Americas
Shell commits to develop new Gulf deepwater field
Shell on Wednesday announced a $2.5 billion investment to develop its major Cardamom oil and gas field in the deep waters of the Gulf of Mexico. The Cardamom project is expected to produce 50,000 bbl/day of oil equivalent (boe) at peak production and more than 140mn boe over its lifetime.
LyondellBasell to buy Texas olefins pipeline system from BP
LyondellBasell signed a deal to purchase approximately 200 miles of pipeline near Houston from BP. The pipelines and metering stations comprise a Houston-area olefins distribution system transporting ethylene and propylene from Channelview, Texas, to Equistar's storage terminal at Mont Belvieu, Texas, and facilities in Deer Park, La Porte and the Bayport Industrial District in Pasadena, Texas.
IEA says natural gas entering 'golden age', could muscle out renewables
As supply and demand factors increasingly point to a future with natural gas playing a greater role in the global energy mix, the International Energy Agency (IEA) says natural gas may increasingly “muscle out” low-carbon fuels such as renewables and nuclear.
NPRA urges US approval of Keystone XL pipeline
The National Petrochemical & Refiners Association (NPRA) sent a letter to the US State Department urging approval of the Keystone XL pipeline, which would bring oil from Western Canada to US refineries.
Jacobs wins engineering deal for DuPont TiO2 expansion in Mexico
Jacobs Engineering Group announced Tuesday that it received a contract from DuPont Titanium Technologies to provide full engineering procurement and construction management (EPCM) services for the company's Mexico titanium dioxide (TiO2) expansion project.
Shell plans world-scale US ethylene cracker near Marcellus shale region
Shell is planning to build a world-scale ethylene cracker with integrated derivative units in the Appalachian region of the US, company officials said on Monday. The cracker would process ethane from Marcellus natural gas to produce ethylene, one of the primary building blocks for petrochemicals, officials said.
Chemtura to construct new China plant to serve petroleum additives, urethanes
US-based specialty chemicals firm Chemtura is planning to build a new multi-purpose manufacturing facility in Nantong, China, to serve its petroleum additives and urethanes businesses.
Dow to form carbon fiber JV with Turkey's Aksa
Dow Chemical, through its wholly-owned subsidiary Dow Europe GmbH, said it plans to form a joint venture to manufacture and globally commercialize carbon fiber and derivatives with Turkey’s Aksa Akrilik Kimya Sanayii A.Ş. (Aksa).
Air Products to supply Valero US Gulf refineries with hydrogen, plans new facility
Air Products will supply US refiner Valero with more than 200 million standard cubic feet/day of additional hydrogen for its refineries in St. Charles, Louisiana and Port Arthur, Texas, officials said on Monday.
NOx control market to hit record level in 2011 – consultants
The market for selective catalytic reduction (SCR) systems and replacement catalysts will reach a record $7.6 billion in 2011, according to the latest forecast from US-based consultancy McIlvaine Co.
- Iran conflict disrupts Middle East oil, fuel, LNG 3/2
- Qatar halts LNG output, Saudi refinery, Israeli oil, gas fields shut amid Mideast strikes 3/2
- Iran conflict disrupts oil supply to Asian countries dependent on Middle East 3/2
- Asia's jet fuel, diesel cash premiums hit multi-year highs on Mideast concerns 3/2
- European diesel refining margins surge as U.S.-Iran conflict escalates 3/2
- Small fire under control at Saudi Aramco refinery after apparent drone strike 3/2
