Environment & Safety Gas Processing/LNG Maintenance & Reliability Petrochemicals Process Control Process Optimization Project Management Refining

Americas

PTT postpones FID on Ohio ethane cracker project

Even though PTT has postponed their FID on the Ohio ethane cracker project, preparation for the site is still underway.

Novatek ships first LNG cargo

Novatek has supplied its first LNG cargo sourced from the Trinidad & Tobago LNG plant, to Chile, port Quintero.

Cruel summer for US refiners as margins tank

Summer driving season is in full swing and American motorists are filling their tanks at a healthy clip, but that is not swelling the profit margins as much as usual at US independent oil refiners.

Delta cuts output at Philadelphia-area refinery

Delta Air Lines has cut production rates by roughly 16% at its Philadelphia-area refinery as refining margins have fallen below their ten-year average for this time of year.

Shell seeks $2 B from Aramco in Motiva JV breakup

Royal Dutch Shell has asked Saudi Aramco for up to $2 B as part of the breakup of their giant Motiva Enterprises refining joint venture in the United States.

Venezuela Amuay refinery ups output, restarts distillation unit

Venezuela's Amuay refinery has restarted a distillation unit and is now processing 350 Mbpd.

PBF takes over Los Angeles-area Exxon refinery

US refiner PBF Energy took ownership on Friday of a Los Angeles-area refinery purchased from Exxon Mobil Corp for $537.5 M, clearing the way for it to focus on further North American acquisitions.

US crude stockpiles fall, gasoline builds as refiners boost output

US crude oil stockpiles fell sharply last week and gasoline inventories posted an unseasonably surprise large build as refineries ramped up production.

California probes oil refiners for gas price manipulation

California has issued subpoenas to Valero Energy Corp. and Chevron Corp. as part of a probe into whether oil refiners in the state have manipulated gasoline prices since 2014.

US Energy Secretary believes oil supply and demand should be in balance by 2017

The global oil market should see supply and demand in balance by 2017 though it will remain structurally well-supplied for the next couple of years, US Energy Secretary Ernest Moniz said.