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ACC details US chemical rebound from abundant, affordable gas

May 20, 2013

Abundant, affordable US natural gas supplies resulted in 97 announced chemical and plastics projects totaling $71.7 billion in potential new investment, the American Chemical Council said in a recent report.

IOC develops biodiesel coprocessing method

May 20, 2013

State-owned Indian Oil Corp. Ltd. (IOC) has developed and commercialized a technology for coprocessing nonedible vegetable oil in a refinery diesel hydrotreating unit to make biodiesel.

OGJ Newsletter

May 20, 2013

International news for oil and gas professionals

NEB sees 'holding pattern' in Canadian gas deliverability

May 20, 2013

Deliverability of natural gas in Canada is in what the National Energy Board calls a "holding pattern" because low prices have suppressed gas drilling.

Corker-Manchin bill aims to correct unintended RFS subsidy

May 17, 2013

US Sens. Bob Corker (R-Tenn.) and Joe Manchin (D-W.Va.) introduced legislation on May 16 aimed at correcting what they said was unintentional subsidization of foreign ethanol imports under the federal Renewable Fuels Standard.

FTC okays Tesoro purchase of BP refinery

May 17, 2013

The US Federal Trade Commission has approved acquisition by Tesoro Corp. of BP PLC’s refining and marketing business in southern California.

Contract let in PDVSA refinery upgrade

May 13, 2013

The prime contractor for an upgrade of the 180,000-b/d Petroleos de Venezuela SA refinery at Puerto La Cruz, Venezuela, has let a contract for construction of key modularized units to Wison Offshore & Marine Ltd. (OGJ Online, July 29, 2011).

OGJ Newsletter

May 13, 2013

International news for oil and gas professionals

BP starts Cherry Point diesel hydrotreater

May 10, 2013

BP PLC has commissioned a diesel hydrotreater and hydrogen plant at its 234,000-b/d Cherry Point refinery at Blaine, Washington.

Crosstex to invest in Utica shale compression, condensate stabilization

May 9, 2013

Dallas-based Crosstex Energy companies Crosstex Energy LP and Crosstex Energy Inc. have announced that Crosstex Energy Inc. will invest about $25 million in a third natural gas compression and condensate stabilization plant in the Ohio River Valley.

API to EPA: Tier 3 so controversial it requires rulemaking process

May 8, 2013

The American Petroleum Institute urged the US Environmental Protection Agency to use a full Clean Air Act rulemaking process for its proposed Tier 3 rule instead of a rushed review process API says the agency is contemplating.

Gazpromneft to upgrade Moscow refinery

May 7, 2013

Gazpromneft has let a front-end engineering and design contract to a Foster Wheeler AG subsidiary for an upgrade of its Moscow refinery.

OMV boosts butadiene output at refineries

May 7, 2013

OMV is investing €230 million to add a butadiene plant at its 73,000-b/d refinery at Berghausen, Germany, and to upgrade a butadiene plant at its 193,000-b/d refinery at Schwechat, Austria.

Survey shows increase in refining construction

May 6, 2013

Oil and Gas Journal's semiannual Worldwide Construction Update shows an increase in refining construction activity compared with the previous edition of the update (OGJ, Nov.5, 2012, p. 48).

FOCUS: UNCONVENTIONAL OIL & GAS: Much of industry awaits more details on new shale coalition

May 6, 2013

Reactions varied widely following formation of the Center for Sustainable Shale Development, which was set up by a coalition of environmental groups, foundations, and some oil companies to strengthen operating standards for natural gas shale formations in Pennsylvania and across the Appalachian basin.

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