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Refining

Bioenergy group Terrabon awarded jet fuel project for US defense agency

Houston-based bioenergy company Terrabon has been awarded a $9.6 million, 18-month contract by Logos Technologies to design a more economical and renewable jet fuel (BioJet) production solution for the Defense Advanced Research Projects Agency (DARPA).

ExxonMobil marine affiliate to build two crude oil tankers for US West Coast use

Exxon Mobil’s US marine affiliate, SeaRiver Maritime, signed a letter of intent with Aker Philadelphia Shipyard to build two US flag crude oil tankers in partnership with shipbuilding technology firm Samsung Heavy Industries.

Chevron forms technology alliance with NASA to improve oil, natgas recovery

Chevron and NASA’s Jet Propulsion Laboratory (JPL) have formed an alliance to develop a range of technologies to improve the production and recovery of oil and natural gas resources, the groups said on Monday.

US petroleum demand increased in June - API data

Total US petroleum deliveries in June were up on both a year-on-year and month-on-month basis, according to information released Friday from the American Petroleum Institute (API). Moreover, deliveries were up 1.9% for the first six months of 2011 over the same period in 2010.

Norway bomb blast targeted oil ministry - reports

The bombing that rocked Oslo, Norway, on Friday appeared to target the nation’s Ministry of Petroleum and Energy, according to local media reports. The explosion blew out the windows of a large government office building and damaged several others, including one that holds the prime minister’s office, according to the Washington Post.

Safety progress in Gulf of Mexico drilling should lead to more US permits - API

The US oil and natural gas industry has significantly improved offshore safety, according to Erik Milito, group director of upstream and industry operations at the American Petroleum Institute (API), in testimony delivered this week to the US Senate Subcommittee on Oceans, Atmosphere, Fisheries, and Coast Guard.

China's CNOOC to buy Canadian oil sands firm Opti

Chinese oil giant CNOOC has agreed to acquire Canadian oil sands producer Opti Canada for about $2.1 billion. The transaction is expected to be completed in the fourth quarter of 2011.

Morgan Thermal Ceramics to supply heat insulation modules for Jubail refinery JV

Morgan Thermal Ceramics, a firm that designs and manufactures advanced heat insulation products, has been awarded a contract to supply modules for a refinery being constructed by SATORP, a joint venture between Saudi Aramco and Total.

Dow Chemical, Mitsui form biopolymers JV in Brazil

US-based Dow Chemical and Japan-based Mitsui & Co. have formed a new joint venture aimed at providing sustainable product solutions to the global high-performance flexible packaging, hygiene and medical markets. This represents the world’s largest biopolymers play and is Dow’s largest investment in Brazil, a country in which Dow has operated successfully for more than 50 years, officials said.

NuStar, Koch reactivate Texas pipeline to transport Eagle Ford shale to Corpus

As part of an agreement with Koch Pipeline Co., NuStar Logistics has reactivated its Pettus South Pipeline to transport Eagle Ford Shale crude oil to Corpus Christi, Texas.