Refining
BP awards environmental consulting pact to AMEC for global refining work
AMEC has an existing environmental services framework contract with BP in North America, and this latest award effectively forms a global agreement for environmental services between the two companies. The value of the contract, which will run until to 2017, has not been announced.
BP sees US oil production rising at record pace
In its world energy review, BP revealed that 2012 had the largest single-year increase ever seen in the US, largely from unconventional hydrocarbons such as tight oil. This illustrates an example of the increasing diversity of energy sources as the global market continues to adapt and evolve.
Petrobras mulls Northeast Brazil refinery venture with Korea's GS Energy
Brazil currently suffers from a refining shortfall. Petrobras's plans to build the refinery, called Premium 2, have been pushed back to 2017 or 2018 as the company focuses its $237 billion investment plan through 2016 on boosting crude oil production and development of ultra-deepwater offshore fields.
Phillips 66 to sell Ireland's only oil refinery
Phillips 66 is selling its downstream businesses in Ireland, including the Whitegate refinery in Cork. The move reflects the challenges refiners are facing in Europe, where lower demand for fuel and higher costs of feedstock have put pressure on profits and led some companies to close down plants.
China's CNPC to join key Ecuador refining project
CNPC Chairman Zhou Jiping had signed a framework agreement with Ecuador's Coordinating Minister for Strategic Sectors and Petroecuador's President, under which CNPC "will take a share in the construction of the Pacific Refinery project and participate in the exploration and development."
Neste Oil to buy algae oils from Cellana to use as biofuels feedstock
The agreement will enable Neste Oil to purchase Cellana's algae oil for use as a feedstock in the future for producing renewable fuel. The deal is contingent on Cellana's future production capacity and on compliance with future biofuel legislation in the EU and US, among other factors.
Petrobras delays Comperj refinery startup to 2016
Speaking during an event Friday, Petrobras CEO Maria das Gracas Foster said environmental license issues and changes to the refinery's design were the reasons for the delay. The Comperj refinery will have installed capacity to process 165,000 bpd of crude oil when it first enters operation.
Refinery watch: Planned and unplanned US outages
Motiva Enterprises on June 6 said planned maintenance on a delayed coker unit's gas recovery system at its Port Arthur, Texas, refinery under way since June 3 resulted in flaring. Tesoro on June 2 reported the start-up of a H2SO4 plant at its Golden Eagle Refinery in Martinez, California.
Construction approved for second Vietnam refinery
The $9 billion Nghi Son complex will have a refining capacity of 200,000 bpd. It is slated to process Kuwaiti crude supplied exclusively by Kuwait Petroleum International. Construction will begin in July and commercial operations are expected to start in the second quarter of 2017.
Petroperu to start Talara refinery upgrade in July
The president of Petroperu said preliminary work on the $2.7 billion project has already started. The government plans to reduce levels of sulfur and allow the aging refinery to refine heavier crude.
- PyroGenesis announces completion of coke-oven gas valorization and H2 production project for Tata Steel 7/15
- New protein-based system enables plastic recycling with reusable enzymes 7/15
- CF Industries starts Donaldsonville (U.S.) Complex CO2 dehydration and compression unit, permanent CO2 sequestration 7/15
- Emerson introduces GenAI-enabled automation for power and water industries 7/15
- Trump's sanctions threat looms over Russian oil exports to China, India and Turkey 7/15
- China state refiners ramp up output on rising demand, stock rebuild 7/15
