Crude oil
US Gulf oil producers shut in output as storm looms
Offshore oil and gas operators in the Gulf of Mexico have begun evacuating platforms and rigs due to an area of tropical disturbance (Invest 93 L), with nearly 6% of regional oil capacity already shut in. The system is likely to strengthen into Tropical Storm Lee either late Thursday or early Friday, according to the US National Hurricane Center (NHC), packing winds of at least 40 miles/hour.
PGI Energy forms new European division to trade petroleum products in UK
PGI Energy has established a new European division, registered in London and Wales to trade petroleum products throughout the UK, the energy holding company said on Wednesday.
Fluor, NAEP awarded mine construction contract at Canada oil sands
North American Energy Partners (NAEP) has been awarded a $127 million heavy civil construction contract with Fluor Canada at Syncrude’s Base Mine. The new contract at Syncrude is the first of several large construction contracts to be let relating to the mine train relocations at Syncrude's Base and Aurora Mines.
Jacobs wins FEED phase of clean fuels, aromatics project at Ras Tanura refinery
Jacobs Engineering Group said Tuesday that it has been awarded the second phase of the clean fuels and aromatics project at the Ras Tanura refinery. This award is under the Saudi Aramco general engineering and project management services (GES+) contract.
ExxonMobil, Rosneft agree to $3.2bn Arctic oil deal
Rosneft and ExxonMobil said they have agreed to undertake joint exploration and development of hydrocarbon resources in Russia, the US and other countries throughout the world, while also beginning technology-sharing activities.
Bahamas oil terminals restart after Hurricane Irene
Buckeye Partners initiated start up procedures on Friday at BORCO, its marine terminal in the Bahamas, following the passage of Hurricane Irene. Buckeye had suspended operations at the terminal on Wednesday night as part of its preparations to secure the facility for Irene.
KBR awarded engineering design deal for BP FPSO project in UK
KBR said it received a letter of award from Hyundai Heavy Industries Co. to perform engineering design and procurement support for the BP Quad 204 floating production storage and offload (FPSO) project to be located west of Shetland Isles in UK waters.
Foster Wheeler awarded EPCm contract for Engen South Africa pipeline project
Foster Wheeler has been awarded a contract by Engen Petroleum for engineering, procurement and construction management (EPCm) services for Engen’s new multi-products pipeline feeder lines and infrastructure project at the company’s Durban refinery in South Africa.
Albemarle to produce renewable base oils for Amyris, Cosan JV
US specialty chemicals producer Albemarle has agreed to supply base oils to Novvi, a joint venture between Amyris and Cosan focused on the development, production, marketing and distribution of renewable base oils from Biofene, Amyris' renewable farnesene.
Enterprise, Energy Transfer call off proposed JV for Cushing-to-Houston crude pipeline
Enterprise Products has called off its proposed joint venture with Energy Transfer to develop and construct a 584-mile crude oil pipeline from Cushing, Oklahoma to Houston.
- 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
