More Refinery Construction News

NPRA releases 2008 refining, storage capacity report

Aug 20, 2008 US refiners have continued to add capacity despite soaring oil prices and shrinking margins, NPRA said as it release its annual refining and storage capacity report.

Enterprise, partners outline Texas offshore port system

Aug 18, 2008 Enterprise Products Partners, Teppco Partners, and Oiltanking Holding Americas have formed a JV to design, construct, own, and operate a Texas offshore oil port and pipeline system.

OGJ Newsletter

Aug 18, 2008

Kuwait investigates al Zour refinery contracts

Aug 17, 2008 Kuwaiti Oil Minister Mohammed al-Olaim has refuted legislators' claims of any wrongdoing in the award process for the 615,000 b/d al-Zour refinery project.

Valero breaks ground on Port Arthur refinery project

Aug 13, 2008 Valero Energy Corp. broke ground Aug. 13 on a $2.4 billion expansion project at its 325,000-b/d refinery in Port Arthur, Tex.

MARKET WATCH: Georgia conflict lifting oil price from 3-month low

Aug 11, 2008 The front-month oil price fell 7.9% last week to a 3-month low Aug. 8 as the US dollar strengthened, but energy prices rebounded above $116/bbl in after-hours electronic trade as Russia expanded its military campaign in Georgia.

Cost shift signals changes in energy investment, use

Aug 4, 2008 Industrial energy costs have increased recently relative to industrial construction costs in a shift that will affect energy investment, production, and use.

OGJ Newsletter

Jul 28, 2008

PetroVietnam lets Nghi Son refinery design contract

Jul 22, 2008 State-owned PetroVietnam has awarded Foster Wheeler a contract to design the 200,000 b/d Nghi Son refinery and petrochemical project, effective July 18.

OGJ Newsletter

Jul 21, 2008

OPEC releases World Oil Outlook to 2030

Jul 21, 2008 The Organization of Petroleum Exporting Countries has released its oil outlook to 2030, citing various challenges to the oil market, including uncertainty of demand, rising costs, and environmental regulations.

NOC, Star group to upgrade Ras Lanuf refinery

Jul 15, 2008 Libya's National Oil Corp. (NOC) signed a 50:50 joint venture agreement with the Star Consortium of TransAsia Gas International and Star Petro Energy covering improvement of the existing 220,000-b/d Ras Lanuf export refinery.

OPEC releases oil forecast to 2030

Jul 11, 2008 OPEC has released its oil outlook to 2030. The forecast cites various challenges to the oil market, including uncertainty of demand, rising costs, and environmental regulations.

McCain more like Democrats than Bush on energy

Jul 7, 2008 In another display of confusion about energy, Democratic leaders in Congress responded to oil-supply initiatives from the US president and the Republican who would succeed him as though they were identical.

Japan to aid Iraq in rebuilding oil, gas industry

Jul 7, 2008 Iraqi Oil Minister Hussain Al Shahristani and Japanese Minister of Economy, Trade, and Industry Akira Amari—voicing concerns over global oil prices—agreed that both countries would cooperate in a variety of measures aimed at reconstructing Iraq’s oil and natural gas industry.

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