in an effort to move discussion of the controversial program beyond simply preserving or scrapping it.

Turkish refinery secures Canadian financing

Dec 16, 2014

Export Development Canada (EDC) said it is participating as lead arranger in the $3.3 billion debt-financing consortium supporting STAR Rafineri AS’s planned 214,000-b/d SOCAR Turkey Aegean Refinery (Star) in Aliaga, Turkey.

Angola’s Sonangol secures $2 billion loan for refinery, other projects

Dec 15, 2014

China Development Bank (CDB) has extended a $2 billion line of credit to state-owned Sonangol EP to support expansion projects in Angola’s oil and gas sector.

Pertamina plans $25 billion revamp of Indonesian refineries

Dec 15, 2014

PT Pertamina (Persoro) has entered agreements with Saudi Aramco, JX Nippon Oil & Energy Corp., and China Petroleum & Chemical Corp. (Sinopec) to undertake a 10-year, $25 billion plan to modernize five of Pertamina’s Indonesian refineries as part of an initiative to ensure long-term energy security for the country.

Study: To cool climate, eat less less meat, milk

Dec 15, 2014

Meeting stated goals for Earth's climate requires not only using pricey energy but also spurning animal protein.

Eagle Ford economic boost jumps to $87 billion

Dec 12, 2014

The Texas Eagle Ford shale supported more than 155,000 full-time equivalent jobs and provided more than $2.2 billion in revenue for local governments and the state in 2013, according to a study by the University of Texas at San Antonio (UTSA).

EnCana, Talisman optimist on Montney, Duvernay

Dec 12, 2014

EnCana Corp. has achieved significant cost savings in the Montney and Duvernay plays, executives told analysts while discussing EnCana's third-quarter earnings conference.

EPA approves Magellan’s Corpus Christi splitter project

Dec 12, 2014

The US Environmental Protection Agency has issued a final greenhouse gas prevention of significant deterioration construction permit to Magellan Processing LP, a wholly owned subsidiary of Magellan Midstream Partners LP, for a $400 million condensate splitter project to be located at the company’s existing bulk petroleum storage terminal in Corpus Christi, Tex.

West Cornwall Township hears from Sunoco Logistics

Dec 12, 2014

Sunoco Logistics Partners outlined its safety systems during a West Cornwall Township meeting in Pennsylvania on Nov. 10.

ETP eyes larger capacity for planned Bakken pipe

Dec 12, 2014

Energy Transfer Partners LP has launched a binding expansion open season to boost capacity on a planned pipeline system that would move oil from the Bakken and Three Forks shales in North Dakota to the Midwest and Gulf Coast.

Common interests lead to Gtuit, Corval partnership

Dec 12, 2014

Gtuit was started 3 years ago by three engineers in Billings, Mont, who developed a mobile, remote NGL capture and gas conditioning system.

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