Refining
Kinder Morgan buys $920mn in US shale assets, will build $220mn crude/condensate pipeline
Kinder Morgan Energy Partners (KMP) has agreed to pay approximately $855mn to Petrohawk Energy and assume approximately $65 million in debt for Petrohawk’s 50% interest in KinderHawk Field Services (the natural gas gathering and treating services provider in the Haynesville Shale) and a 25% interest in Petrohawk’s natural gas gathering and treating business in the Eagle Ford Shale.
New NGL fractionation facility to be built in Mont Belvieu, Texas
Energy Transfer Partners (ETP) and Regency Energy Partners will construct a 100,000 bpd natural gas liquids (NGL) fractionation facility at Mont Belvieu, Texas, through their Lone Star NGL joint venture.
Chevron to buy new US acreage in Marcellus Shale
Chevron has agreed to buy 228,000 net leasehold acres in the Marcellus Shale from Chief Oil & Gas and Tug Hill Inc., expanding its position in the rapidly growing US shale play.
Shell starts up new production from Canada oil sands expansion
Shell announced the successful start of production from its Scotford upgrader expansion project in Canada. The 100,000 bpd expansion takes upgrading capacity at Scotford to 255,000 bpd of heavy oil from the Athabasca oil sands.
New study shows why US should resist higher energy taxes - API
The US oil and natural gas industry supports 2mn jobs in Texas and 24% of the state’s economy, according to a new study commissioned by API and conducted by PwC (PricewaterhouseCoopers). API president and CEO Jack Gerard said the president and Congress should keep the study’s findings in mind as they debate greater access to domestic oil and natural gas and higher taxes on energy.
Saudi Aramco chooses SNC-Lavalin JV for five-year engineering, project management deal
State-owned oil company Saudi Aramco has chosen SNC-Lavalin, together with its Saudi Arabian 50/50 joint venture partner The Zuhair Fayez Partnership, to perform general engineering and project management services (GES+) under a five-year reimbursable contract.
Enterprise to extend Texas crude oil pipeline from Eagle Ford shale
Enterprise Products Partners plans to build an 80-mile extension of its 350,000 bpd Eagle Ford shale crude oil pipeline, allowing it to serve growing production areas in the southwestern portion of the play.
Reduced US EIA budget prompts energy data cuts
Several energy data and analysis reports from the US Energy Information Administration (EIA) will soon be cut amid a reduced budget for the department, officials said.
Capstone Turbine receives order for 22 more C65s for Eagle Ford shale use
Capstone Turbine Corp. said on Monday that it received another order for 22 C65 microturbines from one of the world's largest independent oil and natural gas companies.
Technip awarded €100mn EPC contract for Canada oil sands project
France-based Technip said it has been awarded an engineering, procurement and construction (EPC) support contract worth approximately €100mn for the Horizon oil sands project in Fort McMurray, Canada.
- Ghana's Tema oil refinery restarts after 9-yr shutdown 12/30
- INA nears completion of €700-MM Rijeka refinery upgrade project 12/29
- Topsoe’s advanced technology selected for a SAF and renewable diesel project in Uruguay 12/29
- DHL and CMA CGM accelerate decarbonization of ocean freight with joint biofuel initiative 12/29
- Prysmian and Versalis partner on new, innovative chemical recycling process 12/29
- OCI Global announces startup of new ammonia production facility in Texas (U.S.) 12/29
