Refining
Port Corpus Christi approves 41-acre lease agreement with Howard Energy Partners
CORPUS CHRISTI, TX — The Port of Corpus Christi announced the approval of a long-term lease agreement with Maverick Terminals Corpus LLC, a subsidiary of Howard Energy Partners. The 30-yr lease agreement was approved unanimously by port commissioners for approximately 41 acres of land on the north side of the Corpus Christi Ship Channel in the Inner Harbor.
SNC-Lavalin awarded FEED conversion to EPC contract by Brahms Oil Refineries
MONTREAL — SNC-Lavalin has been awarded a contract by Brahms Oil Refineries Limited to undertake a front-end engineering design (FEED) conversion to EPC contract for a 10,000-bpd crude oil refinery in Kamsar, Guinea. The FEED will provide a budget cost estimate to obtain a final investment decision (FID) for the project in the third quarter of 2017.
India sets up panel to quicken govt's stake sale in HPCL to ONGC
NEW DELHI (Reuters) — India has decided to set up a panel headed by Finance Minister Arun Jaitley to expedite the sale of government's stake in refiner Hindustan Petroleum Corp to explorer Oil and Natural Gas Corp, Oil Minister Dharmendra Pradhan said.
Saudi refinery operations not affected by transformer fire
KHOBAR, Saudi Arabia (Reuters) — The Saudi Aramco Mobile Refinery (SAMREF) at Yanbu is operating normally after a fire hit a power transformer at the gate of the facility on Saturday, a spokesman for a Saudi government body was quoted as saying on the state news agency.
China unveils plans to expand, upgrade oil and gas pipelines
The National Development and Reform Commission (NDRC) and National Energy Administration (NEA) unveiled plans to expand and upgrade China’s oil and gas pipeline network over the next decade.
Chevron Phillips chemicals selects Audubon for main contractor framework agreement
HOUSTON, TX — Audubon Engineering Solutions, a global provider of engineering, procurement, and construction (EPC) services for the oil & gas, petrochemical, refining, and pipeline markets, announced that it has signed a teaming agreement with Chevron Phillips Chemical to provide capital-engineering services for their Gulf Coast Facilities.
Russia, Venezuela discuss Citgo collateral deal to avoid US sanctions
CARACAS/HOUSTON (Reuters) — Russia's top oil producer Rosneft is negotiating to swap its collateral in Venezuelan-owned, US-based refiner Citgo for oilfield stakes and a fuel supply deal—a move to avoid complications from US sanctions, two sources with knowledge of the negotiations told Reuters.
Union seeks partial stoppage at Portugal Galp refineries
LISBON (Reuters) — The union representing workers at Portugal's Galp Energia has called a six-day strike at the company's two refineries starting on July 26 to demand that Galp resume a collective bargaining agreement.
India refiner HPCL sees more scope for foreign buys after ONGC deal
NEW DELHI (Reuters) — Indian state refiner Hindustan Petroleum Corp sees itself better placed to buy overseas downstream assets once it becomes part of the country's top explorer Oil and Natural Gas Corp, its chairman M. K. Surana said.
PetroChina unloading first Chinese purchase of oil from US strategic reserves
SINGAPORE (Reuters) — PetroChina is this week unloading the first Chinese purchase of crude oil from US strategic petroleum reserves at a port in eastern China, according to shipping data and two industry sources.
- U.S. fuel ethanol exports rise on strong international demand and low U.S. prices 11/6
- LanzaTech and Eramet plan integrated CCUS project in Norway 11/6
- DG Fuels to launch SAF plant in Minnesota (U.S.), converting biomass into high-value fuel 11/6
- Marathon Petroleum's 3Q profit beats, boosts share buybacks by $5 B 11/6
- U.S. crude stocks, gasoline and distillate inventories rise 11/6
- Fire at Tupras oil refinery in Turkey wounds 12 11/5
