More Oil & Gas Processing News

Rosneft, BP sign upstream, downstream agreements

Jun 19, 2015

OAO Rosneft agreed to sell BP PLC a 20% share of Taas-Yuryakh Neftegazodobycha in eastern Siberia for $750 million.

Total sheds stake in German refinery

Jun 19, 2015

OAO Rosneft has completed a deal for the purchase of Total SA’s minority interest in the 11.5 million-tonne/year PCK Raffinerie GMBH refinery, located along Druzhba pipeline in Schwedt, Germany, about 120 km northeast of Berlin.

PBF Energy inks deal for Louisiana refinery, logistics assets

Jun 18, 2015

PBF Holding Co. LLC, a subsidiary of PBF Energy Inc., Parsippany, NJ, has entered an agreement with ExxonMobil Corp. and Petroleos de Venezuela SA (PDVSA) to purchase 100% of Chalmette Refining LLC, an ExxonMobil-PDVSA joint venture that operates a 189,000-b/d refinery in Chalmette, La., outside of New Orleans.

Gazprom, KMG extend Karachaganak supply contract to 2038

Jun 18, 2015

OAO Gazprom and JSC KazMunayGas (KMG) reported a contract extension to 2038 for supply from Karachaganak gas-condensate field in Kazakhstan.

Axiall updates plans for Louisiana ethylene project

Jun 18, 2015

Axiall Corp. and South Korea’s Lotte Chemical Corp. have finalized joint-venture plans for the design, construction, and operation of a proposed 1 million-tonne/year ethane cracker to be built in Louisiana.

Egyptian refiner lets contract for new processing complex

Jun 17, 2015

Assiut Petroleum Refining Co. (ASORC), a subsidiary of Egyptian General Petroleum Corp. (EGPC), has let a contract to Axens to supply technology for a grassroots naphtha processing complex to be built at its 4.5 million-tonne/year refinery in Asyut, Egypt, about 400 km south of Cairo.

ESAI: Wave of new petroleum product supply yet to materialize

Jun 16, 2015

Despite a jump in world petroleum-product demand during the first quarter, product supply underperformed in key Middle Eastern and Latin American countries where refining capacity has risen, according to ESAI Energy LLC’s recently published Global Fuels Outlook.

Neste wraps maintenance at Porvoo refinery

Jun 16, 2015

Neste Oil Corp. has completed a 2-month planned maintenance turnaround at its 10.5 million-tonne/year Porvoo refinery in the Kilpilahti Industrial Area, about 20 miles east of Helsinki, Finland.

Oman lets contract for Sohar refinery unit revamp

Jun 16, 2015

Oman Oil Refineries & Petroleum Industries Co. (Orpic), has let a contract to MAN Diesel & Turbo SE (MDT), Augsburg, Germany, for work related to the overhaul and revamp of the residue fluidized catalytic cracking (RFCC) unit at its 116,000-b/d Sohar refinery, about 230 km northwest of the Omani capital of Muscat.

Saskatchewan economic minister sees opportunities despite price environment

Jun 15, 2015

At an energy leaders breakfast during the Global Petroleum Show (GPS) in Calgary June 10, Bill Boyd, minister of the economy for Saskatchewan, spoke about the opportunities for the oil and gas industry in his province, even in the current price environment.

Precommissioning tests ongoing at Braskem’s Mexican petrochemicals project

Jun 11, 2015

Braskem Idesa SAPI, a 75-25 joint venture of Braskem SA, Sao Paulo, and Groupo Idesa SA de CV, Mexico City, through a contractor, has let a contract to Atlas Copco Rental LLC, La Porte, Tex., to supply air compressors required for process safety testing at its nearly completed Etileno XXI petrochemical complex in the Coatzacoalcos-Nanchital region of the Mexican state of Veracruz.

Eagle Ford briefs

Jun 11, 2015

Prism Midstream to start work on Bedrock liquids-handling facility

Jun 10, 2015

Prism Midstream LLC will begin construction this month of the Bedrock liquids-handling facility in Crockett County, Tex., to handle both on-specification and off-specification NGLs and off-spec condensate.

Taiyo Oil completes technology upgrade at Shikoku refinery

Jun 9, 2015

Japan’s Taiyo Oil Co. Ltd. has implemented process technology from Honeywell’s UOP LLC to increase flexibility and production at its 118,000-b/d Shikoku refinery at Kikuma, now part of Imabari, Ehime Prefecture, Japan.

ETP provides details on Revolution pipeline, processing project

Jun 8, 2015

Energy Transfer Partners LP (ETP), Dallas, has released details on its Revolution project for the Marcellus and Upper Devonian areas of western Pennsylvania.

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