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Hurricane Sandy prompts shutdowns of two refineries

Oct 29, 2012

Two US East Coast refineries were closed or preparing to close because Hurricane Sandy was expected to make landfall near the New Jersey-Delaware border late Oct. 29, the US Department of Energy Office of Electricity Delivery & Energy Reliability reported.

BP to sell TNK-BP stake to Rosneft in $17 billion deal

Oct 29, 2012

BP PLC is selling its half-interest in TNK-BP to Rosneft in a transaction that will expand its stake in the buyer, an ill-fated deal with which has soured the UK company's relations with its TNK-BP partner since early last year.

BP axes Florida cellulosic ethanol plant

Oct 26, 2012

BP PLC has canceled plans to build a commercial-scale plant in Highlands County, Fla., that was to have made fuel ethanol from cellulose.

Bosnia and Herzegovina refinery due upgrade

Oct 24, 2012

Rafinerija Nafte Brod, operator of Bosnia and Herzegovina’s only refinery, will use technologies from Honeywell’s UOP LLC and ExxonMobil Research & Engineering Co. (EMRE) in an upgrade of its 240,000 b/d facility at Brod.

Aramco lets contracts for Jazan refinery, terminal

Oct 22, 2012

Saudi Aramco has completed contractor selection for the engineering, procurement, and construction of the Jazan refinery and terminal in the southwest of the country.

Petro Rabigh awards ethylene expansion to JGC unit

Oct 22, 2012

Rabigh Refining and Petrochemical Co., a joint venture of Saudi Aramco and Sumitomo Chemical Co., has awarded a contract to JGC Gulf International Co. Ltd. to expand ethylene capacity at Petro Rabigh’s refinery and chemicals complex on the Red Sea.

Sadara names chief executive officer

Oct 18, 2012

Sadara Chemical Co. has appointed Ziad S. Al-Labban as chief executive officer. He succeeds Ali A. Abuali who will retire.

TNK-BP upgrading Ryazan refinery in Russia

Oct 16, 2012

TNK-BP said it will invest $537 million to add isomerization and cat-cracked gasoline hydrotreating capacity at its 340,000 b/d Ryazan refinery about 120 miles southeast of Moscow.

Total adjusts upstream, supply-marketing

Oct 16, 2012

After restructuring its downstream business in a move it said showed commitment to an integrated company structure, Total has completed a reorganization of its upstream and supply-marketing segments.

DOI approves tribal land trust application for proposed North Dakota refinery

Oct 11, 2012

The US Department of the Interior approved a land-into-trust application from three North Dakota Indian tribes, accepting 469 acres into trust for a proposed 13,000 b/d refinery on 190 acres and feed production on the remainder.

CNPC starts up ethylene unit at Daqing

Oct 11, 2012

China National Petroleum Corp. has started up a 600,000-tonne/year ethylene unit that doubles capacity of Daqing Petrochemical with the country’s first ethylene plant based on domestically developed technology.

Waxman seeks FTC probe of higher California gasoline prices

Oct 10, 2012

US Rep. Henry A. Waxman (D-Calif.), the House Energy and Commerce Committee’s ranking minority member, has asked the US Federal Trade Commission to investigate a gasoline price surge in the Golden State.

Marathon Petroleum to buy BP's Texas City refinery

Oct 8, 2012

Marathon Petroleum Corp. has signed a definitive agreement to buy BP PLC’s 451,000-b/cd Texas City, Tex., refinery and related assets for as much as $2.5 billion.

Fire kills worker at Russian refinery

Oct 5, 2012

A fire at TNK-BP’s 130,000-b/d Saratov refinery in southwestern Russia burned four workers on Oct. 4, killing one. Injuries to the other three were not considered life-threatening.

Kazakhstan's KazMunaiGaz outlines growth plans

Oct 3, 2012

Kazakhstan’s state oil company KazMunaiGaz expects the country’s crude oil production to reach 90 million tonnes/year by 2015 and 130 million tpy by 2020.

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