More Oil & Gas Processing News

Hess forms Bakken midstream joint venture with Global Infrastructure Partners, includes gas processing, rail terminals, propane storage

Aug 12, 2015

Global Infrastructure Partners (GIP), a private equity firm, agreed to acquire 50% interest in Bakken midstream assets from Hess Corp. for $2.7 billion and to form a 50-50 midstream joint venture named Hess Infrastructure Partners (HIP).

India’s IOC plans capacity expansion at Barauni refinery

Aug 11, 2015

State-owned Indian Oil Corp. Ltd. (IOC) has informed India’s federal government that it will increase crude oil processing capacity at the company’s 6 million-tonne/year (tpy) Barauni refinery in Begusarai District, Bihar.

Momentum to repeal crude export ban continues to build, Gerard says

Aug 10, 2015

The drive to remove the 40-year-old ban on exporting US-produced crude oil is gaining momentum as more members of Congress recognize the action's obvious energy, economic, and security benefits, American Petroleum Institute Pres. Jack N. Gerard said.

Clean Power Plan ignores gas's potential role, industry groups say

Aug 10, 2015

The Obama administration's final rule to curb US power plants' greenhouse gas emissions did not acknowledge natural gas's potential contributions, officials from two national oil and gas associations initially said in separate statements following the regulation's Aug. 3 release.

OGJ Newsletter

Aug 10, 2015

International news for oil and gas professionals

Simonette gas plant upset led to Alliance mainline closure, Keyera says

Aug 7, 2015

Complications resulting from an operational upset at Keyera Corp.’s Simonette gas plant, located 57 miles southwest of Valleyview, Alta., have caused Alliance Pipeline LP to declare a force majeure along the mainline system of its 3,848-km (2,391-mile) integrated Canadian and US natural gas transmission pipeline.

EIA: US refinery inputs hit record high

Aug 7, 2015

Gross inputs to US refineries exceeded 17 million b/d in each of the past 4 weeks, according to the US Energy Information Administration. That's a level not previously reached since EIA began publishing weekly data in 1990.

Neste advances integration of Finnish refineries

Aug 5, 2015

Neste Corp. will proceed with a previously announced plan to invest €60 million in the 3 million-tonne/year (tpy) Naantali refinery in Findland as part of the company’s broader program to keep its European operations competitive through consolidation of its Finnish refining assets.

ExxonMobil plans capacity expansion at Texas refinery

Aug 4, 2015

ExxonMobil Corp. is planning a 20,000-b/d capacity expansion at its 345,000-b/d refinery in Beaumont, Tex., to accommodate increased processing of US light crudes.

EPA initiatives give new meaning to political gridlock

Aug 3, 2015

Bad energy policy has one positive attribute: a strong tendency for mistakes to devour themselves.

Delays, supply overhang menace North American LNG exports

Aug 3, 2015

Permitting problems and delays affecting North American LNG export projects could combine with an overhang of LNG supply to make it difficult for North American LNG projects that have not yet taken final investment decision (FID) to get to FID over the next several years. 

US refiners continue consolidation, restructuring efforts

Aug 3, 2015

Our previous installment on US refining industry concentration examined how frenzied mergers, acquisitions, other partnerships, and shutdowns that occurred from 1995 to 2005 consolidated the industry.

AFPM Q&A-1: Safety, gasoline processing questions addressed at annual conference

Aug 3, 2015

Gasoline processing operations, with a focus on safety, blending, and reforming issues, garnered considerable attention during the 2014 American Fuel and Petrochemical Manufacturers Q&A and Technology Forum (Oct. 6-8; Denver).

OGJ Newsletter

Aug 3, 2015

International news for oil and gas professionals

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