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Americas

Fluor’s phosphate megaproject in Saudi Arabia begins production

IRVING, Texas — Fluor Corporation announced that the Ma’aden Wa’ad Al-Shamal Phosphate Company’s (MWSPC) Umm Wu’al Phosphate Project in Saudi Arabia has started production of ammonia, merchant-grade acid and fertilizer. Fluor is providing overall program management services for this $8 B megaproject, in addition to engineering, procurement and operations and readiness services for various scopes.

Tüpraş selects Jacobs sulfur recovery Technology for three refineries

DALLAS — Jacobs Engineering Group Inc.’s proprietary EUROCLAUS sulfur recovery technology was selected by Tüpraş for its new sulfur recovery units that will be installed in the company’s Izmit, Izmir and Kirikkale refineries in Turkey.

Keystone XL opponents vow long fight as Nebraska hearing concludes

LINCOLN, Neb. (Reuters) — Opponents of the Keystone XL pipeline vowed on Thursday to block construction of the controversial project if Nebraska regulators approve the proposed route later this year.

US senators urge Trump to avoid blockade of Venezuela oil shipments

WASHINGTON (Reuters) — Four US Senate Republicans from oil refining states urged the Trump administration on Thursday to not block oil shipments from Venezuela as part of US sanctions against the country, saying it could raise costs for US fuel consumers.

Jacobs signs construction management agreement for Chevron’s refineries, terminals

DALLAS — Jacobs Engineering Group Inc. signed a Master Services Agreement (MSA) expansion amendment with Chevron Products Company to provide elective construction management (CM) services on an as-needed basis at the company’s refineries located in El Segundo and Richmond, California, Pascagoula, Mississippi, and Salt Lake City, as well as at various terminals throughout the US.

KBR signs agreement with Saudi Aramco to expand in-kingdom localization efforts

HOUSTON — KBR, Inc. has entered into a Memorandum of Understanding (MoU) with Saudi Aramco to expand and develop KBR's services for Saudi Aramco in line with the Kingdom of Saudi Arabia's (KSA) localization objectives.

S.Korea's SK Energy buys 1st US crude oil in move away from Middle East

ULSAN, South Korea (Reuters) — South Korea's top refiner SK Energy is buying its first-ever continental US crude oil shipment as producer club OPEC's output cuts raise MidEast prices, giving other suppliers a chance to compete for the world's juiciest oil market—Asia.

Shorting the short: Investors bet against Icahn's oil refiner after biofuel trade

NEW YORK (Reuters) — Investors have built up a large short position in investor Carl Icahn’s oil refining company, CVR Energy, in the past three months, according to Reuters data, as evidence mounts that the company’s gamble on the biofuels market is going sour.

Exxon mulls Beaumont refinery crude unit addition

HOUSTON (Reuters) — ExxonMobil Corp is considering expanding light crude processing capacity at its Beaumont, Texas, refinery with the addition of a third crude distillation unit, a company spokeswoman said.

Schneider Electric, Claroty partner to address safety, cybersecurity challenges

NEW YORK — Claroty, in Operational Technology (OT) network protection, and Schneider Electric, the global specialist in energy management and automation, announced that they are partnering to address safety and cybersecurity challenges for the world's industrial infrastructure.