Americas
Emerson unveils new system to monitor corrosion
The Roxar Corrosion Monitoring system, consisting of wireless-based probes, will provide refineries with flexible, responsive, integrated and accurate corrosion monitoring, according to project officials.
Kinder Morgan to acquire 15 refined product terminals in US from BP
The terminals, with 9.5 million bbl of storage, are pipeline-connected to key refining and processing centers across the US and offer extensive truck, vessel, and barge access and terminal services.
Praxair adds new Utah liquefier to serve refiners
A new liquefier will be added to Praxair’s plant, which will nearly double the production of both liquid nitrogen and liquid oxygen. The project is expected to be completed in the first quarter of 2017.
Mitsui, Celanese launch new Texas methanol plant
In addition to access to reliable supplies of affordable gas feedstocks thanks to the US shale revolution, project officials also expect to benefit from the use of existing infrastructure.
Global petrochemical prices fall to six-year lows
Petrochemical prices, expressed as a monthly average, fell $102/ton from August to $786/ton in September. This is the second straight month where the average price has fallen over $100.
NiQuan Energy enlists Black & Veatch to advise on Caribbean GTL project
Black & Veatch will perform a detailed review of plant engineering design and specifications, its structural and mechanical integrity and adherence to applicable codes. The company will provide design specification for completion of the facility, a project schedule and an overall cost estimate.
Sasol picks Emerson to automate new Louisiana petrochemicals project
The automation project is one of the largest in history awarded to Emerson. The complex includes an ethane cracker that will produce 1.5 million tpy of ethylene, as well as six chemical manufacturing plants designed to convert the ethylene into a diverse range of chemicals.
CB&I wins EPC on new US Gulf chemicals project
CB&I was awarded a contract in excess of $100 million by a major chemical corporation to engineer, procure, fabricate and construct a specialty chemicals plant in the US Gulf Coast region.
Chevron extends job cuts to trading desks
Chevron will cut staff on its global energy trading desks, making it the latest unit to face reductions as part of a $3 billion cost-saving plan brought on by weak crude oil markets.
Phillips 66 unveils 2016 capital expenditures plan for refining, NGL projects
Phillips 66 plans $1.2 billion of capital expenditures in refining, with approximately 70% to be invested in reliability, safety and environmental projects, including compliance with the new Tier 3 gasoline specifications.
- IHI, Vopak to launch ammonia terminal project in Japan 7/11
- India's BPCL plans to shut Bina refinery unit for 15-day maintenance in August 7/11
- Soaring electric truck sales deal new blow to diesel use in China 7/11
- Russia`s Tatneft launches new hydrocracking unit on TANECO refinery 7/11
- IEA: Global oil market may be tighter than it looks 7/11
- India must boost its petchem output to counter China's dominance, Reliance says 7/11
