More Oil & Gas Processing News

Williams Partners, Access Midstream Partners to merge

Oct 27, 2014

Williams Partners LP and Access Midstream Partners LP, both owned by Williams Cos., Tulsa, have agreed to merge. Williams in June purchased the remaining 50% general partner interest that it didn’t previously hold in Access Midstream, giving way to the merger proposal.

California Bay Area refiners face heightened regulations

Oct 27, 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.

China reviewing oil relationships with Sudan, South Sudan, researcher says

Oct 27, 2014

The Chinese government and China National Petroleum Corp. are reviewing their relationships with Sudan and South Sudan following years of growth that changed both sides, a researcher said at Johns Hopkins University's School for Advanced International Studies.

EIA continues to cut price forecasts for US crude oil, gasoline

Oct 27, 2014

Weakening global demand and higher Libyan oil exports have driven down North Sea Brent crude oil spot prices to an average of $97/bbl in September, a decrease of $5/bbl from August and the first month Brent crude oil prices have fallen below $100/bbl since June 2012.

API: US petroleum demand falls in September, third quarter

Oct 27, 2014

Total US petroleum deliveries, a measure of demand, averaged 18.6 million b/d last month, down 3.5% from September 2013, as stated in the latest monthly statistics from the American Petroleum Institute. For the third quarter, petroleum deliveries fell 0.9% from the same period last year.

EIA: Lower US household heating expenditures expected this winter

Oct 27, 2014

Average expenditures of US household for natural gas, heating oil, electricity, and propane are projected to decrease this winter heating season (Oct. 1-Mar. 31) compared with last winter, which was 11% colder than the previous 10-year average nationally, according to the US Energy Information Administration's latest Winter Fuels Outlook.

EPA sets energy booby traps for the US economy

Oct 27, 2014

The US Environmental Protection Agency is setting booby traps for the economy as the last half term of the Obama presidency lumbers into view.

More ethylene capacity planned for US Gulf Coast

Oct 23, 2014

Westlake Chemical Corp., Houston, will expand ethylene capacity and make other capital improvements in a $330-million project at its Sulphur, La., plant near Lake Charles.

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.

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.

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