Crude oil
ConocoPhillips to spin off downstream business
ConocoPhillips’ board of directors has approved the separation of the company’s Refining & Marketing and Exploration & Production businesses into two stand-alone, publicly traded corporations via a tax-free spin of the refining and marketing business to shareholders.
Shell awards engineering contract to Wood Group for Canada oil, gas projects
IMV Projects, a Wood Group company, has been awarded a two-year frame agreement by Shell Canada to provide engineering, procurement and project management services to Shell's upstream oil & gas projects in Western Canada.
ExxonMobil Pipeline says cleanup work ongoing after Montana oil spill
ExxonMobil Pipeline Co. offered an operational update on Wednesday as Unified Command cleanup work continued following the July 1 release of oil into the Yellowstone River in Montana.
Meritage Midstream to build rich gas gathering system in Texas
Meritage Midstream Services will build a new rich gas gathering system in Webb County, Texas, including multiple downstream interconnects to allow access to markets such as the Eagle Ford shale.
API calls on Obama to restore Gulf offshore drilling, unveils study of potential job growth
Almost 190,000 new jobs could be created in 2013 if permitting in the Gulf of Mexico for offshore development returned to levels before the Obama administration’s moratorium, according to a study conducted by Quest Offshore Resources and released by the American Petroleum Institute (API).
NPRA asks US EPA to cut Renewable Fuel Standard
The National Petrochemical & Refiners Association (NPRA) is asking the US Environmental Protection Agency (EPA) to reduce mandated volumes of cellulosic and advanced biofuels in gasoline and the total Renewable Fuel Standard this year.
Jacobs wins EPC deal for new Canada oil refinery
Jacobs was awarded a contract by the North West Redwater Partnership to provide detailed engineering, procurement and construction services for the development of a new oil refinery in Alberta, Canada. Officials did not disclose the contract value.
EPA says no toxic chemicals found in Montana river after ExxonMobil oil spill
Following an oil spill from ExxonMobil Pipeline Co., water in Montana’s Yellowstone River is safe and shows no elevated levels for volatile organic compounds, according to the US Environmental Protection Agency (EPA).
NexLube to build used oil re-refinery in Florida with technology input from Axens, Viscolube
NexLube plans to begin construction of a used oil re-refinery and blending plant in Tampa, Florida, using Revivoil technology from Axens and Viscolube. The facility is expected to process 24 million gal/year of dehydrated used oil.
Engineering firm Bechtel buys delayed coking technology from ConocoPhillips
Global engineering firm Bechtel has purchased ConocoPhillips’ leading delayed coking technology, a move that uniquely positions Bechtel for growth in the refining industry, the companies said on Tuesday.
- Veolia and SBM Offshore partner to deploy near-shore, floating desalination units 1/15
- Formosa Petrochemical extends Taiwan cracker shutdown due to weak derivative margins 1/15
- Cargill advances maritime Decarbonization with delivery of first green methanol dual-fuel vessel 1/15
- Ammobia raises new funding to scale low-cost ammonia production technology 1/15
- TotalEnergies and Bapco Energies launch BxT Trading, a new player in the trading of petroleum products in the Middle East 1/14
- Advent Technologies and Airbus expand fuel cell technology for the aviation industry 1/14
