Crude oil
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.
Anadarko picks Technip to engineer Gulf oil project
Anadarko Petroleum has issued a letter of intent to France-based Technip for the engineering, construction and transport of a 23,000 ton Truss Spar hull for their Lucius field development. This field is located in approximately 7,100 feet (2,165 meters) of water in the US Gulf of Mexico.
Technip wins design deal for Qatargas refinery expansion
Technip has won the design contract for a capacity-doubling expansion of Qatargas’ Laffan condensate refinery, officials said on Friday. France-based Technip will design facilities to raise output to 292,000 bpd, up from 146,000 bpd. The value of the front-end engineering and design deal was not disclosed.
INEOS venture receives $75mn in US financing for Florida bio-refinery project
INEOS Bio announced that its joint-venture project, INEOS New Planet BioEnergy (INPB), has finalized $75 million in private financing utilizing the US Department of Agriculture (USDA) loan guarantee program for its new Indian River BioEnergy Center located in Florida.
Valero restarting Memphis refinery after recent fire
US refiner Valero is restarting units at its Memphis refinery in Tennessee, which was shut down on Aug. 5 due to a fire in a crude distillation unit. The restart will begin with one of the crude distillation units, FCC, and other key units, the company said.
Fluor wins deal from Chevron to expand oil pipeline in Kazakhstan, Russia
Fluor has been awarded a contract by Chevron Neftegaz - one of three project managers engaged by the Caspian Pipeline Consortium - for its recently-announced expansion project. Fluor will provide project services for the marine terminal and supervisory control and data system (SCADA) portions of the Caspian expansion project.
- XRG to expand its global chemicals reach with takeover of Covestro 11/21
- thyssenkrupp Uhde selected by Dangote Fertilizer Ltd. to license four urea granulation units in Nigeria 11/21
- Indian and Chinese refineries are moving to comply with U.S. sanctions on Russia 11/21
- China's first coal-to-chemicals project with green hydrogen starts commercial operations 11/20
- Norsk e-Fuel and Braskem partner to turn captured carbon into long-lasting products 11/20
- Nigeria's Dangote refinery delays CDU maintenance to end of January 2026 11/20
