Total, Aramco delay Jubail refinery project
Nov 25, 2008
Total SA said the award of construction tenders for its $10 billion Jubail refinery joint venture with Saudi Aramco has been delayed because of uncertainties in global financial markets.
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OGJ Newsletter
Nov 24, 2008
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China, Costa Rica develop joint refinery plans
Nov 19, 2008
Costa Rica's Recope and China's CNPC are jointly considering plans for the construction of a refinery in the Central American country.
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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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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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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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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.
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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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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.
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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.
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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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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.
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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.
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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.
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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.
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