Refining
Honeywell’s UOP to build propane dehydrogenation unit at Takreer UAE refinery
Honeywell’s UOP said it was selected by the Abu Dhabi Oil Refining Co. (Takreer) to provide key technology for a new petrochemical production unit in the United Arab Emirates.
IEA nations to tap oil reserves as supply disruptions continue in Libya
International Energy Agency (IEA) executive director Nobuo Tanaka announced Thursday that the 28 IEA member countries have agreed to release 60 million bbl of oil in the coming month in response to the ongoing disruption of oil supplies from Libya.
NPRA blasts US role in opening of oil reserves
The National Petrochemical & Refiners Association (NPRA) criticized the decision by the Obama administration to contribute 30 million bbl of oil from US strategic reserves, part of 60 million bbl to be tapped by International Energy Agency (IEA) member countries.
Transocean blames BP in new Gulf oil spill report
Transocean announced the release of an internal investigation report on the causes of the April 2010 Macondo well incident in the Gulf of Mexico, blaming rig operator BP for failing to properly assess, manage and communicate risk to its contractors.
Motiva to build rail facility for ethanol at Florida site
Motiva Enterprises said it has reached an agreement with Vecenergy to construct a fuel-grade ethanol rail offloading facility at the Motiva terminal in Port Everglades, Florida. The expanded operations will allow for the delivery of ethanol unit trains directly into existing Motiva storage tanks, the company said.
Weatherford, BP reach Gulf oil spill settlement
Oilfield equipment maker Weatherford agreed to pay BP $75 million to settle potential claims between the companies related to the Deepwater Horizon accident.
Praxair inks hydrogen supply deal for Motiva refinery in Louisiana
Reinforcing its strategy to meet growing customer demand in the Mississippi River corridor, Praxair said it signed a long-term agreement with Motiva to supply hydrogen to Motiva’s Norco refinery Louisiana.
US gasoline demand falling amid high costs - API
US gasoline deliveries in May were down from May a year ago and down year-to-date from 2010, though slightly higher than April, according to data released by the American Petroleum Institute (API).
Dresser-Rand, Statoil begin compressor R&D plan
Rotating equipment firm Dresser-Rand Group and refiner Statoil have launched a joint research and development project based on Dresser-Rand's integrated compression system (ICS).
Shell agrees to alliance, well manufacturing JV with China National Petroleum Co.
Shell and China National Petroleum Co. (CNPC) on Monday signed a global alliance agreement to emphasize a shared intent to pursue mutually beneficial cooperation opportunities internationally as well as in China, the companies said.
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