Economics
Managing projects in a global environment
What does it take to facilitate projects in several time zones away?
Klesch buys German refinery from Shell
Shell has agreed to sell its refinery in Heide, Germany, to Klesh.
Two fires shut down Neste Oil refinery in Finland
Reuters is reporting that two fires broke out at Neste Oil’s refinery in Naanatali, Finland.
US EIA’s short-term energy outlook released today
The US Energy Information Administration (EIA) came out with its short-term energy outlook today.
Financing secured for new Egyptian refinery
The Egyptian Refining Co. (ERC) has signed a debt package of $2.6 billion to finance construction of its $3.7 billion second-stage oil refinery in the greater Cairo area of Egypt.
Western Refining halts activity at Yorktown refinery
Western Refining is suspending refining operations at its Yorktown refinery due to the poor outlook for East Coast refining margins.
Frontier puts positive spin on Cheyenne refinery fire
The late July fire at Frontier Oil’s Cheyenne refinery has been problematic for the company, but its leadership does not see the incident as having a long term effect on Frontier’s overall bottom line.
Shell and Delek can’t get it done in Canada
Canada Products (Shell) and Delek US Holdings, Inc. have agreed to end negotiations regarding a potential sale of the Shell Montreal East refinery.
Optimize operating parameters of absorbers/strippers in gas plants
Better recovery definition of C3s and C4s from gas absorber/stripper can lower costs
Increase crude unit capacity through better integration
In revamp projects, better energy integration provides more benefits with less capital investment and lower operating costs
- India's Reliance gets one-month US concession to buy Rosneft oil 12/24
- SOCAR signs deal to buy Gama Enerji gas plant in Turkey for $225 MM 12/24
- Japan's Eneos leads bids for Chevron’s Singapore oil refinery stake 12/24
- Larsen & Toubro awarded EPCC contract for BPCL's polyethylene plant 12/24
- Maire's Nextchem to acquire technology licensor and engineering company Ballestra 12/24
- bp agrees to sell a 65% shareholding in Castrol to Stonepeak at an enterprise value of $10 billion 12/24
