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Economics

Saudi Aramco-Motiva in lead to buy Lyondell's Houston refinery

Saudi Aramco and its US refining JV Motiva Enterprises lead the race to buy LyondellBasell Industries Houston refinery.

Enbridge defers Sandpiper Project

Enbridge Energy Partners will withdraw regulatory applications pending with the Minnesota Public Utilities Commission for the Sandpiper Pipeline project.

Ex-oil traders win partial victory over BP in Canada refinery dispute

A team of former Wall Street oil traders have won a partial victory in their continuing legal dispute with oil major BP over how to properly run a remote eastern Canadian refinery.

Brazil Supreme Court overturns Odebrecht asset freeze

A Brazilian Supreme Court judge overturned an audit court ruling that froze the assets of industrial conglomerate Odebrecht due to alleged overcharging on a refinery built for state oil company Petrobras.

Mild weather, lower demand impels Argentina to rework LNG import deals

Argentina is diverting or cancelling incoming shipments of liquefied natural gas (LNG) after mild late winter temperatures curbed fuel demand and forced state-run LNG buyer and importer Enarsa to rework some deals.

Global Project Data

Hydrocarbon Processing Staff: Nichols, Lee

This special installment of Global Project Data focuses on the global refining sector.

Industry Metrics

Hydrocarbon Processing Staff: Rhodes, Mike

European refining margins rose as refineries completed maintenance and recovered from the negative impact of the France strikes.

Business Trends: Global refining overview—Part 1

Hydrocarbon Processing Staff: Nichols, Lee

The outlook of an industry can change dramatically in a short period of time. This series will examine the global refining sector in depth—where it stands, and where it is going.

Viewpoint: The politicalization of the SEC—A dangerous precedent

American Fuel & Petrochemical Manufacturers (AFPM): Thompson, C.

The benefits of fossil fuels are undeniable.

Project Management: Want your plant to work right? Insist on strong project definition

IPA Capital Solutions: Barshop, P.

Project definition is the planning of a project before execution, which begins when engineering is completed, equipment and materials are purchased, and construction of the new or modified plant is performed.