Crude oil
Rising US retail gasoline costs have yet to significantly dampen demand - report
Higher retail gasoline prices are not significantly changing the habits of US drivers, allowing demand to remain mostly flat on a year-on-year basis, according to data released this week from MasterCard Advisors’ SpendingPulse report.
Chevron awards $65mn contract to KBR for base oil expansion at Mississippi refinery
KBR has been awarded a $65mn contract for a base oil expansion project at Chevron’s refinery in Pascagoula, Miss., the global engineering and construction firm announced on Wednesday.
Holly Corp. shuts down crude unit at Tulsa refinery
Holly Corp. has shut down its West facility crude unit in Tulsa, Oklahoma, due to a mechanical failure that was discovered on Friday night.
New crude oil pipeline to be constructed from Oklahoma storage hub to Houston
Enterprise Products Partners and Energy Transfer Partners have agreed to form a 50/50 joint venture to design and construct a crude oil pipeline from Cushing, Oklahoma to Houston. The project would allow greater access to US Gulf-area refining complexes and add approximately 500,000 barrels of storage capacity at new facilities to be constructed and owned by the joint venture at Enterprise’s new Houston crude oil terminal.
CB&I awarded over $45mn to build storage tanks for Canadian oil sands project
CB&I has been awarded a project in excess of $45mn to build storage tanks at a Canadian oil sands project near Fort McMurray, Alberta.
McDermott wins Gulf of Mexico deepwater project work from Chevron
McDermott International, Inc. announced that one of its subsidiary companies was awarded fabrication and installation work from Chevron to support the development of the Jack and St. Malo fields in the Gulf of Mexico.
Survey shows majority of offshore workers proud of industry, would recommend to friend
Despite soaring oil costs, the one-year anniversary of the Deepwater Horizon rig explosion and political unrest in the headlines, a clear majority of offshore oil and gas workers say they are proud to work in the industry and would recommend it to a friend, according to a new survey conducted by engineering consulting firm NES Global.
BP commits up to $1 billion for restoration projects in Gulf spill areas
BP says it has signed an agreement with federal and state agencies that will accelerate work starting this year to restore areas of the Gulf of Mexico that were affected by the year-ago rig explosion of the Deepwater Horizon and ensuing oil spill.
Shell to close Australia refinery amid high competition, will convert site to fuel import terminal
Shell is proposing to convert its Clyde refinery and Gore Bay terminal in Sydney, Australia, into a fuel import terminal.
NuStar Energy buys South Texas refinery, terminal from AGE for $41 mn
NuStar Energy has closed on its purchase of certain refining and terminal assets of bankrupt firm AGE Refining for $41 mn excluding net working capital. The deal includes a refinery in San Antonio, Texas.
- 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
- Univation Technologies and C3 AI collaborate to deliver enterprise AI solutions for advanced predictive maintenance across the global petrochemical industry 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
