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Refining

Barge firm Kirby warns of increasing flooding along Mississippi as industry worries continue

US chemical shipper and barge firm Kirby said on Thursday that high water and flooding issues on the Mississippi River may have a greater-than-anticipated earnings impact, adding to logistics concerns for petrochemical and refining companies as rising waters move downstream.

NPRA blasts US bill to repeal oil tax breaks as energy execs testify to Senate

The president of the National Petrochemical & Refiners Association (NPRA) spoke out on Thursday against US Senate proposals to eliminate tax breaks for major oil producers, alleging that such policy would give foreign competitors an unfair advantage.

Albemarle acquires biodiesel catalyst firm Catilin

US specialty chemicals firm Albemarle has expanded its presence in the biofuels market by acquiring Catilin, a technology leader in the development and application of heterogeneous biodiesel catalysis.

Foster Wheeler wins design, EPC contract for Thailand refinery upgrade

Thai Oil awarded a contract to Foster Wheeler AG for basic design as well as engineering, procurement and construction management (EPCm) services for the emission improvement and PSA-3 project at Thai Oil’s refinery in Sriracha, Thailand.

Linde partners with Sapphire on CO2 algae-to-fuel project in US

Technology group Linde says it has entered into a multi-year agreement with algae-based crude oil producer Sapphire Energy to co-develop a low-cost system to deliver carbon dioxide (CO2) to commercial-scale, open-pond, algae-to-fuel cultivation systems.

Conoco CEO to speak at US Senate hearing, says higher oil taxes would discourage investment

ConocoPhillips CEO Jim Mulva will appear on Thursday at a Senate Finance Committee hearing in Washington, D.C., where he says he will outline the negative effects of proposed tax policy targeting major energy companies.

INEOS JV awards ultrafiltration supply contract for waste-to-fuel facility in Florida

A joint venture between INEOS Bio and New Planet Energy has awarded Membrane Specialists with a contract to supply a membrane ultrafiltration plant to the venture’s new facility in Vero Beach, Fla., the first in the US to produce advanced biofuels from waste.

Chevron inks Australia LNG supply deal with Japan refiner JX Nippon

An Australian subsidiary of Chevron has signed a sales and purchase agreement with Japan’s JX Nippon Oil and Energy for a portion of Chevron's offtake of liquefied natural gas (LNG) from the Gorgon project.

ExxonMobil begins drilling, construction on Texas oil recovery project

ExxonMobil said on Tuesday that drilling and construction have started on an enhanced oil recovery project at the Means field in Andrews County, Texas. The first phase of the project has the potential to recover as much as 5mn barrels of additional oil, an amount equal to the annual energy needs of about 170,000 Texas households.

Lower Mississippi River refineries, chemical plants prepare for possible flood disruptions

Refineries and nearby chemical plants along the lower Mississippi River are bracing for possible flooding in coming weeks as rising waters move downstream, raising fears over disruptions to US gasoline supply.