More Oil & Gas Processing News

Williams postpones Geismar ethylene sales

Dec 31, 2014

Williams Partners LP once again has postponed sales of ethylene production from its newly rebuilt Geismar, La., olefins plant amid ongoing efforts to fully commission the expansion and upgrading project following an explosion that hit the site in 2013.

CNPC lets contract for grassroots refinery

Dec 30, 2014

Yunnan Petrochemical Co. Ltd., jointly owned in part by PetroChina Co. Ltd.—the publicly listed arm of state-owned China National Petroleum Corp. (CNPC)—has let contracts to a subsidiary of Yokogawa Electric Corp. to provide control systems for a 200,000-b/d grassroots refinery in Yunnan Province in far southwestern China.

SOCAR consolidates Azerbaijani refining operations

Dec 29, 2014

State Oil Co. of Azerbaijan Republic (SOCAR) plans to shutter and subsequently merge processing activities at its Azerneftyag refinery with those of its nearby Heydar Aliyev (formerly New Baku) refinery at Baku in Azerbaijan.

Suncor wraps maintenance at Montreal refinery

Dec 24, 2014

Suncor Energy Inc. has concluded 3 months of planned maintenance at its 137,000-b/d Montreal, Que., refinery.

Vietnam, Japan sign MOU for grassroots Vietnamese refinery

Dec 23, 2014

State-run Vietnam National Petroleum Corp. (Petrolimex) and JX Nippon Oil & Energy Corp., a subsidiary of JX Holdings Inc., have signed a memorandum of understanding (MOU) to jointly develop a 10 million-tonnes/year refining and petrochemical complex to be located in Van Phong Economic Zone in Khanh Hoa Province, Vietnam.

Sasol secures financing for Louisiana petrochemical complex

Dec 23, 2014

Sasol Ltd. has completed a $4 billion credit facility for its proposed integrated ethane cracker and downstream derivatives complex to built adjacent to the company’s existing operations near Lake Charles in Westlake, La.

Regulators approve Unipetrol’s purchase of Czech refinery

Dec 22, 2014

Unipetrol AS’s plan to acquire soon-to-be former partner Eni SPA’s interest in Ceska Rafinerska AS (CRC) to become the plant’s sole owner would not violate state antitrust laws, the Czech Republic’s Office for the Protection of Competition (UOHS) said on Dec. 19.

Moody's: Russian oil-tax change helps exporters

Dec 22, 2014

A new adjustment to Russian oil and gas taxation will benefit oil companies that export most of their crude oil and high-grade oil products but hurt domestically focused producers, refiners, and petrochemical manufacturers, says Moody's Investors Service.

Barton introduces bill to remove US crude export limits

Dec 22, 2014

US Rep. Joe Barton (R-Tex.) introduced legislation that would remove US crude oil export limits that have been in place for nearly 40 years.

Oil and militancy

Dec 22, 2014

That oil prices can collapse while bloody militancy ravages three important members of the Organization of Petroleum Exporting Countries shows dominance of market fundamentals over geopolitical worry. But geopolitics never can be ignored.

California Bay Area advances plan for enhanced refinery regulations

Dec 19, 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, is moving forward with its plan to impose further emissions cuts on area refiners within the next 5 years.

IOC wraps study for petrochemical plant at Paradip

Dec 18, 2014

Indian Oil Corp. Ltd. (IOC) has completed a detailed feasibility study for setting up a polypropylene (PP) plant as part of a proposed petrochemical complex to be attached to its long-delayed 300,000-b/d, full-conversion refinery at Paradip, Odisha, on India's northeastern coast.

Patel appointed as LyondellBasell’s chief executive officer

Dec 18, 2014

LyondellBasell has chosen Bhavesh V. Patel to serve as its chief executive officer effective Jan. 12, 2015. He succeeds James L. Gallogly, who will retire.

Construction under way for Texas ethane cracker

Dec 17, 2014

Ingleside Ethylene LLC, a 50-50 joint venture of Occidental Chemical Corp. (OxyChem) and Mexichem SAB de CV (Mexichem), has started construction on a planned ethane cracker to be built at OxyChem’s existing plant in Ingleside, Tex.

Cooper to buy 50% of offshore Gippsland Sole gas field

Dec 17, 2014

Cooper Energy Ltd., Adelaide, has bought a 50% interest in the offshore Gippsland Sole dry gas field in retention lease Vic/RL3 as well as 50% of the Orbost onshore gas plant in eastern Victoria from Santos Ltd.

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