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Crude oil

Technip awarded €100mn EPC contract for Canada oil sands project

France-based Technip said it has been awarded an engineering, procurement and construction (EPC) support contract worth approximately €100mn for the Horizon oil sands project in Fort McMurray, Canada.

Deferred maintenance causes upsurge in pump failures

Hydrocarbon Processing Staff: Bloch, Heinz P.

Not addressing the root cause of a failure puts resources and employees at risk

HP Construction: North America

Hydrocarbon Processing Staff: Meche, Helen

Chevron Phillips Chemical Co., LP, is advancing a feasibility study to construct a world-scale ethane cracker and ethylene derivatives at one of its existing facilities in the US Gulf Coast region. Th..

HP Innovations: HPInnovations

EYESIM Virtual Reality now available on iPhone and iPadFollowing the successful launch of the innovative Virtual Reality training system EYESIM, Invensys Operations Management, a global provider of te..

Mexico needs new oil investment to avoid becoming net importer by 2020 - study

Without sufficient investments in upstream oil field activities utilizing new and advanced technologies, Mexico faces the prospect of becoming a net oil importer in 10 years, according to a new research study.

EIA releases annual US energy outlook, sees strong growth in shale production

The US Energy Information Administration (EIA) this week released the complete version of its 2011 annual energy outlook (AEO2011), which includes 57 sensitivity cases that show how different assumptions regarding market, policy, and technology drivers affect prior projections of energy production, consumption, technology, and market trends.

Enbridge plans $175mn expansion of Texas shale transportation infrastructure

Enbridge Energy Partners will invest an additional $175mn to expand its East Texas shale infrastructure, the crude and natural gas transportation services firm said on Friday.

Higher oil prices to limit demand growth, economic recovery – Ernst & Young

Unrest in North Africa and the Middle East, coupled with the disaster in Japan, threatens the sustainability of the global economic recovery, but the momentum of growth is thought to be strong enough in most regions to absorb the shocks, according to a quarterly analysis report from business advising firm Ernst & Young.

BP plans $388mn cleaner diesel project at Cherry Point refinery in Washington

BP will begin a $388mn project in May to install hydrogen diesel units at its Cherry Point refinery in Washington, according to a recent report in the Bellingham Herald newspaper.

BP, Dow Chemical plants in Texas City lose power as regional outages continue

The BP chemical plant in Texas City, Texas, lost power on Wednesday morning, marking the latest in a string of outages for the area’s numerous plants and refineries - including nearby producer Dow Chemical.