Abu Dhabi to build 417,000 b/d refinery at Ruwais
Feb 26, 2008
Abu Dhabi will build a 417,000 b/d refinery, further boosting the emirate's existing 485,000 b/d refining capacity, reported the Emirates News Agency.
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BreitBurn sets operations in three divisions
Feb 26, 2008
BreitBurn Energy Partners reorganized its operations group into Western, Central, and Eastern divisions and set up an operations management team led by COO Mark L. Pease.
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CERA: Refiners face change in liquids supply composition
Feb 25, 2008
The refining industry faces new reconfiguration and investment challenges to avoid shortages of diesel, heating oil, and jet fuel while minimizing the risk of a decline in refining capacity utilization, said officials of the Cambridge Energy Research Associates in Houston.
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UFIP: France's refining industry facing major changes
Feb 22, 2008
France's refining industry stands at a crossroads this year as new operators replace long-established Shell Francaise and refiners comply with tighter refining restrictions, said UFIP.
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GDF, Total coordinate gas capacity sale in France
Feb 19, 2008
GDF's transmission subsidiary GRTgaz and Total SA's TIGF have agreed on their first coordinated sale of gas transmission capacity between GRTgaz' southern zone gas transmission system and TIGF's southwestern zone in France.
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China’s refining expansions to reshape global oil trade
Feb 18, 2008
Global oil refining capacity is set to expand by more than 10 million b/d over the next 7 years, with new refinery projects in Asia accounting for roughly 40% of this total.
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CERA: Refiners face change in liquids supply composition
Feb 14, 2008
The refining industry faces new reconfiguration and investment challenges to avoid shortages of diesel, heating oil, and jet fuel while minimizing the risk of a decline in refining capacity utilization, said officials of the Cambridge Energy Research Associates in Houston Feb. 13.
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Study theorizes use of geothermal sources for energy in refineries
Feb 11, 2008
Geothermal sources for direct heating can theoretically serve as an alternative source of high-temperature (>130° C.) heat in processing plants.
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Asset-performance management helps US refiners comply with Baker Report
Jan 28, 2008
To be successful, refiners must be profitable while maintaining safety performance that is more than just acceptable.
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Crude futures price closes at 5-week low
Jan 28, 2008
The February crude contract fell 71¢ to $90.13/bbl Jan. 17 on the New York Mercantile Exchange—its lowest closing in 5 weeks—after Federal Reserve Chairman Ben Bernanke told the US House Budget Committee downside risks to US economic growth in 2008 were “more pronounced” than ever.
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MARKET WATCH: New front-month crude contract at 3-month low
Jan 24, 2008
The front-month crude futures price tumbled to a 3-month low below $87/bbl Jan. 23 as recession fears continued to flail the market.
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Crude futures price closes at 5-week low
Jan 21, 2008
The February crude contract fell 71¢ to $90.13/bbl Jan. 17 on the New York Mercantile Exchange—its lowest closing in 5 weeks.
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MARKET WATCH: Rising oil stocks push down prices
Jan 17, 2008
Energy prices continued to fall Jan. 16 after the Energy Information Administration reported a bigger-than-expected build in US crude inventories—the first gain in 9 weeks.
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Continental Resources buying Williston basin properties
Jan 15, 2008
Continental Resources plans to acquire producing oil properties in North Dakota and Montana from an affiliate of Chesapeake Energy Corp. for $60 million.
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SPECIAL REPORT: Association executives expect more energy legislative battles
Jan 14, 2008
When US President George W. Bush signed HR 6, the Energy Independence and Security Act, into law on Dec. 19, 2007, he called it an example of what can be accomplished when Congress and his administration worked together.
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