Americas
Imperial Oil starts up Kearl oil sands production
Located in the Athabasca region of northeastern Alberta, production from Kearl's initial development is expected to reach daily production of 110,000 bbl by late this year. Expansion will add another 110,000 bpd by late 2015, and the project has the potential to produce a capacity of 345,000 bpd by 2020.
Air Products to supply LNG heat exchangers for Maryland liquefaction plant
Air Products will supply its LNG proprietary C3MR liquefaction technology and equipment to a joint venture of IHI E&C International and Kiewit. It will be installed at Dominion's major liquefaction project, to be constructed at the site of Dominion's existing Cove Point LNG import terminal in Maryland.
TransCanada delays planned Keystone XL start
The company pushed back the in-service date for its proposed Keystone XL pipeline to the second half of 2015 as it awaits US government approval for the controversial project. The US State Department is still reviewing the project, which is opposed by environmental groups.
Chevron begins restart of Richmond refinery CDU
The crude distillation unit (CDU) was shuttered last Aug. 6 when a leak in associated piping caused a major fire. Other plants at the refinery have been operating at reduced rates since then.
Methanex approves second plant relocation from Chile to US
The Geismar II project includes their 1 million tpy methanol plant, which is expected to be operational by early 2016. The second phase is likely to cost $550 million. The global demand outlook for methanol is favorable and demand is expected to outpace capacity additions in the industry, the company says.
Two fuel barges explode in Alabama; three injured
Early indications were that a spark ignited residual gasoline vapors while a crew was cleaning the barges, said Lt. Mike Clausen of the US Coast Guard, which was still conducting an investigation late Thursday. "That's where the investigation is currently leading," he said.
Tesoro, Savage to build crude-by-rail shipping yard for US West Coast refiners
With access to rail and existing marine infrastructure, the Port of Vancouver is uniquely positioned to serve as a hub for the distribution of North American crude oil to West Coast refining centers, according to the companies. The deal is subject to approval by regulatory agencies and port commissioners.
India's Petronet agrees to 20-year deal to buy LNG from US company United
India's natural gas importers are fast sealing deals to secure supplies as demand far exceeds domestic output. The nation currently produces about three-quarters of its natural-gas requirements, but will need to import nearly half of its requirements within a few years due to dwindling production.
Sulzer Pumps forms alliance with China's Sinopec
Through this partnership, Sulzer Pumps will support Sinopec's international operations and export business through constant and cost-effective supply and technical excellence. For service support and spare parts, Sinopec will be supported by Sulzer Pumps' global service network.
Survey finds majority support Keystone XL pipeline
Nearly 75% of Americans and 68% of Canadians said they support or somewhat support the project, which would carry heavy crude from the Alberta oil sands to the US Gulf for refining. "Energy security, particularly in the US, is driving views on energy issues," said Nik Nanos, president of Nanos Research.
- U.S. firms to develop Syria energy masterplan after Trump lifts sanctions 7/18
- Russian seaborne diesel exports for July 1–15 fall 6% month-on-month 7/18
- INEOS invests £30 MM to slash emissions at Hull site by 75% 7/18
- Mitsubishi Chemical Group invests in Licella Holdings, oil conversion technology using supercritical water 7/18
- BASF and Equinor sign 10-yr natural gas supply agreement 7/18
- Oil prices rise after new EU sanctions on Russia 7/18
