Global demand for fuel additives will increase 4.7%/year to 26.5 million tonnes in 2016, with demand in value terms advancing 8%/year to $59.4 billion.

Phillips 66 signed a 5-year contract with Global Partners LP under which Global will use its rail loading, logistics, and transportation network to deliver crude oil from the Bakken formation of North Dakota to the Phillips 66 Bayway refinery in New Jersey.

Tesoro Corp. will halt refining at its 93,700-b/cd Kapolei refinery in Hawaii after a year-long effort to sell the facility proved unsuccessful (OGJ Online, Jan. 11, 2012).

Esso Australia Resources Pty Ltd., Melbourne, last month awarded a $550 million contract to CB&I, Houston, for work at Esso’s Longford, Victoria, gas plant.

Enterprise Products Partners LP (EPP), Houston, reported it has executed long-term, fee-based agreements that effectively sell out its 1.65 billion lb/year propane dehydrogenation (PDH) plant scheduled to begin operating in third-quarter 2015.

The Russian petrochemical conglomerate SIBUR says it has increased its design capacity to produce methyl tertiary butyl ether in the Tchaikovsky area of Perm Territory to 220,000 tonnes/year from 200,000 tonnes/year.

ExxonMobil Corp. reported the startup operations of one of the world’s largest ethylene steam crackers, which is the centerpiece of the company’s multibillion dollar expansion project at its Singapore petrochemical complex.

Costs for designing and building refining and petrochemical plants were essentially unchanged from this year’s first quarter to its third quarter, according to the latest edition of the IHS Downstream Capital Costs Index.