Crude oil
Murphy Oil completes US refinery sale to Calumet
Calumet Specialty Products has completed its previously-announced acquisition of Murphy Oil’s refinery and associated operating assets and inventories in Superior, Wisconsin, for about $442 million, subject to post-closing purchase price adjustments.
Neste Oil plans €60mn process safety upgrade for Finland refineries
Neste Oil will spend about €60 million in 2012 on process safety improvements for its Porvoo and Naantali refineries in Finland. Investments will focus on further improving process, fire, and personnel safety by modernizing process automation and automated safety systems, the company said.
Halliburton acquires oilfield service firm Multi-Chem
Energy products and services major Halliburton has completed its previously-announced acquisition of oilfield chemicals firm Multi-Chem. Initially announced in September, the acquisition further strengthens Halliburton’s total offering while improving its competitiveness in a rapidly expanding global business, the company said.
Enbridge expands N America crude pipeline access
Enbridge on Monday announced a pair of projects that will provide increased access for refineries in the US Midwest and in Ontario, Canada, to light crude oil produced in the western US and Canada.
Shell seeks shipper commitments for proposed Louisiana-to-Houston crude pipeline
Shell has started a non-binding solicitation of interest period for firm capacity on its proposed St. James to Houston pipeline project, known as the Westward Ho pipeline. The Westward Ho pipeline would enhance access to the anticipated increased domestic production of US Gulf of Mexico and foreign crude available at St. James, La., the company said.
US shale boom lifts petrochemical exports - report
The US shale gas exploration and production boom continues to fuel significant cost advantages for North American commodity chemicals producers as relative costs of natural gas and oil-based feedstocks remain far apart, according to a new report from credit-watch firm Fitch Ratings.
Enterprise, Enbridge plan Cushing-to-Gulf pipeline
Enterprise Products and Enbridge are planning to design, construct and operate a new pipeline to transport crude oil from the oversupplied Cushing hub in Oklahoma to the Texas Gulf Coast refining complex outside Houston.
Shell shuts down large Singapore refinery after fire
Shell is in the process of shutting down its 500,000 bpd refinery in Pulau Bukom, Singapore, following the recent fire at the facility, company officials said on Thursday. The fire, which began on Wednesday and may have been started during maintenance work, has been extinguished. However, there are still traces of fuel vapor, according to Shell officials.
API seeks delay of US EPA refinery emissions rules
The American Petroleum Institute (API) is asking the US Environmental Protection Agency (EPA) for additional time to make comments on EPA's proposed rules for emissions from the production of oil and natural gas. API also asked for the EPA to delay its proposed rule for refinery emissions to allow adequate time for EPA to review emissions data submitted by industrial facilities this month, it said.
ConocoPhillips to sell or shut Pennsylvania refinery
ConocoPhillips is seeking to sell its 185,000 bpd refinery in Trainer, Pa., and associated pipelines and terminals, the company announced on Tuesday. ConocoPhillips will immediately begin the process of idling the facility and will permanently close the plant in six months if a sales transaction is unsuccessful, it said.
- Allied Biofuels signs PIA with Uzbekistan to advance $6-B biofuels refinery project 4/10
- Nufarm strengthens strategic collaboration to support long term growth in biofuels production 4/10
- Pertamina and CRecTech sign MoU to explore pilot biogas-to-biomethanol facility in SEZ, Indonesia 4/10
- Shell Chemicals and Syensqo partner to deliver low-carbon ethylene oxide solutions 4/10
- HAMR Energy’s nationally significant fuel projects selected for Australian Government’s Investor Front Door Pilot 4/10
- HD Hyundai Heavy Industries builds world's first ammonia-powered vessel 4/10
