More Oil & Gas Processing News

PwC: Low oil prices reduce 1Q M&A activity in US

May 11, 2015

Mergers and acquisitions (M&A) activity in the oil and gas industry took a hit in value and volume during the first quarter compared with fourth-quarter 2014, as the drop in oil prices continued to impact companies’ growth strategies, according to a report from PwC US.

Fire hits at Shell’s German integrated refining complex

May 11, 2015

Royal Dutch Shell PLC has extinguished a fire that occurred at its Shell Deutschland Oil GMBH–operated petrochemicals plant at Wesseling, Germany, which together with the Godorf refinery near Cologne-Godorf, comprise Shell’s 325,000-b/d integrated Rheinland refinery, Germany’s largest.

Cost opportunity seen for LNG projects in western Canada

May 11, 2015

Rising construction costs in the US and falling oil prices give LNG export projects in western Canada a window of opportunity in competition with otherwise advantaged projects to the south.

EIA: East Coast refineries got 52% of crude by rail in February

May 11, 2015

US East Coast refineries received more than half of their crude oil feedstocks by rail during February, the US Energy Information Administration reported.

US, Canada jointly release crude-by-rail transportation rules

May 11, 2015

The US and Canada simultaneously issued new regulations governing transportation of crude oil and other hazardous materials by rail.

OGJ Newsletter

May 11, 2015

International news for oil and gas professionals

ESAI: Refinery closures could hit 2 million b/d by yearend 2016

May 5, 2015

Global refinery closures by yearend 2016 could be more than the previously announced 1 million b/d of capacity, Energy Security Analysis Inc. reported. “The total capacity at risk of closure by that time is as high as 2 million b/d,” ESAI Refining Manager Christopher Barber said.

EIA: East Coast refineries got 52% of crude by rail in February

May 5, 2015

US East Coast refineries received more than half of their crude oil feedstocks by rail during February, the US Energy Information Administration reported.

ETP unit plans fourth fractionator at Mont Belvieu

May 5, 2015

Lone Star NGL LLC, a unit of Dallas-based Energy Transfer Partners LP, will build a fourth NGL fractionation plant at Mont Belvieu, Tex., east of Houston, parent ETP has reported.

Merit settles NEPA charges at Michigan gas processing operations

May 4, 2015

Merit Energy Co. agreed to pay an $885,000 fine and initiate a leak detection and repair (LDAR) program at its Kalkaska, Mich., natural gas processing plant to settle federal charges that it violated the National Environmental Policy Act, the US Department of Justice and Environmental Protection Agency jointly announced on May 1.

GUIDE TO WORLD CRUDES: BG Group assays Brazilian Iracema crude

May 4, 2015

BG Group published a crude oil assay in February for its jointly owned Iracema discovery, which began producing third-quarter 2014 on Block BM-S-11 in the Santos basin off Brazil (OGJ Online, Oct. 14, 2014).

Dakota Prairie commissions first US refinery in nearly 40 years

May 4, 2015

Dakota Prairie Refining LLC, a joint venture of MDU Resources Group Inc., Bismarck, ND, and its 50-50 partner Calumet Specialty Produces Partners LP, Indianapolis, has started commercial production of diesel fuel and other products at its 20,000-b/d diesel refinery in North Dakota.

Weld toughness study advances reeled clad pipes' deepwater potential

May 4, 2015

Sensitivity studies suggest toughness is often more critical than strength in subsea pipeline welds, especially narrow-bevel mechanized welds.

Unipetrol takes 100% ownership of Czech refineries

May 4, 2015

Unipetrol AS, a subsidiary of Polski Koncern Naftowy SA (PKN Orlen), has completed its purchase of former partner Eni SPA’s interest in Ceska Rafinerska AS (CRC) to become sole owner of the company, which operates two refineries in Czech Republic.

OGJ Newsletter

May 4, 2015

International news for oil and gas professionals

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