More Refining Capacities News

OGJ Newsletter

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.

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.

Services/Suppliers

Nov 24, 2008

Cazalot: US at risk of losing energy security race

Nov 17, 2008 The US is running the risk of losing the global race for energy, said Marathon Oil Corp. Chief Executive Officer Clarence Cazalot at a recent American Petroleum Institute meeting in Houston.

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.

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).

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.

Ecopetrol awards Colombia refinery upgrade contract

Nov 14, 2008 Ecopetrol has awarded contracts for FEED and PMC to Foster Wheeler USA and Process Consultants for the Barrancabermeja refinery upgrade project in Colombia.

Aramco, ConocoPhillips delay Yanbu refinery construction

Nov 6, 2008 Saudi Arabia's 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 refinery at Yanbu.

Services/Suppliers

Oct 27, 2008 Houston, has named Mark Weber president and Dr. Luiz Braga vice-president, global business development.

OGJ Newsletter

Oct 27, 2008

US may become net gasoline exporter by 2010, study says

Oct 20, 2008 Shifts in energy demand and biofuels capacity will disrupt the global refining industry, potentially turning the US into a net exporter of gasoline by 2010.

PDVSA awards JGC refinery modernization contract

Oct 17, 2008 Venezuela's PDVSA, as part of its on-going Siembra Petrolera plan, has signed an agreement with JGC to form a strategic alliance aimed at improving the country's refining capacity.

MARKET WATCH: Credit crisis continued to deflate energy prices

Oct 13, 2008 Crude prices continued plumbing the lowest levels in more than a year Oct. 10 as the current credit crisis sucked funds from both the equity and commodity markets.

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