Americas
Dresser-Rand HOSS compressors help secure energy supply
Underground storage facilities are crucial to the security of energy supply, and a key to balancing the supply and demand in natural gas consumption between the summer and winter months. Additionally, natural gas in storage also functions as insurance against unforeseen accidents or natural disasters.
Searching for ways to further reduce noise in the oil and gas industry
It comes as no surprise that employees working in oil and gas drilling, servicing and refining around the world are all exposed to higher decibel levels than most workplaces, considering various compressors, pumps, furnaces, blowers, extractors, and other equipment placed on rigs and in refineries.
Sunoco Logistics plans WTI crude pipeline from west Texas to Gulf
Sunoco Logistics Partners is seeking customers for a proposed pipeline that would transport crude oil from West Texas to the Gulf of Mexico, the third such pipeline the company has proposed since February. The pipeline should be operational by 2013, the company said.
Delta Air looks at buying ConocoPhillips refinery
Burdened by the soaring cost of jet fuel, Delta is thinking of making some of its own by acquiring the idled 185,000 bpd Trainer refinery near Philadelphia, sources say.
Flint Hills to shut down Alaska refinery crude unit amid poor margins
Flint Hills Resources said Wednesday poor refining economics were forcing it to suspend operations at a major fuel processing unit and lay off staff at its refinery in North Pole, Alaska. Idling the unit will force the company to lay off up to 40 of the 151 employees over the next five months.
Tech Air strikes deal to buy Dressel Welding Supply
Tech Air, a Danbury, Connecticut-based distributor of specialty gases and related welding supplies, will acquire Pennsylvania-based Dressel Welding Supply. “Dressel will serve as a strategic entry point into the highly attractive Central Pennsylvania and Northern Maryland markets," the CEO said.
INEOS taps KBR to build Texas ethylene furnace
The furnace design will add 465 million lb/year of furnace production capacity to the Chocolate Bayou olefins site in Alvin.
Chevron sees downstream margins up in refining, down in marketing
US energy major Chevron says its downstream earnings in the first quarter are expected to be higher, reflecting improved refining and chemicals margins, lower operating expenses, and gains on asset sales. International refinery crude-input volumes were up slightly compared to the fourth quarter.
Williams picks CB&I for engineering on Louisiana petrochemical expansion
CB&I was awarded a $300 million contract by Williams for a petrochemicals expansion project in Geismar, Louisiana. Plant capacity is expected to be increased from 1.35 to 1.95 billion lb/year. Ethylene, mainly produced via steam cracking, is the world’s largest volume hydrocarbon.
Oneok plans US crude pipeline from Bakken Shale to Cushing storage hub
ONEOK Partners plans to invest $1.5 billion to $1.8 billion between now and 2015 to build a 1,300-mile crude oil pipeline with the capacity to transport 200,000 bpd. Construction is expected to begin in late 2013 or early 2014 and be completed by early 2015, the company said.
- Envision Energy powers world's first green marine ammonia bunkering 7/25
- New catalyst breakthrough could make clean ammonia easier to produce 7/25
- U.S. Gulf refiners seek Middle East, S. American oil to offset Venezuela, Mexico losses 7/25
- CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions 7/25
- PetroChina makes FID for new northeast refinery complex 7/25
- Valero Energy beats Q2 profit estimates as refining margins improve 7/24
