Crude oil
HP Construction: North America
Sunoco Inc., and The Carlyle Group, L.P., have completed the formation of Philadelphia Energy Solutions, a joint venture (JV) that will operate the Philadelphia refinery. The refinery processes 330,00..
HP Construction: South America
Bechtel has a license agreement with Pemex Refinación, the refining subsidiary of Mexican state oil company Pemex, for the process design of a delayed coking unit (DCU) complex for the new Tula r..
HP Construction: Europe
Alfa Laval has an order to supply its compact heat exchangers to a petrochemical company in Western Europe. The order is valued at approximately SEK 70 million. Delivery of the exchangers is scheduled..
HP Construction: Middle East
Some of Maire Tecnimont S.p.A.’s subsidiaries have been awarded contracts totaling approximately €135 million for engineering, procurement and technology services.In Egypt, its subsidiary, T..
HP Construction: Asia-Pacfic
Technip has two contracts, worth approximately €50 million in total, for the front-end engineering and design (FEED) services of two refineries in Kazakhstan. The scope involves the modernization..
HP Innovations: Innovations
Neste Oil makes progress on microbial oil plantFinland’s Neste Oil recently completed the first phase of a pilot plant for producing microbial oil. The €8 million plant is expected to be com..
Northeast US refineries nearly back to full strength after Hurricane Sandy
Sandy, which made landfall in New Jersey Monday, caused refineries with a total of 1 million bpd in capacity to shut down or cut operating rates. Most refineries are back to normal, although power outages have made getting supply to gas stations difficult and forced drivers to wait in long lines to refuel.
Gunvor signs deal with Russian company Rosneft to export refined products
Commodity trader Gunvor Group won the contract to export products from Rosneft's three refineries in Russia's Samara region following a tender. Gunvor will export the products via its Ust-Luga terminal on the Baltic Sea and its 50%-owned Novorossiysk terminal on the Black Sea.
US energy independence not necessary to reach energy security – report
Deloitte Center for Energy Solutions recently released a report titled, "Energy independence and security: A reality check," that examines whether or not energy independence is necessary to achieve energy security. Deloitte contends that the answer is "probably no."
Midstream processors reap benefits as US targets liquid shale plays – PwC
There were nine midstream deals that contributed $11.1 billion. According to PwC, there has been a rise in midstream processing deals during 2012 due to the oil and gas liquids being extracted from the shale plays and as companies think through the various scenarios that may play out with exports.
- Chiyoda, AVEVA forge strategic partnership to power plantOS with AVEVA CONNECT 6/27
- SABIC announces closure of Olefins 6 facility in Teesside, UK 6/27
- LyondellBasell's polyolefin technologies selected by SHCCIG Yulin for petrochemicals complex in China 6/27
- Damaged unit of Iran's South Pars refinery back operating 6/27
- hte conducts research for JGC to advance decarbonization by identifying suitable catalysts for ammonia cracking 6/26
- TES and CPC Finland to develop 500-MW e-NG project in Finland 6/26
