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Refining

Shell sells most of Chilean downstream businesses to Quiñenco

Shell today announced it has agreed to sell most of its downstream business in Chile to Quiñenco for a total consideration of some $614 million.

Obama Administration issues statement on US energy security

On March 30, the office of the press secretary at the US White House issued the following statement concerning the US’ energy security.

New reports predict US auto industry boosting profits with higher mileage standards

As the US ramps up vehicle fuel efficiency standards, two new reports from Citi Investment Research, Ceres and longtime independent industry experts conclude that US automakers will be more profitable at a fleetwide 42 mile per gallon (mpg) average in 2020

Flint Hills Pine Bend refinery receives wastewater treatment award

Flint Hills Resources Pine Bend refinery recently received a Minnesota Wastewater Treatment Facility Operational Award from the Minnesota Pollution Control Agency (MPCA).

Purvin & Gertz releases global petroleum market outlook

Purvin & Gertz announces the release of its Global Petroleum Market Outlook 2011. The study provides an in-depth analysis of global and regional markets for crude oil and refined products within a framework of world energy demand and economic activity through 2030.

Shell sells Stanlow refinery to Essar Oil (UK)

Shell has signed a sales and purchase agreement for its 270,000 bpd Stanlow refinery in the UK and certain associated local marketing businesses with Essar Oil (UK) Ltd. for a total expected consideration of some $1.3 billion. Today’s announcement follows a formal offer Essar made for Stanlow in mid-February.

Alternative energy research park to be built in Colorado

On March 16, the Weld County Commissioners in Colorado unanimously approved Harrison Resource Corp.’s plans for development of Niobrara Energy Park, a 640-acre project that will integrate natural gas and renewable energy generation facilities, including solar and wind energy, with data centers and energy research. With zoning approvals in place, the greenfield project is now process-shovel-ready.

ExxonMobil increases fuel supply to Tohoku region of Japan

In an ongoing effort to quickly and safely supply much needed fuel to the areas in Japan hardest hit by the earthquake, ExxonMobil Group Japan has increased fuel supply into its Tohoku region dealer service station network by 140% above pre-earthquake levels.

Foster Wheeler sending a steam reformer to Bashkortostan

Foster Wheeler AG’s Global Engineering and Construction Group has been awarded a contract by JSC Novo-Ufimsky refinery, a subsidiary of Russian oil company Bashneft, for the engineering and material supply of a new Terrace Wall steam reformer heater and air preheating system for the Ufa refinery in the Republic of Bashkortostan, Russia.

ASTM International offers training course on diesel fuels

Diesel Fuels: Specifications and Test Methods, a technical and professional training course sponsored by ASTM International, covers a wide range of diesel fuel issues including specifications, test methods, sampling and quality control, distribution, current issues and alternate fuels like biodiesel.