More Oil & Gas Processing News

Joint venture launches refinery in Kurdistan

Apr 15, 2014

Black Diamond Oil Co. and Rezhwan Co. have agreed to form a joint venture for a refinery in the Kurdistan region of Iraq that is scheduled to begin operations as soon as next week, the companies said in an Apr. 13 release.

Contract let for Vietnamese refinery

Apr 14, 2014

Nghi Son Refinery & Petrochemical LLC, through a contractor, has let a contract to a subsidiary of Foster Wheeler for the design and supply of a carbon monoxide incinerator package for a residue fluidized catalytic cracker at its 200,000-b/d refinery and petrochemical complex in Thanh Hoa Province in Vietnam.

Moody's: Global refining, marketing industry to see earnings rise this year

Apr 14, 2014

The global refining and marketing (R&M) industry will continue to see pockets of earnings growth over the next year, but flat conditions overall, with product demand expected to increase modestly this year by 1.2 million b/d, according to a recent report from Moody's.

Mathanex methanol plant completes move to Louisiana

Apr 14, 2014

Heavy-lift contractor Mammoet has completed the heavy lifting, transportation, and reassembly preparation of a Methanex Corp. methanol plant, relocating it 5,450 miles from southern Chile to a 225-acre site in Geismar, La..

Suriname refinery expansion advances

Apr 11, 2014

The construction phase is progressing for a major expansion and efficiency project to double crude capacity at the Tout Lui Faut refining complex about 12 miles south of Suriname’s capital city of Paramaribo.

SOCAR restarts units at Baku refinery

Apr 11, 2014

State Oil Co. of Azerbaijan Republic (SOCAR) has resumed operations at two units within its 239,000-b/d Heydar Aliyev (formerly New Baku) refinery in Baku, Azerbaijan, following installation and repair work.

Contract let for Guangdong heavy oil refinery

Apr 10, 2014

Sino-Venezuela Guangdong Petrochemical Co., a subsidiary of China National Petroleum Corp.’s (CNPC) PetroChina Co. Ltd., has let a second major contract to Metso Corp. for advanced valve technology at its 20-million tonne/year heavy crude oil processing plant in the Jieyang Nandahai Petrochemical Industrial Zone of China’s Guangdong province.

Contract let for Iraqi NGL train

Apr 10, 2014

Basra Gas Co. has let a contract to Technip for the front-end engineering and design for NGL processing construction in Iraq. The contract, which is in partnership with China HuanQiu Contracting & Engineering Corp., is for Ar Ratawi NGL Train 1 at North Rumaila, Basra Province. Basra Gas is a joint venture of Iraq South Gas Co. 51%, Royal Dutch Shell PLC 44%, and Mitsubishi 5%.

Construction nears for Egyptian refinery project

Apr 10, 2014

Egyptian Refining Co. (ERC) plans to begin construction this month on its grassroots refining upgrade project to be built within the existing Mostorod Petroleum Complex (MPC), 20 km northeast of Cairo in Qalyoubia Governate, Egypt.

Chevron launches Texas Gulf Coast petrochemicals project

Apr 8, 2014

Chevron Phillips Chemical Co. LP has broken ground on its US Gulf Coast petrochemicals project at the company’s existing Cedar Bayou plant in Baytown, Tex.

Suncor begins planned maintenance at Alberta refinery

Apr 8, 2014

Suncor Energy Inc. has started planned maintenance at its 142,000-b/d refinery in Edmonton, Alta.

Moody’s: Global refining, marketing industry to see earnings rise this year

Apr 7, 2014

The global refining and marketing industry will continue to see pockets of earnings growth over the next year, but flat conditions overall, with product demand expected to increase modestly this year by 1.2 million b/d, according to a recent report from Moody’s. That demand increase will be roughly in line with net global capacity additions, Moody’s said.

AFPM: Shale boom sparks need for petchem workers

Apr 7, 2014

The current boom in shale resource development has sparked an urgent need in the petrochemical industry for technically skilled workers to build, operate, and maintain about $100 billion of announced chemical projects, according to Peter L. Cella, president and chief executive officer of Chevron Phillips Chemical Co. LP.

Contracts inked for Egyptian petrochemical complex

Apr 7, 2014

Carbon Holdings Ltd. (CHL) of Egypt has let contracts for engineering, procurement, construction, and commissioning (EPCC) activities related to the development of its Tahrir petrochemical complex planned at Ain Sokhna, Egypt.

Nelson-Farrar Quarterly Costimating: Indexes for selected equipment items

Apr 7, 2014

Continuing a trend starting in 1983, the Nelson-Farrar refinery construction index rose quickly to 2,475.6 in December 2012 from 2,467.4 in January of the same year. Then it slowed and ended with 2,525.9 in December 2013.

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