OPEC: Oil demand deteriorates
Dec 1, 2008
Although there were no production adjustments at their Nov. 29 consultation in Cairo, OPEC members did note the rapid deterioration of demand prospects since their Oct. 24 agreement to reduce production.
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Services/Suppliers
Nov 24, 2008
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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.
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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.
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Cazalot: US at risk of losing energy security race
Nov 24, 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.
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OGJ Newsletter
Nov 24, 2008
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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.
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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.
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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).
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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.
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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.
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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.
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OGJ Newsletter
Oct 27, 2008
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Services/Suppliers
Oct 27, 2008
Houston, has named Mark Weber president and Dr. Luiz Braga vice-president, global business development.
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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.
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