More Oil & Gas Processing News

Ergon plans processing expansions in Appalachian basin

Jul 2, 2014

Ergon Inc., Jackson, Miss., has announced plans to expand processing capabilities of its subsidiaries’ operations in the Appalachian basin to support growing condensate and NGL production from the Marcellus and Utica shale regions.

ExxonMobil plans to install coker at Antwerp refinery

Jul 2, 2014

ExxonMobil Corp. has reported it will invest $1 billion to install a delayed coker unit at its 320,000-b/d Antwerp, Belgium, refinery.

PDVSA lets contract for Puerto La Cruz refinery project

Jul 1, 2014

Petroleos de Venezuela SA (PDVSA) has let a contract to a consortium led by Hyundai Engineering & Construction Co. Ltd. for the expansion and modernization of its 190,000-b/d Puerto La Cruz refinery in eastern Venezuela.

Contracts let for Russian refinery modernization

Jul 1, 2014

NefteGazIndustriya LLC, through a project developer, has let contracts to CB&I, Houston, to provide technology licenses and front-end engineering and design services for the modernization of its 72,000-b/d Afipsky refinery in Krasnodar, Russia.

OMV completes sale of Bayernoil interest

Jul 1, 2014

OMV AG has closed the sale of its 45% interest in the Bayernoil refining complex near Ingolstadt, Germany, and related businesses to Varo Energy BV.

AFPM’s Drevna says more clarity needed on future condensate exports

Jun 30, 2014

The oil and gas industry awaits greater clarification from the US Department of Commerce’s Bureau of Industry and Security (BIS), which recently issued private rulings for two companies concerning condensate specifications and possible exports.

Puma to buy InterOil’s downstream Papua New Guinea businesses

Jun 30, 2014

Singapore-based Puma Energy Group Pte. has acquired the InterOil Corp. subsidiaries holding the company’s Papua New Guinea refining and petroleum products distribution businesses for $525.6 million.

API: US production outpaced petroleum demand in May

Jun 30, 2014

US crude oil production in May increased 14.7% from May 2013 to 8.3 million b/d - the highest level for the month since 1987 - according to a report from the American Petroleum Institute.

ICF: US needs ethane export capacity to sustain shale gas boom

Jun 30, 2014

Greater investment in infrastructure is needed to ensure that rising NGL production in the US can reach international markets. Without it, a glut will form, placing downward pressure on prices and eroding the economics of shale gas drilling.

ExxonMobil lets contract for Texas Gulf Coast ethylene project

Jun 27, 2014

ExxonMobil Corp. has let a contract to a joint venture of Germany’s Linde Group and Bechtel, Houston, to design and build an ethylene plant included in the expansion at the major’s Baytown, Tex., refining and petrochemical complex.

Petronas lets contract for RAPID project

Jun 27, 2014

Malaysia’s state-run Petronas has let a program management consultancy (PMC) contract to a Technip SA-led joint venture with Fluor Corp. for its proposed $20 billion refinery and petrochemical integrated development (RAPID) complex at Pengerang in southeastern Johor, Malaysia.

New Zealand refinery lets contract for carbon dioxide plant

Jun 26, 2014

New Zealand Refining Co. Ltd. (NZRC) has let a contract to BOC New Zealand Ltd., an industrial gases subsidiary of Germany’s Linde Group, to build a plant aimed at reducing carbon dioxide emissions from operations at its 107,000-b/d Marsden Point refinery at Northland on the North Island’s east coast.

EIA: Fuel economy standards to cut gasoline use through 2040

Jun 26, 2014

More-stringent vehicle fuel economy standards will contribute to a decline in gasoline consumption through 2040, the US Energy Information Administration projected in the reference case in its Annual Energy Outlook 2014.

Dow advances Oyster Creek complex expansion, upgrade

Jun 26, 2014

Dow Chemical Co. will begin construction on the previously announced ethylene production expansion and upgrade project at its Oyster Creek complex in Freeport, Tex., on June 30, the company said.

Gathering, cryo plant on tap for Oklahoma Woodford

Jun 25, 2014

Tall Oak Midstream LLC, Edmond, Okla., will build 250 miles of gas low-pressure gathering pipeline and a 75-MMcfd cryogenic processing plant in Payne County in the central northern Oklahoma Woodford play.

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