More Refinery Construction News

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).

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.

Refiners should consider Monte Carlo analysis to assess expansion projects

Nov 10, 2008 Due to robust growth in the global demand for refined products, refiners often face the tough decision of whether to spend significantly to accelerate expansion projects or stick to existing time frames.

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.

Chinese to start construction of refineries in Niger, Chad

Oct 29, 2008 China's CNODC, as part of an earlier agreement with the government of Niger, has begun construction on a $1 billion refinery near the city of Zinder.

MARKET WATCH: OPEC expectations buoy oil prices

Oct 21, 2008 Crude prices continued to climb Oct. 20 in the New York market in anticipation that OPEC will reduce production by 1-2 million b/d at its Oct. 24 meeting.

Kazakh transport plans unfazed by Russia-Georgia strife

Oct 20, 2008 Although Kazakhstan has said it plans to arrange delivery of its oil to the Baku-Tbilisi-Ceyhan (BTC) oil pipeline via Azerbaijan and on to Georgia’s Black Sea port of Batumi, traders expressed fears, after the Georgia-Russia conflict, about the efficiency of the trans-Caucasus routes and about possible future pressures from Russia.

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.

Kazakh transport plans unaffected by Russia-Georgia conflict

Oct 9, 2008 Although Kazakhstan has said it plans to arrange delivery of its oil to the BTC pipeline via Azerbaijan and on to Georgia's Black Sea port of Batumi, traders expressed fears after the Georgia-Russia conflict.

MARKET WATCH: Oil prices plunge with rejection of economic rescue plan

Sep 30, 2008 Energy prices fell, with crude plunging more than $10/bbl in panicked trading that accelerated after the House of Representatives rejected 228-to-205 a $700 billion plan to resolve the most severe threat to the US economy since the Great Depression.

Wood River refinery begins coker, expansion project

Sep 24, 2008 A coker and refinery expansion project at the Wood River, Ill., refinery, a 50-50 joint venture of EnCana Corp. and ConocoPhillips, will begin this month, EnCana reported.

Brunei approves refinery project

Sep 23, 2008 Brunei has approved plans of privately held PetroBru Sdn. Bhd. for the construction of a 200,000 b/d refinery and storage facility in Pulau Muara Besar.

Dung Quat refinery on track for 2009

Sep 23, 2008 Petrovietnam next month plans to import 52,500 tonnes of diesel to test-run the 140,000 b/d Dung Quat refinery, the country's first, due to come on stream in February 2009.

OGJ Newsletter

Sep 22, 2008

Kuwaiti oil minister confident about refinery support

Sep 16, 2008 Kuwaiti's oil minister, rejecting allegations that he had violated any laws in the award of contracts, expressed confidence he would win parliamentary support to construct the 615,000 b/d Al-Zour refinery.

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