More Petrochemicals Refining News

Iran’s rationing system working to control gasoline consumption

Nov 24, 2008 The launch in 2007 of an elaborate gasoline rationing system by Iranian President Mahmoud Ahmadinejad’s cabinet to help stem that country’s gasoline consumption was initially met with both skepticism and discontent.

OGJ Newsletter

Nov 24, 2008

Services/Suppliers

Nov 24, 2008

a New regs require lower bunker fuel sulfur levels

Nov 24, 2008 Recently ratified International Marine Organization regulations that call for a decrease in the sulfur level of marine bunker fuels may cause refiners to invest in more desulfurization and conversion capacity.

Egypt Hydrocarbon lets contract for PE units

Nov 21, 2008 Egypt Hydrocarbon has let a contract to KBR to complete a pre-FEED study for two polyethylene units at its proposed petrochemical complex to be built 15½ miles from Suez near the Red Sea.

Oil Search eyeing Papua New Guinea petrochemicals

Nov 20, 2008 Oil Search has signed an MOU with Papua New Guinea and Japan's Itochu and Mitsubishi Gas Chemical to carry out a feasibility study into development of a petrochemical project in Papua New Guinea.

MARKET WATCH: Crude prices continue to fall

Nov 19, 2008

The soon-to-expire front-month crude contract hit yet another 22-month intraday low as energy prices continued to fall Nov. 18 on the New York futures market amid persistent signs of a weakening economy.

AGL unit starts salt-dome gas storage cavern construction

Nov 18, 2008 AGL Resources' Golden Triangle Storage has started construction of a 12-bcf working gas capacity salt dome natural gas storage facility at Spindletop in Beaumont, Tex.

Rise seen in petrochemical, refining construction

Nov 17, 2008 Oil & Gas Journal’s semiannual Worldwide Construction Update shows a slight increase in refining and petrochemical construction activity compared with the previous edition of the update (OGJ, Apr. 7, 2008, P.24).

Saudi production dominance to continue, analyst says

Nov 17, 2008 Saudi Arabia will account for 20.93% of Middle Eastern regional oil demand by 2012 while providing a dominant 40.71% of supply, according to a recent analyst report.

Downstream industry struggles with fewer resources, study says

Nov 17, 2008 The global engineering contractor industry is experiencing a shortage of qualified manpower, according to a biennial survey of refiners and petrochemical producers.

Services/Suppliers

Nov 17, 2008

Aramco, ConocoPhillips delay Yanbu refinery construction

Nov 17, 2008 Saudi Arabia’s Saudi Aramco and ConocoPhillips, citing uncertainties in financial and contracting markets, have agreed to halt the bidding process for construction of their planned 400,000 b/d export refinery at Yanbu.

OGJ Newsletter

Nov 17, 2008

Saudi output dominance to continue, analyst says

Nov 10, 2008 Saudi Arabia will account for 20.93% of Middle Eastern regional oil demand by 2012 while providing a dominant 40.71% of supply, according to a recent analyst report.

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