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Watching The World: Trafigura in hot water

Feb 27, 2012

Trafigura Beheer BV was in hot water last week after buying a cargo of Nile Blend crude aboard the MT Ratna Shradha, which was poised to offload at Japan's Kiire terminal, owned by JX Nippon Oil & Energy.

Baker Institute examines alternatives to Strait of Hormuz

Feb 27, 2012

Improvements to the pipelines crossing the Arabian Peninsula would allow more of the oil produced in the Persian Gulf to avoid the Strait of Hormuz, according to a paper from Rice University's Baker Institute for Public Policy.

Horizon-Talisman to develop PNG Stanley gas-condensate

Feb 16, 2012

Horizon Oil Ltd., Sydney, said its board approved the final investment decision to develop a condensate recovery project at Stanley field in western Papua New Guinea subject to receiving debt financing on satisfactory terms.

Baker Institute examines alternatives to Strait of Hormuz

Feb 14, 2012

Improvements to the pipelines crossing the Arabian Peninsula would allow more of the oil produced in the Persian Gulf to avoid the Strait of Hormuz, according to a paper from Rice University’s Baker Institute for Public Policy.

South Sudan to construct refinery, oil line to Kenya

Feb 6, 2012

The government of South Sudan, faced with alleged obstructions by Sudan, announced plans to build a refinery and pipeline aimed at transporting recently discovered crude oil to an export terminal in Kenya.

Watching The World: Iran woos Latin America

Jan 16, 2012

Iran's oil diplomacy was in full swing last week, with President Mahmoud Ahmadinejad visiting several Latin American countries, led by his talks with Venezuela's leader Hugo Chavez.

Potential oil, products exports drive Texas Gulf Coast terminal projects

Nov 28, 2011

Kinder Morgan Energy Partners LP, Oiltanking Partners LP, and GT Logistics LLC (GTL) all announced new liquids terminal projects on the Texas Gulf Coast, with GTL explicitly citing possible crude oil exports in describing its facility.

New approach predicts volume mixing in long, multiproduct pipeline

Nov 7, 2011

Combining the classical Austin-Palfrey formula with field data creates a new formula capable of predicting the amount of mixed-product volume arriving at each terminal of a long, multiproduct pipeline crossing varied terrain.

MULTIPRODUCT OPERATIONS—2 (Conclusion): New scheduling rule improves pipeline efficiency

Oct 3, 2011

A new rule prioritizing product delivery to the eligible terminal closest to the one being currently served reduces total accumulated idle volume by about 40% and decreases the number of cut operations.

ExxonMobil completes deal for two Alaska tankers

Sep 29, 2011

ExxonMobil Corp.’s US marine affiliate, SeaRiver Maritime Inc., signed an agreement with Aker Philadelphia Shipyard for construction of two US-flagged Liberty Class crude oil tankers.

EQUIPMENT | SOFTWARE | LITERATURE

Sep 26, 2011

Oil sands will reach US without Keystone XL line, report says

Sep 5, 2011

EnSys Energy & Systems Inc. and Navigistics Consulting concluded in a report issued as part of the US Department of State's final environmental impact statement (FEIS) on TransCanada's proposed Keystone XL crude oil pipeline that it is "almost impossible

Eni, Libya's NTC sign agreement

Sep 5, 2011

Italy's Eni SPA said it signed a memorandum of understanding with Libya's National Transitional Council (NTC) that aims at strengthening cooperation between them.

Saudi oil headed to US West Coast from Okinawa storage base

Aug 29, 2011

Saudi Aramco, which last year accepted oil storage space in Okinawa from the Japanese government, will this month begin to send shipments of oil stored in Japan to the US West Coast.

Saudi oil headed to US West Coast from Okinawa storage base

Aug 23, 2011

Saudi Aramco, which last year accepted oil storage space in Okinawa from the Japanese government, will this month begin to send shipments of oil stored in Japan to the US West Coast.

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