Crude oil
Magellan Midstream CEO: El Paso-Houston pipeline not fully committed
Magellan Midstream plans to begin by 2013 its project to ship oil from increasingly productive south Texas fields to the refining belt along the US Gulf Coast despite lacking enough shipper interest to fill the line. Last year's WTI-Brent crude price disparity helped spark multiple projects to bring Cushing crude to the Gulf.
Sunoco to swap CEOs amid transition to logistics
Sunoco’s Lynn Elsenhans will step down as CEO and be replaced by Brian MacDonald in March, as the US-based company continues its exit from the manufacturing industry and transition to a logistics and retail focus. MacDonald, 46, joined Sunoco in 2009 as senior vice president and chief financial officer.
ExxonMobil's natural gas emphasis may hurt small US producers
ExxonMobil’s decision to leave US natural gas output untouched despite low commodity prices may push smaller producers out of the business, force industry consolidation and make Exxon an even more powerful force. The company said drilling for natural gas in some areas is still profitable, even at current prices.
Shell looking at ways to improve US gas profits
The company says it may seek land for potential liquefaction and export terminals. After heavy investment in US shale assets, low gas prices are driving up project costs.
Brazil sets domestic record for crude, natural gas production in 2011
Brazil set a record for crude oil and natural gas production in 2011 as ongoing tests at recently discovered oil fields continue to boost the country's output. Average daily output was 2.52 million BOE in 2011, up from 2.45 million BOE per day in 2010, according to the ANP.
Debottleneck crude-unit preheat exchanger network inefficiencies
Simulation models can be effectively used to optimize heat transfer and boost operational performance
HP Insight: Government, environment and taxes, oh my!
In this issue of HPInsight, the global hydrocarbon processing industry (HPI) still battles some very familiar and present day challenges, such as economic cycles, feedstock spikes, government over reg..
HP Construction: North America
Sundrop Fuels, Inc., plans to construct and operate its first production facility on about 1,200 acres of land that it has purchased near Alexandria, Louisiana. The inaugural plant will use sustainabl..
HP Construction: Europe
Lummus Technology, a CB&I company, has been awarded a contract by CJSC Vostochnaya Neftechimicheskaya (VNHK), a subsidiary of OJSC Rosneft, for the license and basic engineering of a naphtha steam-cra..
HP Construction: Asia-Pacific
The Linde Group is set to build and operate a new hydrogen plant in the Jilin Chemical Industrial Park (JCIP) in northeast China. The company will be investing around €42 million in the first pha..
- Clariant's FAMAX™ catalysts deliver outstanding performance at two Yihua formaldehyde plants in China 5/27
- Aramco and Emerson collaborate on strategic corrosion R&D 5/27
- TotalEnergies extends fuel price cap in France through June 5/27
- MOL says repairing petrochemical plant damaged in explosion could take several months 5/27
- China allows fresh urea exports amid Iran war-fueled fertilizer crisis 5/27
- India ethanol push drives big rise in land farmed to make fuel 5/27
