Refining
Sasol eyes growth in North America, exit from Iran
Sasol's CEO said the company has a “huge strategy” in North America. In Louisiana, it is looking at building an $8 billion to $9 billion gas-to-liquids plant that would produce 96,000 bpd of mostly diesel. It is also looking at a 48,000 bpd plant in Alberta, Canada that would cost about $8 billion.
Carlyle, Sunoco finalize joint venture to operate Philadelphia refinery
Under the terms of the agreement, Carlyle holds the controlling interest and will oversee day-to-day operations of the joint venture and the refinery. In exchange for contributing its refinery assets to the joint venture, Sunoco retained a 33% non-operating minority interest.
Texas biofuels group Terrabon files for bankruptcy
The company has the licenses on technologies from Texas A&M University System, where they were developed and where it was formed to bring the products to market. However, it couldn't obtain the additional financing necessary to finish developing a commercial plant.
SK Energy, Kuwait agree to build Indonesia refinery, petrochemical complex
The refinery will have a capacity to produce between 200,000 and 300,000 bpd of Kuwaiti crude oil and will be located inside the petrochemical complex, which will be built in Balongan, West Java, according to KUNA.
Uganda seeks advisor to develop planned refinery
The Energy and Minerals Development Ministry said the advisor is expected to help on structuring the project, which is to be built in a phased manner - starting with capacity of 20,000 bpd - over the next three years. It will be upgraded to 60,000, then to 120,000 and later to 180,000 bpd.
CB&I commissions delayed coking unit on Essar Oil Vadinar expansion in India
The Vadinar refinery increased its capacity to 20 million tpy or 405,000 bpd, up from 10.5 million tpy and 200,000 bpd previously. The expansion allows Vadinar to process a much greater proportion of lower cost, heavy and ultra-heavy crude oils. Vadinar is the second largest, single-location refinery in India.
Foster Wheeler to supply steam reformer to Russia refinery of Gazprom
Foster Wheeler's reformer is characterized by a specific firing arrangement and sloped-wall radiant section design that enable long catalyst tube life and deliver the flexibility to maximize the reformer's operating flexibility. The company's work scope is expected to be completed in November 2013.
Isaac delays Valero Louisiana hydrocracker project
The hydrocracker is still on track to be fully operational in the second quarter of 2013, though Hurricane Isaac did delay work at the 205,000 bpd St. Charles refinery. The previous timetable for startup was late this year.
Delta Air begins restarting Trainer refinery in US
Delta chief executive Edward Bastian said at the Deutsche Bank Aviation and Transportation Conference on Thursday that the refinery is on track to start producing jet fuel by the end of September. Mr. Bastian said he expects the refinery to generate hundreds of millions of dollars in savings.
Shell proceeds with Alberta oil sands CO2 capture
Starting in late 2015, Quest will capture and store deep underground more than 1 million tpy of carbon dioxide produced during the bitumen processing, reducing direct emissions from the upgrader by up to 35%. Shell Canada owns 60% of the joint venture, which also includes Chevron and Marathon Oil.
- CTCI awarded $417-MM EPC contract to build ethylene storage in Qatar 11/15
- Russian refineries cut oil runs due to losses, closures loom 11/15
- Spain's Moeve swings to quarterly loss on weak refining margins 11/15
- Asia naphtha supply expected to remain tight over next two years 11/15
- Countries, companies lag in response to tackle methane emissions, U.N. says 11/15
- U.S. energy draws up a wish list for new Trump administration 11/15
