Refining
Canadian Pacific train derails in US, spilling crude
CP crews are on the scene, and the spill is being contained. The derailment comes amid a surge in rail-shipped oil across North America, as US and Canadian production booms. That has heightened scrutiny over the safety of transporting increasing quantities of crude on the continent's railroads.
US proposes $1.7 million fine against ExxonMobil for Montana oil pipeline leak
The US Pipeline and Hazardous Material Safety Administration, the federal agency that oversees pipeline safety, said Exxon didn't have written procedures instructing employees how to protect the pipeline in case of natural disasters. Exxon was "disappointed in the findings of this report".
Valero awards engineering pact to Foster Wheeler for Pembroke refinery in UK
Foster Wheeler will provide home office front-end engineering design and detailed engineering design services to support new development and modification projects at the Pembroke refinery and other UK facilities. Terms were not disclosed. Valero acquired the Pembroke refinery in 2011.
Wood Group wins maintenance work from Caltex for two Australian refineries
Effective from June 2013 at the Lytton refinery in Brisbane and the Kurnell refinery in Sydney, the $45 million, 18-month contract marks the continuation of a three-year contract first awarded to Wood Group in 2010. Wood provides maintenance management as well as mechanical and support services.
Petrobras gets purchase offer for Japan refinery
A Singapore-based company has proposed a $650 million deal to Petrobras, including $80 million for the Nansei Sekiyu refinery in Okinawa and $570 million for oil and oil-derivatives stocks at the refinery complex, the Valor Economico newspaper said, citing sources with knowledge of the negotiations.
Williams shuts down natural gas pipeline in West Virginia after explosion
A large explosion occurred shortly after noon local time and forced local residents to evacuate their homes, said Marshall County Sheriff Kevin Cecil. The pipeline automatically shut down after the explosion, and residents were allowed to return to their home at around 2:30 p.m.
Phillips 66 inks three logistics pacts to boost crude supply for US refineries
The agreements for rail loading and terminaling services and a pipeline project will help Phillips 66 increase supplies of cost-advantaged North American crude oil to its US refineries.
Canada pledges to toughen oil tanker safety rules
Resources Minister Joe Oliver and Transport Minister Denis Lebel were in Vancouver, British Columbia this week to unveil the latest proposals, which include establishing a panel tasked with recommending further changes to create a so-called "world-class" tanker safety system.
US fuel makers use rail lines to tap Canadian oil
As the fight over the Keystone XL pipeline drags on, US refiners are turning to railroads to bring crude from Canada's oil sands to many refineries along the Gulf of Mexico.
EIA projects rising US domestic oil production
Projected crude production is expected to average 7.3 million bpd in 2013 and 7.9 million bpd in 2014. EIA expects total consumption to rise slightly over the next two years to an average of 18.7 million bpd.
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- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
