Americas
US oil, gas producers redeploy Gulf of Mexico staff as Debby weakens
Oil and gas producers in the US Gulf of Mexico moved to restaff their offshore operations and restart disrupted output Monday, as a weakening Tropical Storm Debby turned toward the western Florida coast. The National Hurricane Center said the storm had maximum sustained winds of 45 miles an hour.
Delta closes on Pennsylvania refinery purchase
Delta Air Lines’ wholly-owned subsidiary, Monroe Energy, has completed its previously-announced deal to acquire the 185,000 bpd Trainer refinery complex from Phillips 66.
Global liquid fuels demand seen rising 0.9%/yr - EIA
Global liquid-fuels demand is expected to rise by 0.9% between 2010 and 2035, to 109.5 million bpd, with the world becoming more reliant on OPEC oil, according to a new US government forecast released on Monday. OPEC's share of world demand will rise to 41.9% in 2035 from 39.7% in 2010.
Japan hopes to secure deal for US exports of LNG
Japan officials are hopeful that an accord can be reached with the US to secure LNG exports. US authorities in April granted approval for the first LNG exports in more than 40 years from a site on Louisiana coast, in a decision that is expected to pave the way for a major shift in global gas markets.
US fuel demand shows recent improvements - API
Total US petroleum deliveries rose 0.5% in May over the same month last year to 18.5 million bpd, according to monthly data from the American Petroleum Institute (API) trade group. May distillate demand was up 2.0%, though down 1.5% for the first five months. Jet fuel demand rose in May.
Aither, Bayer mull possible catalytic ethane cracker in West Virginia
Aither Chemicals signed a memorandum of understanding (MOU) with Bayer MaterialScience to launch an open season for ethylene from a potential catalytic ethane cracker in the Kanawha Valley region of West Virginia. If approved, production could begin in early 2015.
Enterprise to build propane dehydrogenation plant on Texas Gulf coast
Enterprise Products will build a world-scale propane dehydrogenation (PDH) unit on the Texas Gulf coast, with the capacity to consume up to 35,000 bpd of propane to produce up to 1.65 billion lb/year (750,000 tpy or 25,000 bpd) of polymer-grade propylene (PGP). Operations will begin in the 2015 third quarter.
Sunoco Logistics unveils new pipeline project for West Texas crude
The initial phase would move 150,000 bpd of Permian oil into the Beaumont, Texas area, by reversing an existing pipeline and using excess capacity available in another line. It could start operating within 6 to 9 months at an initial rate of 90,000 bpd, ramping up to full capacity by mid-to-late 2013.
Linde to expand nitrogen, oxygen facility in Oregon
Linde will expand its facility in Hillsboro, Oregon, by adding an additional plant to manufacture ultra-high purity nitrogen and oxygen, the company said Wednesday. The new plant adds to the two existing ultra-high purity nitrogen and oxygen plants already operating at the site.
Canadian oil spills raise pipeline safety worries
Three recent oil spills have raised concern over pipeline safety in Canada, just as the government and domestic oil industry are seeking support for a series of new projects.
- IHI, Vopak to launch ammonia terminal project in Japan 7/11
- India's BPCL plans to shut Bina refinery unit for 15-day maintenance in August 7/11
- Soaring electric truck sales deal new blow to diesel use in China 7/11
- Russia`s Tatneft launches new hydrocracking unit on TANECO refinery 7/11
- IEA: Global oil market may be tighter than it looks 7/11
- India must boost its petchem output to counter China's dominance, Reliance says 7/11
