Crude oil
Air Liquide inks deal to supply Valero refineries in Texas with hydrogen
Air Liquide has signed a long-term agreement to supply hydrogen to two Valero refineries in Texas, one in Texas City and the other in Port Arthur.
New diesel hydrotreater from Axens starts up at Ras Tanura refinery
A grassroots diesel hydrotreater unit (Prime-DTM), licensed by Axens, has successfully been put into production at Saudi Aramco’s Ras Tanura refinery, company officials said on Friday.
Sasol takes 50% stake in Canada shale project
Sasol has completed a $1.08 billion deal for a 50% stake in a western Canada shale gas project, the South Africa-based energy firm said on Friday.
DCP Midstream to buy, expand Conoco US pipeline
DCP Midstream has agreed to buy the Seaway Products Pipeline Co. from ConocoPhillips for between $750mn and $850mn, creating new natural gas liquids (NGL) transportation capacity from the US Mid-continent to Texas Gulf coast markets.
Crude oil costs rise as OPEC meeting concludes without production increase
OPEC talks broke down on Wednesday as government officials were unable to convince the cartel to raise production rates.
ExxonMobil makes three oil, gas discoveries as Gulf drilling resumes post-moratorium
ExxonMobil announced two major oil discoveries and a gas discovery in the deepwater Gulf of Mexico after drilling the company's first post-moratorium deepwater exploration well.
BP unveils annual energy review, sees China passing US as top consumer
China became the world’s largest energy consumer in 2010, overtaking the US during a year which saw the global economic recovery drive consumption higher and at a rate not seen since the aftermath of the 1973 oil price shocks, BP said in its annual global energy review.
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.
Statoil sells stake in Norway pipeline JV Gassled
Norway’s oil company Statoil ASA will sell the majority of its stake in gas transportation firm Gassled for 17.35 billion Norwegian kroner ($3.2 billion).
Oil, gas production rates climb for Texas field amid new discoveries
Universal Bioenergy said Friday that joint venture partner Progas Energy Services continues to drill in the Premont Northwest oil and gas field in Jim Wells County, Texas, where it recently discovered more oil and gas and increased well production rates in several new zones.
- OMV and XRG complete transactions to create Borouge International, boosting global chemicals leadership 3/31
- Gevo announces major ethanol expansion project at North Dakota (U.S.) facility 3/31
- BASF and Avery Dennison collaborate to launch BASF’s newest acrylates based on renewable electricity: Butyl acrylate RE and 2-Ethylhexyl acrylate RE 3/31
- INPEX extends MoU with Persero for Abadi LNG project in Indonesia 3/31
- Russian oil tanker enters anchorage of Cuba's Matanzas port 3/31
- China's smaller independent refiners to curb output on rising oil prices 3/31
