Crude oil
Sunoco to exit refining, seek sale of two US units
Sunoco plans to exit the refining business and has begun a process to sell its refineries located in Philadelphia and Marcus Hook, Penn., the company said on Tuesday.
US Gulf oil production remains 60% shut after Lee
Offshore oil and gas operators in the Gulf of Mexico are re-boarding platforms and rigs following Tropical Storm Lee, with more than half of oil production still shut in.
Murphy Oil to sell La. refinery to Valero for $625mn
Murphy Oil has agreed sell its 125,000 bpd refinery and related assets in Meraux, Louisiana, to Valero for $325 million in cash plus the value of hydrocarbon inventory, putting the overall sale value near $625 million.
Halliburton files Gulf oil spill lawsuit against BP
Halliburton on Thursday filed claims against BP in Texas state court for negligent misrepresentation, business disparagement and defamation related to the Deepwater Horizon incident on April 20, 2010.
US Gulf producers shut in nearly half of oil capacity amid Tropical Storm Lee
Oil and gas operators around the Gulf of Mexico have begun evacuating platforms and rigs due to Tropical Storm Lee, with nearly 48% of oil capacity and 33% of natural gas production shut in. Lee intensified to become a tropical storm on Friday, according to the US National Hurricane Center (NHC), packing winds of 40 miles/hour.
Refining outlook: Capacity expansion and rationalization
Many factors are reshaping the global refined products industry, leading to inevitable change
Understand differences between thermal and hydrocracking
Successful operation and product yields are controlled by reactions at the molecular level
HP Construction: North America
Gevo, Inc. has plans with South Hampton Resources, Inc., a subsidiary of Arabian American Development Co., to build a hydrocarbon processing demonstration plant at its facility just outside of Houston..
HP Construction: Europe
Süd-Chemie, a member of the Clariant Group, has started construction of what will reportedly be the largest German plant for manufacturing climate-friendly biofuel cellulosic ethanol from agricul..
HP Construction Profile: Eni starts slurry technology project at Italy refinery
Italian oil and gas major Eni has started work on applying Eni Slurry Technology (EST) at its Sannazzaro de’ Burgondi refinery, located near Pavia in northern Italy.EST is Eni’s proprietary ..
- Aster Chemicals declares force majeure at Singapore naphtha cracker 8/29
- Orlen signs 1-yr deal with Equinor for supply of 15% oil it uses 8/29
- Novatek partially resumed processing at Ust-Luga complex 8/29
- Phillips 66 to begin winding down Los Angeles-area refinery next week 8/29
- Update: Mexico's Minatitlan refinery back online, Olmeca still down 8/29
- SIBUR produces test batch of first hexane plant in Russia 8/28
