More Oil & Gas Processing News

A new Gulf Coast paradigm

Dec 1, 2014

Following the reversal of Seaway Crude Pipeline System in 2012, a series of projects both in oil pipelines and storage has unlocked the crude oil bottleneck at Cushing, Okla., and connected the Gulf Coast-where nearly 47% of the US refining capacity resides-back to the Canadian, Midcontinent, and West Texas production centers on a massive scale.

OGJ Newsletter

Dec 1, 2014

International news for oil and gas professionals

US crude exports debate prompts a fresh look at the Jones Act

Dec 1, 2014

The Jones Act, which requires that maritime transportation of goods between domestic ports take place on US-flagged vessels, is becoming more prominent in the debate over whether to allow more US crude oil to be exported.

Legislative vote delays St. Croix refinery sale

Dec 1, 2014

The Senate of the 30th Legislature of the US Virgin Islands has voted unanimously to send back a proposed agreement that would provide for the restart of Hovensa LLC's idled 500,000-b/d refinery on the island of St. Croix to the legislative body's finance committee for further review.

Optimization yields gains for Saudi crude processing giant

Dec 1, 2014

Since 2000, Saudi Aramco has implemented an energy-conservation program to enhance efficiency throughout its operations. These efforts have paid off in energy savings valued in terms of cost/boe consumed internally that could otherwise be exported for profit.

Prospects for US crude exports to Asia are looking up

Dec 1, 2014

Within the next 3 to 4 years, the US can become an oil and condensate exporter capable of making available to the world market more than 1.5 million b/d of domestic crude and condensate along with 500,000-600,000 b/d of re-exported Canadian crude-a total liquids export volume on par with Kuwait.

Nelson-Farrar monthly cost indexes

Dec 1, 2014

Asia-Pacific refining primed for capacity growth

Dec 1, 2014

Global crude oil refining capacity in 2014 edged lower from 2013 (OGJ, Dec. 2, 2013, p. 34), according to the latest OGJ Refinery Survey.

Chapman to succeed Pryor as ExxonMobil Chemical president

Nov 24, 2014

Neil A. Chapman is expected to assume the roles of president of ExxonMobil Chemical Co. and vice-president of ExxonMobil Corp. following the retirement of Stephen D. Pryor on Jan. 1, 2015. Chapman has served as ExxonMobil Chemical’s senior vice-president, polymers since 2011.

OGJ Newsletter

Nov 24, 2014

International news for oil and gas professionals

Industry's eternal battle

Nov 24, 2014

Polling conducted by Gallup in August drilled home what most of us already knew: People don't like the oil and gas industry. Fifty-six percent of those polled had either a "somewhat negative" or "very negative" opinion of the industry.

Deloitte: More executives believe US can be self-sufficient in oil

Nov 24, 2014

More oil and gas executives are growing increasingly confident that the US will be self-sufficient in oil in 5-10 years, said a Deloitte survey titled, "2014 Oil & Gas Survey: The Next Chapter of the Energy Renaissance."

Deloitte: US gas supplies rebuilt since last winter, EIA's Sieminski says

Nov 24, 2014

The biggest issue this winter could be electricity generation in New England because of pipeline constraints rather than a drawdown of stored natural gas as happened last winter because of severe cold weather, said Adam Sieminski, administrator for the US Energy Information Administration.

WoodMac: Deepwater gulf production to reach 1.9 million boe/d in 2016

Nov 24, 2014

Production in the deepwater Gulf of Mexico is expected to reach a new peak of 1.9 million boe/d in 2016, according to the latest outlook from consultancy group Wood Mackenzie Ltd.

Mexico moving quickly to implement energy reforms, officials report

Nov 24, 2014

Mexico is moving quickly to implement its aggressive energy reforms, two officials of its government told a conference at the Woodrow Wilson International Center for Scholars.

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