Diesel
Natural gas company Chesapeake seeks to reduce US dependence on OPEC oil
In an effort to help break what it described as a 38-year stranglehold by OPEC on the US economy, Chesapeake Energy unveiled a plan that it says offers a scalable and affordable pathway toward a transportation future that runs on domestic supplies of natural gas and oil from deep shale and other unconventional formations.
Elliott Group to supply compressors for Petrobras refinery expansions in Brazil
Elliott Group has won contracts from Brazilian oil major Petrobras to supply compressors for expansion projects at the company's REGAP and REMAN refineries as well as the new northeast refinery RNEST. The projects will aid the Petrobras' efforts to increase domestic production of high-quality diesel fuel, officials said.
HP Construction: North America
CB&I has been awarded an additional project, valued at approximately $50 million, for storage tanks at an oil-sands project near Fort McMurray, Alberta, Canada. CB&I’s scope of work includes the ..
HP Construction: Europe
Jacobs Engineering Group Inc. has received a contract from Goteborg Energi AB for the GoBiGas project, a 20-MW biomass gasification and methanation project in Goteborg, Sweden. Officials estimate the ..
Mississippi ranked as world's top spot for oil and gas investment
Mississippi is ranked as the top place in the world for oil and gas investment, according to the opinions of international petroleum executives and managers in the annual Global Petroleum Survey, released today by the Fraser Institute.
Total unloads UK downstream marketing assets
Total has signed a sale and purchase agreement to sell most of its marketing assets in the UK, the Channel Islands and the Isle of Man to Rontec Investments, a consortium led by Snax 24, an independent forecourt operator in the UK.
Release of strategic oil reserves: New form of economic stimulus
On June 23 International Energy Agency (IEA) members announced the release of 60 million barrels of strategic oil reserves over a month—the equivalent of 2 million barrels per day (bpd) for 30 days. Half of this amount—30 million barrels—will come from the US Strategic Petroleum Reserve (SPR), which currently holds 726.5 million barrels of crude. The release of 60 million barrels over 30 days will temporarily increase world oil supply by about 2.3 percent.
New diesel hydrotreater from Axens starts up at Ras Tanura refinery
A grassroots diesel hydrotreater unit (Prime-DTM), licensed by Axens, has successfully been put into production at Saudi Aramco’s Ras Tanura refinery, company officials said on Friday.
Lubrizol shareholders approve sale to Berkshire
At a special meeting on Thursday, shareholders of specialty chemicals firm Lubrizol overwhelmingly approved the acquisition of the company by Berkshire Hathaway for $135/share in an all-cash transaction.
Improve energy efficiency for distillate hydrotreaters retrofit options
Energy conservation is a complex analysis on existing units, but benefits are possible
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
