Refining
New crude oil pipeline to be constructed from Oklahoma storage hub to Houston
Enterprise Products Partners and Energy Transfer Partners have agreed to form a 50/50 joint venture to design and construct a crude oil pipeline from Cushing, Oklahoma to Houston. The project would allow greater access to US Gulf-area refining complexes and add approximately 500,000 barrels of storage capacity at new facilities to be constructed and owned by the joint venture at Enterprise’s new Houston crude oil terminal.
CB&I awarded over $45mn to build storage tanks for Canadian oil sands project
CB&I has been awarded a project in excess of $45mn to build storage tanks at a Canadian oil sands project near Fort McMurray, Alberta.
BP, Gulf alliance seek Deepwater Horizon study proposals for $500mn research program
BP and the Gulf of Mexico Alliance announced that the independent research board of the Gulf of Mexico Research Initiative (GRI) is requesting proposals for studies into the effects of the Deepwater Horizon incident and the potential associated impact on environment and public health.
McDermott wins Gulf of Mexico deepwater project work from Chevron
McDermott International, Inc. announced that one of its subsidiary companies was awarded fabrication and installation work from Chevron to support the development of the Jack and St. Malo fields in the Gulf of Mexico.
Survey shows majority of offshore workers proud of industry, would recommend to friend
Despite soaring oil costs, the one-year anniversary of the Deepwater Horizon rig explosion and political unrest in the headlines, a clear majority of offshore oil and gas workers say they are proud to work in the industry and would recommend it to a friend, according to a new survey conducted by engineering consulting firm NES Global.
BP commits up to $1 billion for restoration projects in Gulf spill areas
BP says it has signed an agreement with federal and state agencies that will accelerate work starting this year to restore areas of the Gulf of Mexico that were affected by the year-ago rig explosion of the Deepwater Horizon and ensuing oil spill.
Shell to close Australia refinery amid high competition, will convert site to fuel import terminal
Shell is proposing to convert its Clyde refinery and Gore Bay terminal in Sydney, Australia, into a fuel import terminal.
NuStar Energy buys South Texas refinery, terminal from AGE for $41 mn
NuStar Energy has closed on its purchase of certain refining and terminal assets of bankrupt firm AGE Refining for $41 mn excluding net working capital. The deal includes a refinery in San Antonio, Texas.
Technip awarded EPC contract for Petrobras refinery in Brazil
Brazilian energy major Petrobras awarded Technip, in consortium with Tomé Engenharia, a lump sum turnkey engineering, procurement and construction (EPC) contract for five new units at the Presidente Bernardes refinery in Cubatão, state of São Paulo.
Biofuels may comprise 27% of global transportation fuel supply by 2050 – IEA report
A new report from the International Energy Agency (IEA) says that the widespread deployment of biofuels can play an important role in reducing CO2 emissions in the transport sector and enhancing energy security, when produced sustainably.
- EIA: U.S. crude, fuel inventories rose in the week ended December 19 12/30
- 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
