More Oil & Gas Processing News

Petronas unit lets EPC contract for RAPID project

Oct 23, 2014

Petronas Refinery & Petrochemical Corp. unit PRPC Utilities & Facilities Sdn. Bhd. has let an engineering, procurement, and construction management contract for the Petronas Refinery and Petrochemical Integrated Development (RAPID) project to a joint venture of Technip and Fluor Corp.

ExxonMobil lets EPC contract for Antwerp refinery upgrade

Oct 22, 2014

ExxonMobil Petroleum & Chemical BVBA has let an engineering, procurement, and construction (EPC) contract to a subsidiary of Foster Wheeler AG’s global engineering and construction group for the upgrade of a resid unit at the company's 320,000-b/d refinery in Antwerp, Belgium.

California Bay Area refiners face heightened regulations

Oct 21, 2014

California’s Bay Area Air Quality Management District (BAAQMD), the public agency responsible for regulating stationary sources of air pollution in the nine counties that surround San Francisco Bay, has launched an aggressive plan to cut emissions from the region’s five refineries.

SinoCoking starts syngas plant in China

Oct 20, 2014

SinoCoking Coal & Coke Chemical Industries Inc., Pingdingshan, China, has started up a plant in Henan Province, China, that produces synthesis gas from carbon dioxide produced from coke.

Tesoro to acquire QEP Field Services for $2.5 billion

Oct 20, 2014

Tesoro Corp. affiliate Tesoro Logistics LP has agreed to acquire QEP Resources Inc.’s wholly owned subsidiary QEP Field Services LLC (QEPFS), including its 58% partnership interests in QEP Midstream Partners LP for $2.5 billion.

IEA reduces global oil demand forecast again on slower economic growth

Oct 20, 2014

The International Energy Agency's Oil Market Report (OMR) for October continues to reduce its forecast of global oil demand for 2014 by 200,000 b/d from the previous month, to 92.4 million b/d.

EIA: Crude oil prices held down by rising global supply, lower demand

Oct 20, 2014

With global demand forecasts being revised lower while supply continues to rise, North Sea Brent crude oil prices have fallen to about $91/bbl-the lowest level in more than 2 years and 21% lower than its 2014 daily peak of $115/bbl on June 19.

Cedigaz: Worldwide gas storage capacity up 5%

Oct 20, 2014

Worldwide working gas capacity totaled 399 billion cu m (bcm) on Jan. 1, representing 5% growth over the previous year, according to Cedigaz's latest Worlwide Underground Gas Storage (UGS) database.

Groups sue to block California refinery expansion

Oct 20, 2014

Environmental groups have petitioned a California superior court to stop Alon USA Energy Inc. from moving forward with a plan to expand existing receiving and processing options for North American shale light crude oils at its 70,000-b/d Bakersfield refinery.

OGJ Newsletter

Oct 20, 2014

International news for oil and gas professionals

The Saudi factor

Oct 20, 2014

The arithmetic is straightforward. In round numbers, Saudi Arabia grosses $549 million/day producing 9 million b/d of crude oil and, with subsidized internal consumption at about 2.9 million b/d, exporting 6.1 million b/d when the crude price is $90/bbl.

Cellulosic ethanol plant starts in Kansas

Oct 17, 2014

Abengoa, Seville, Spain, has begun producing cellulosic ethanol, required for blending into gasoline, at a 25-million-gal/year plant at Hugoton, Kan.

Investment opportunities emerge in Mexico's energy industry as legal reform advances

Oct 17, 2014

With one third of the Mexican government's budget funded by Petróleos Mexicanos (Pemex), a decline in the state-owned oil company's production hits the government hard.

Woodford gathering, processing plans advance

Oct 16, 2014

Tall Oak Midstream LLC subsidiary TOMPC LLC has secured financing for building and expanding Tall Oak’s gathering and processing in the central northern Oklahoma Woodford (CNOW) shale gas play.

Anadarko boosts Wattenberg production

Oct 16, 2014

Anadarko Petroleum Corp. stepped up production in Wattenberg field in Colorado during the second quarter. The rise was attributed to the success of its horizontal drilling program and the start-up of a gas processing plant.

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