Refining
Hoover starts Pecos pipeline work in west Texas
Hoover has begun construction on Phase I of its Pecos Crossing pipeline, a 24-mile crude oil system to serve west Texas with a capacity of up to 120,000 bpd. The Pecos Crossing pipeline is scheduled to be operational in April 2012 and will be the first crude oil pipeline operating south of the Pecos River.
Philippines' Petron to invest in ExxonMobil Malaysia downstream operations
Petron said its board has approved a plan to invest in US-based ExxonMobil's downstream oil business in Malaysia, an initial overseas foray for the Philippines' largest oil refiner by capacity and sales. Petron has yet to finalize the size of the investment and the stake.
Tesoro seeks sale of Hawaii refinery, retail stations
Tesoro is planning to sell its Hawaii operations, including the 94,000 bpd Kapolei refinery, operations at 32 retail stations and all associated logistical assets, according to company officials. The refinery yield is distillate-focused and is complementary to the on-island demand for utility, jet and military fuels.
Enterprise extends shipper commitment period for Appalachia-Texas ethane pipeline
Enterprise Products is extending its open commitment period by two weeks to accommodate additional shipper demand on the partnership’s Appalachia-to-Texas pipeline (ATEX Express). The open commitment period began Wednesday morning and will close on the afternoon of Monday, January 23.
US oil coalition urges Obama to allow Keystone XL
The American Petroleum Institute (API) along with more than a hundred industry organizations sent a letter to President Obama urging him to swiftly approve the Keystone XL oil pipeline. API said it would also launch a new TV ad that will run in key states.
Shell picks Jacobs to engineer tunnels project for German refineries
Jacobs Engineering Group was awarded a contract from Shell to provide project management and engineering, procurement, and construction management (EPCm) services to support a tunnels project for refineries in Rhineland, Germany.
EIA hikes 2012 WTI oil price outlook to $100.25/bbl
The US Energy Information Administration (EIA) on Tuesday raised its 2012 oil price forecast by more than $2/bbl to $100.25/bbl, saying it assumes the US economy grows 1.8% this year. In last month's report, the EIA expected 2012 West Texas Intermediate crude to average $98/bbl
ExxonMobil reports emissions, flaring at Beaumont refinery in Texas
ExxonMobil on Monday said operations at its oil refinery in Beaumont, Texas, had returned to normal following a gas compressor problem the day before. The Beaumont refinery has a capacity of 344,000 bpd.
Maintenance continues at BP Texas City refinery alkylation unit - source
Routine maintenance at an alkylation unit is ongoing at BP’s oil refinery in Texas City, Texas, a person familiar with operations at the plant said on Monday. The refinery is able to process up to 406,570 bpd of crude oil.
US refiners may profit from Petroplus closures in Europe
Analysts say refiners could see new opportunities as Europe's largest independent refiner and wholesaler of petroleum products shuts down three of its five refineries.
- Sinopec, Aramco start building $10-B petchem complex in China's Fujian province 11/18
- Clariant EnviCat N2O-S catalyst to cut CO2eq by 690,000 tpy at Hengli’s nitric acid plant in China 11/18
- Russia's Ilsky refinery has asked for gov't help over high rates, modernization 11/18
- North Dakota (U.S.) approves Summit Carbon pipeline permit 11/18
- China's oil refinery output falls from a year ago for a seventh month 11/18
- European oil giants step back from renewables path 11/18
