More Oil & Gas Processing News

Goodlatte reintroduces bills to repeal, reform RFS

Feb 5, 2015

Calling it “a true ‘kitchen table’ issue,” US Rep. Bob Goodlatte (R-Va.) reintroduced a pair of bills to address problems in the federal Renewable Fuels Standard. HR 703 would eliminate the RFS outright, while HR 704 would end the RFS’s corn-based ethanol quotas and bar the US Environmental Protection Agency administrator from approving introduction of gasoline with more than 10% ethanol.

Regulators approve Phillips 66’s California refinery improvement project

Feb 4, 2015

The governing board of California’s Contra Costa County has approved a permit for Phillips 66 to move forward with a proposed project that would enable enhanced recovery of marketable propane and butane at the Rodeo portion of its 120,000-b/d San Francisco refining complex.

CNOOC lets contract for Huizhou refinery expansion

Feb 3, 2015

CNOOC Oil & Petrochemicals Co. Ltd., a subsidiary of China National Offshore Oil Corp. (CNOOC), has let a contract to Porvair Filtration Group Ltd. (PFG), Fareham, Hampshire, UK, to provide filtering equipment for a coal-to-substitute natural gas (SNG) gasification plant to be built at its 12 million-tonne/year Huizhou refinery in Guangdong Province, China.

Williams reports another delay for Geismar ethylene sales

Feb 3, 2015

An unexpected maintenance setback in the final stages of start-up at Williams Partners LP’s newly rebuilt Geismar, La., olefins plant has led to another month-long delay for sales of ethylene production from the site.

MOL absorbs Eni’s Romanian retail assets

Feb 2, 2015

MOL Group, Budapest, has completed the acquisition of Eni Romania, including 42 service stations to be rebranded under the MOL name.

CNOOC subsidiary inks deal for grassroots refinery

Feb 2, 2015

Hebei Zhongjie Petrochemical Group Co. Ltd., a subsidiary of China National Offshore Oil Corp. (CNOOC), has entered into a $700 million agreement with Genoil Inc., Calgary, to establish a joint venture for the construction of a heavy oil refinery at Zhongie Industrial Park, Hebei Province, China.

Sasol lets contract for Louisiana petrochemicals plant

Feb 2, 2015

South Africa’s Sasol Ltd. has let a contract to GE Oil & Gas, Florence, Italy, to provide the main-compression trains required for a low-density polyethylene (LDPE) plant at its proposed integrated ethane cracker and downstream derivatives complex to be located adjacent to the company’s existing operations near Lake Charles in Westlake, La.

EnLink agrees to purchase Coronado Midstream for $600 million

Feb 2, 2015

EnLink Midstream has agreed to acquire Coronado Midstream Holdings LLC, which owns natural gas gathering and processing facilities in the Permian basin, for $600 million.

Data refute Lew's claims about taxes paid by producers

Feb 2, 2015

On the subject of taxation, administration officials count on the public to believe anything.

Near-term pipeline plans shrink, longer-term growth returns

Feb 2, 2015

Planned pipeline construction to be completed in 2015 slipped 30% from forecasts for 2014, with expected products, crude, and natural gas project completions all softer even as future planned mileage rose in all three categories and most regions.

Union strike under way at US refineries, petchem plants

Feb 2, 2015

The United Steelworkers Union (USW) has instituted a strike at nine US refining and petrochemical production plants following a breakdown in negotiations with oil companies over collective bargaining agreements due to expire on Jan. 31.

Novel upgrading technology cuts diluent use, capital costs

Feb 2, 2015

A novel bitumen upgrading process that decreases the amount of diluent required for pipeline transportation and reduces overall operating costs has been proven in a 100-b/d demonstration plant in Pennsylvania.

Modeling determines solvent applicability in SAGD

Feb 2, 2015

Solvents are used to increase production and reduce steam-to-oil ratio in steam-assisted gravity drainage

E&Y: Oil-price collapse to boost global M&A activity in 2015

Feb 2, 2015

The oil-price collapse will facilitate increased global transaction activity in 2015 as companies revise and implement new strategies, according to a quarterly report on the industry published by Ernst & Young.

Iran yields to Russia in talks over Caspian resources

Feb 2, 2015

Iranian acquiescence to Russia, to which the Islamic Repubic increasingly turns in response to pressure from the West, has become a standard feature of long-unresolved deliberations over jurisdiction and resource ownership in the Caspian Sea.

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