More Oil & Gas Processing News

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.

Uganda narrows bidders for grassroots refinery

Jun 24, 2014

Uganda’s government has selected two of the four proposals from international companies bidding to build and construct the country’s first refinery and related infrastructure in the Lake Albert region of Buseruka Subcounty, Hoima District, Uganda.

Contract let for Russia’s Orsk refinery

Jun 24, 2014

JSC ForteInvest, through a contractor, has let a contract to a subsidiary of Foster Wheeler’s global engineering and construction group for the engineering and material supply of a steam reformer heater for hydrogen production for its 130,000-b/d Orsknefteorgsintez (Orsk) refinery at Orsk, Russia.

Slovnaft advances petrochemical plant project

Jun 24, 2014

Slovnaft AS said construction of the logistics plant for a new polyethylene production unit plant, LDPE 4, at its existing 220,000-tonnes/year (tpy) ethylene production site in Bratislava, Slovakia, is nearing completion.

Nova Chemicals processing Bakken ethane at Joffre plant

Jun 23, 2014

Nova Chemicals Corp. is now processing the first barrels of ethane supplied from natural gas associated with Bakken shale oil production at its ethylene and polyethylene complex in Joffre, near Read Deer, Alta..

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