Americas
Margins surge for US inland refiners as Cushing crude bottleneck leads to WTI discount - study
US refinery margins surged in the first quarter, led mostly by inland refineries amid historically low prices for WTI-priced inland crude oils relative to waterborne alternatives, according to a study released on Tuesday from consulting firm Baker & O’Brien.
EPA delays implementation of new US industrial boiler regulations
The US Environmental Protection Agency (EPA) postponed the implementation of new air pollution rules for boilers, saying it wants more feedback from the public and industry.
Orascom JV acquires idled ammonia-methanol plant in Texas, production to restart
Orascom Construction Industries (OCI) announced Monday that its wholly-owned subsidiary, Netherlands-based OCI Nitrogen, acquired an integrated ammonia-methanol plant located in Beaumont, Texas. OCI acquired the plant through a joint venture with Janus Methanol, named Pandora Methanol, in which OCI holds 50% plus 1 share, it said.
Sasol selects S&B as EPC contractor for US ethylene tetramerization plant
Sasol has selected Houston-based S&B Engineers and Constructors (Houston, Texas) as its engineering, procurement, and construction management (EPCm) contractor to build its recently-announced ethylene tetramerization plant in Lake Charles, Louisiana.
Refineries remain operational along Mississippi after opening of Morganza Spillway
Refineries along the Mississippi River remained operational on Monday following the opening of several bays off the Morganza Spillway in Louisiana. It marks the first time the Morganza has been used since 1973, as US officials are seeking to take pressure off the swollen Mississippi with flood waters rushing downstream.
Kinka Kikai valves certified as low emission
All valves manufactured in Kinka Kikai’s South Korea facilities are now certified as “low emission” after passing the stringent API 622 testing at 50 ppm.
IEA lowers estimate for 2011 oil demand growth
The International Energy Agency (IEA) lowered its projection for global oil demand growth in 2011, falling by 190,000 bpd, or 0.2%, from an earlier estimate.
US ethanol groups praise new legislation seeking to promote industry versus imported oil
A pair of ethanol organizations praised new legislation from the US Congress, claiming that such policies are needed to compete with imported oil.
Technip wins EPC deal for Canada subsea project
Technip received a contract from Hibernia Management and Development (HMDC) in Canada for the Hibernia southern extension project.
ExxonMobil shuts parts of two Louisiana crude pipelines amid flooding concerns
ExxonMobil Pipeline Co. has shut down parts of two pipelines in Louisiana amid increased flooding concerns along the Mississippi River, the company said on Friday.
- XRG to expand its global chemicals reach with takeover of Covestro 11/21
- Armstrong International to double heat pump production capacity in Herstal, Belgium 11/21
- U.S. FERC explores blanket authorizations for LNG projects 11/21
- thyssenkrupp Uhde selected by Dangote Fertilizer Ltd. to license four urea granulation units in Nigeria 11/21
- Indian and Chinese refineries are moving to comply with U.S. sanctions on Russia 11/21
- Dynamis Power Solutions awards Baker Hughes with significant order for gas turbine technology to support mobile power for oil and gas applications 11/21
