Americas
Pemex eyeing tie-ups for hydrogen plants at refineries
MEXICO CITY (Reuters) -- Mexico's state oil company Pemex is planning to form alliances around hydrogen plants at its refineries, Pemex chief Jose Antonio Gonzalez Anaya said on Tuesday.
BridgeTex owners seek more than $300 MM from shipper
HOUSTON (Reuters) -- Plains All American Pipeline and Magellan Midstream Partners filed an amended breach of contract lawsuit seeking more than $300 MM in damages from Stampede Energy over an oil transport deal, according to court documents.
US district court dismisses lawsuit against Flotek
HOUSTON -- Flotek Industries Inc. announced that the US District Court for the Southern District of Texas has granted Flotek's motion to dismiss the securities class action that had been filed against the company in the US District Court for the Southern District of Texas.
Brazil's black market pipeline: Gangs hijack Petrobras' oil, fuel
RIO DE JANEIRO (Reuters) -- In September, police investigating a wave of killings in the northern Rio de Janeiro suburbs followed a tip to the isolated scrubland near the massive Duque de Caxias oil refinery.
US East Coast refiners profit on winter gasoline at expense of summer stocks
NEW YORK (Reuters) -- The US East Coast gasoline market looks set to begin the summer driving season with fewer barrels in storage than last year, as refiners have been profiting by producing winter grade gasoline longer than usual, trading sources said.
ChemChina, IPP team to supply turn-key chlor-alkali plants
PRINCETON JUNCTION, New Jersey and BEIJING -- International Process Plants (IPP) and ChemChina's Bluestar (Beijing) Chemical Machinery Company, Ltd. (BCMC) announce a partnership for IPP to provide new chlorine alkali plants designed and built by BCMC to industries around the world.
BP, DuPont JV Butamax announces acquisition of ethanol facility in Kansas
Butamax Advanced Biofuels LLC, a 50/50 JV between BP and DuPont, combining expertise in fuels with industrial biotechnology, announced the acquisition of Nesika Energy, LLC and its ethanol facility in Scandia, Kansas. Butamax will now start the engineering work to add bio-isobutanol capacity to the facility, while continuing to produce ethanol before and after adding this capacity.
Brazil's Braskem must face US lawsuit over Petrobras scandal
NEW YORK (Reuters) -- Brazilian petrochemical company Braskem SA must face the main part of a shareholder lawsuit over its role in a massive bribery scandal that engulfed Brazil's state-owned oil company Petrobras SA, a US judge has ruled.
China to import first SGC, Thunderhorse oil from US in April
SINGAPORE/HOUSTON (Reuters) -- China will import Southern Green Canyon (SGC) and Thunderhorse crude oil from the Gulf Coast of the United States for the first time when a supertanker carrying 2 MM barrels arrives in April, two sources with knowledge of the matter said.
Business Trends: Standardized modularization—Drivers, challenges and perspectives in the oil and gas industry
Modularization is an alternative way of performing engineering aimed to reduce the number of interfaces, the total installed cost (TIC) and overall schedule length of a project, while optimizing the return on investment (ROI) and allowing standardization for similar future projects.
- Mideast conflict turbocharges diesel prices, squeezing Europe 6/23
- Pertamina is looking to import > 200,000/month of 90-octane gasoline 6/23
- Japan will mitigate potential gasoline price spike, prime minister says 6/23
- Linde to invest $400 MM to build the world-scale air separation unit 6/23
- OEG signs major partnership agreement in Qatar 6/23
- U.S. Supreme Court lets fuel producers challenge California emissions standards 6/23
