More Oil & Gas Processing News

Conflict at depth

Jan 5, 2015

Under new management, the US Senate will make the Keystone XL pipeline its first order of business in 2015 and energy in general a focus of continuing attention. Those subjects do need work. Open questions are whether Republicans understand the depth of the conflict and are prepared to argue their positions at all levels.

Room in storage

Jan 5, 2015

Rapid growth of oil stocks-a physical manifestation of the surplus that began crushing crude prices in mid-2014-raises a question: How much empty space exists in which to store oil?

Yearly refinery construction indexes listed for 80+ years

Jan 5, 2015

Here are yearly values for the Nelson-Farrar refinery inflation cost index since 1926.

Essar commissions unit at Vadinar refinery

Jan 2, 2015

Essar Oil Ltd., a subsidiary of Essar Energy PLC, has commissioned a second hydrogen manufacturing unit (MHU) at its 405,000-b/d Vadinar refinery in Gujarat, India.

FERC approves Cheniere’s Corpus Christi Liquefaction project, pipeline

Jan 2, 2015

The US Federal Energy Regulatory Commission has authorized Cheniere’s Corpus Christi Liquefaction LLC and Cheniere Corpus Christi Pipeline LP to construct and operate their proposed 15-million ton/year (tpy) liquefaction plant, 400-MMcfd regasification terminal, and associated pipeline.

Eni, Saras strengthen integration of Sardinian processing plants

Jan 2, 2015

Versalis SPA, the wholly owned chemicals subsidiary of Eni SPA, has entered an agreement with Saras SPA subsidiary Sarlux SRL to formalize the sale of about 80% interest in units at Versalis’s petrochemical plant in Sarroch, on the southwestern coast of Sardinia, Italy.

Williams postpones Geismar ethylene sales

Dec 31, 2014

Williams Partners LP once again has postponed sales of ethylene production from its newly rebuilt Geismar, La., olefins plant amid ongoing efforts to fully commission the expansion and upgrading project following an explosion that hit the site in 2013.

CNPC lets contract for grassroots refinery

Dec 30, 2014

Yunnan Petrochemical Co. Ltd., jointly owned in part by PetroChina Co. Ltd.—the publicly listed arm of state-owned China National Petroleum Corp. (CNPC)—has let contracts to a subsidiary of Yokogawa Electric Corp. to provide control systems for a 200,000-b/d grassroots refinery in Yunnan Province in far southwestern China.

SOCAR consolidates Azerbaijani refining operations

Dec 29, 2014

State Oil Co. of Azerbaijan Republic (SOCAR) plans to shutter and subsequently merge processing activities at its Azerneftyag refinery with those of its nearby Heydar Aliyev (formerly New Baku) refinery at Baku in Azerbaijan.

Suncor wraps maintenance at Montreal refinery

Dec 24, 2014

Suncor Energy Inc. has concluded 3 months of planned maintenance at its 137,000-b/d Montreal, Que., refinery.

Vietnam, Japan sign MOU for grassroots Vietnamese refinery

Dec 23, 2014

State-run Vietnam National Petroleum Corp. (Petrolimex) and JX Nippon Oil & Energy Corp., a subsidiary of JX Holdings Inc., have signed a memorandum of understanding (MOU) to jointly develop a 10 million-tonnes/year refining and petrochemical complex to be located in Van Phong Economic Zone in Khanh Hoa Province, Vietnam.

Sasol secures financing for Louisiana petrochemical complex

Dec 23, 2014

Sasol Ltd. has completed a $4 billion credit facility for its proposed integrated ethane cracker and downstream derivatives complex to built adjacent to the company’s existing operations near Lake Charles in Westlake, La.

Regulators approve Unipetrol’s purchase of Czech refinery

Dec 22, 2014

Unipetrol AS’s plan to acquire soon-to-be former partner Eni SPA’s interest in Ceska Rafinerska AS (CRC) to become the plant’s sole owner would not violate state antitrust laws, the Czech Republic’s Office for the Protection of Competition (UOHS) said on Dec. 19.

Moody's: Russian oil-tax change helps exporters

Dec 22, 2014

A new adjustment to Russian oil and gas taxation will benefit oil companies that export most of their crude oil and high-grade oil products but hurt domestically focused producers, refiners, and petrochemical manufacturers, says Moody's Investors Service.

Barton introduces bill to remove US crude export limits

Dec 22, 2014

US Rep. Joe Barton (R-Tex.) introduced legislation that would remove US crude oil export limits that have been in place for nearly 40 years.

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