Crude oil
US Senate blocks two oil bills as Democrats, GOP clash over gas prices
Two oil-related bills were blocked this week in the US Senate along partisan lines, as Democrats and Republicans continue to propose differing solutions to reduce retail fuel prices.
CB&I wins $50mn Canadian oil sands project
Engineering and construction firm CB&I said on Wednesday that it won a $50mn project to build storage tanks at a Canadian oil sands project near Fort McMurray, Alberta.
Motiva picks KBR to build coker for refinery expansion in Port Arthur, Texas
KBR announced that its subsidiary Roberts & Schaefer (R&S) has been selected to construct a petroleum coker (pet coke) material handling system for Motiva’s refinery expansion project in Port Arthur, Texas.
Plains to build 300,000 bpd pipeline from Eagle Ford shale to Corpus Christi
Plains All American Pipeline plans to build a 130-mile, 300,000 bpd crude oil and condensate pipeline, a marine terminal facility and 1.5mn bbl of storage capacity to service growing Eagle Ford shale production in south Texas.
US refiner Sunoco acquires controlling interest in Ohio refined products pipeline
US refiner Sunoco has acquired a controlling interest in Inland Corp., a firm which consists of an active 350-mile refined products pipeline and related facilities in Ohio that service multiple Ohio refineries and terminal markets.
Eni starts slurry technology project at Italy refinery
Italian oil and gas major Eni started work on applying Eni Slurry Technology (EST) at its Sannazzaro de' Burgondi refinery, located near Pavia in northern Italy.
Margins surge for US inland refiners as Cushing crude bottleneck leads to WTI discount - study
US refinery margins surged in the first quarter, led mostly by inland refineries amid historically low prices for WTI-priced inland crude oils relative to waterborne alternatives, according to a study released on Tuesday from consulting firm Baker & O’Brien.
Refineries remain operational along Mississippi after opening of Morganza Spillway
Refineries along the Mississippi River remained operational on Monday following the opening of several bays off the Morganza Spillway in Louisiana. It marks the first time the Morganza has been used since 1973, as US officials are seeking to take pressure off the swollen Mississippi with flood waters rushing downstream.
Malaysia’s Petronas to build $20 billion integrated refinery, petrochemical complex
Malaysia’s state-owned energy major Petronas will build a $20 billion integrated refinery and petrochemicals complex in Southern Johor, the company said on Friday.
IEA lowers estimate for 2011 oil demand growth
The International Energy Agency (IEA) lowered its projection for global oil demand growth in 2011, falling by 190,000 bpd, or 0.2%, from an earlier estimate.
- XRG to expand its global chemicals reach with takeover of Covestro 11/21
- U.S. FERC explores blanket authorizations for LNG projects 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
- Dynamis Power Solutions awards Baker Hughes with significant order for gas turbine technology to support mobile power for oil and gas applications 11/21
- China's first coal-to-chemicals project with green hydrogen starts commercial operations 11/20
