Crude oil
Barge firm Kirby warns of increasing flooding along Mississippi as industry worries continue
US chemical shipper and barge firm Kirby said on Thursday that high water and flooding issues on the Mississippi River may have a greater-than-anticipated earnings impact, adding to logistics concerns for petrochemical and refining companies as rising waters move downstream.
NPRA blasts US bill to repeal oil tax breaks as energy execs testify to Senate
The president of the National Petrochemical & Refiners Association (NPRA) spoke out on Thursday against US Senate proposals to eliminate tax breaks for major oil producers, alleging that such policy would give foreign competitors an unfair advantage.
Linde partners with Sapphire on CO2 algae-to-fuel project in US
Technology group Linde says it has entered into a multi-year agreement with algae-based crude oil producer Sapphire Energy to co-develop a low-cost system to deliver carbon dioxide (CO2) to commercial-scale, open-pond, algae-to-fuel cultivation systems.
Conoco CEO to speak at US Senate hearing, says higher oil taxes would discourage investment
ConocoPhillips CEO Jim Mulva will appear on Thursday at a Senate Finance Committee hearing in Washington, D.C., where he says he will outline the negative effects of proposed tax policy targeting major energy companies.
ExxonMobil begins drilling, construction on Texas oil recovery project
ExxonMobil said on Tuesday that drilling and construction have started on an enhanced oil recovery project at the Means field in Andrews County, Texas. The first phase of the project has the potential to recover as much as 5mn barrels of additional oil, an amount equal to the annual energy needs of about 170,000 Texas households.
Lower Mississippi River refineries, chemical plants prepare for possible flood disruptions
Refineries and nearby chemical plants along the lower Mississippi River are bracing for possible flooding in coming weeks as rising waters move downstream, raising fears over disruptions to US gasoline supply.
Shell opens first US pipeline-fed hydrogen fueling station for fuel-cell vehicles
Shell on Tuesday opened the first-ever US pipeline-fed hydrogen fueling station, using hydrogen, a West Coast pipeline system, and fueling technology from Air Products.
Oman awards contract to Chevron Lummus for Sohar refinery expansion
Oman Refineries and Petrochemicals Co. (ORPC) will use ISOCRACKING technology from Chevron Lummus Global as part of its Sohar refinery expansion project, seeking to boost margins and increase production.
Bill introduced in US Senate that would repeal tax breaks for major oil firms
US Senators introduced a bill on Tuesday that would repeal tax breaks for the five biggest oil companies, including Shell, ExxonMobil, BP, Chevron and ConocoPhillips.
API praises US House bill to restart US offshore leasing, calls for more domestic production
American Petroleum Institute executive vice president Marty Durbin said he supports the House Natural Resources Committee’s efforts to focus on the need to produce more of America’s oil and natural gas resources, which would create more jobs for workers and more revenue for government, the API says.
- OCI Global completes $1.9-B sale of OCI Methanol to Methanex Corporation 6/30
- Partnership for sustainability: Pekutherm and POLYVANTIS launch circular economy initiative 6/30
- Lloyd’s Register signs strategic collaboration with DAI Infrastruktur for green ammonia Project Ra 6/30
- Alleima expands product portfolio for the urea industry with SAF™ 2906 6/30
- UK's Lindsey oil refinery insolvent, 420 jobs at risk 6/30
- Irving Oil reports normal operations after fire at Saint John refinery (Canada) 6/30
