Crude oil
Motiva picks KBR to build coker for refinery expansion in Port Arthur, Texas
KBR announced that its subsidiary Roberts & Schaefer (R&S) has been selected to construct a petroleum coker (pet coke) material handling system for Motiva’s refinery expansion project in Port Arthur, Texas.
Plains to build 300,000 bpd pipeline from Eagle Ford shale to Corpus Christi
Plains All American Pipeline plans to build a 130-mile, 300,000 bpd crude oil and condensate pipeline, a marine terminal facility and 1.5mn bbl of storage capacity to service growing Eagle Ford shale production in south Texas.
US refiner Sunoco acquires controlling interest in Ohio refined products pipeline
US refiner Sunoco has acquired a controlling interest in Inland Corp., a firm which consists of an active 350-mile refined products pipeline and related facilities in Ohio that service multiple Ohio refineries and terminal markets.
Eni starts slurry technology project at Italy refinery
Italian oil and gas major Eni started work on applying Eni Slurry Technology (EST) at its Sannazzaro de' Burgondi refinery, located near Pavia in northern Italy.
Margins surge for US inland refiners as Cushing crude bottleneck leads to WTI discount - study
US refinery margins surged in the first quarter, led mostly by inland refineries amid historically low prices for WTI-priced inland crude oils relative to waterborne alternatives, according to a study released on Tuesday from consulting firm Baker & O’Brien.
Refineries remain operational along Mississippi after opening of Morganza Spillway
Refineries along the Mississippi River remained operational on Monday following the opening of several bays off the Morganza Spillway in Louisiana. It marks the first time the Morganza has been used since 1973, as US officials are seeking to take pressure off the swollen Mississippi with flood waters rushing downstream.
Malaysia’s Petronas to build $20 billion integrated refinery, petrochemical complex
Malaysia’s state-owned energy major Petronas will build a $20 billion integrated refinery and petrochemicals complex in Southern Johor, the company said on Friday.
IEA lowers estimate for 2011 oil demand growth
The International Energy Agency (IEA) lowered its projection for global oil demand growth in 2011, falling by 190,000 bpd, or 0.2%, from an earlier estimate.
US ethanol groups praise new legislation seeking to promote industry versus imported oil
A pair of ethanol organizations praised new legislation from the US Congress, claiming that such policies are needed to compete with imported oil.
Total joins ExxonMobil to explore Poland shale gas
US-based ExxonMobil and French oil major Total signed an agreement to explore shale gas in the Chelm and Werbkowice areas in Poland.
- U.S. labor board judge rules Exxon's Texas refinery union lockout was legal 11/28
- U.S. crude stocks fall, gasoline and distillate inventories rise 11/28
- Maersk could use 15%–20% alternative fuels for its fleet in 2030 11/28
- Germany's BSW pushes to restore Russian oil to Schwedt refinery, seeks regional legitimacy 11/28
- Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs 11/28
- Singapore distillates stocks tick up for fifth week 11/28