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SYDNEY -- Caltex Australia said that fuel production last month was hurt by the unplanned shutdown of a refining unit in Brisbane.
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A natural gas transmission line exploded in a rural Louisiana community about 70 miles north of New Orleans, knocking out power and causing area residents to be evacuated, local authorities said.
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The ‘Zhuhai 3’ plant will have a capacity of 1.25 million tpy and is expected to start up in late 2014. Zhuhai 3 joins two earlier phases of PTA units at the same location, bringing total capacity at the site to more than 2.7 million tpy. After the launch of Zhuhai 3, BP’s global PTA capacity will be 8.25 million tpy.
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Under the terms of the contract, Jacobs is providing EPCM services in collaboration with Polimeri Europa UK to support the installation of a new finishing line and the associated works. The expansion is expected to significantly increase Polimeri Europa UK’s rubber production capacity at Grangemouth.
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As part of the agreement, Par Petroleum intends to operate the assets as an integrated refining, logistics and retail system. The sales price of the Hawaii operations is $75 million, plus the market value of net working capital, which is expected to be approximately $225 million to $275 million.
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The Sadara complex, one of the world's largest chemicals plants, is expected to produce more than 3 million tpy of petrochemicals once it is completed in 2016. Khalid al-Falih, CEO of Saudi Aramco, said in 2011 that Sadara would require large amounts of debt finance, and it was considering various options.
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The project is part of Sasol’s planned world-scale ethane cracker and derivatives complex to be built in Lake Charles, Louisiana. The plant's low-density polyethylene (LDPE) capacity will be 420,000 tpy.
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Motiva Enterprises shut down a production unit at its refinery in Port Arthur, Texas, after discovering a possible leak, according to a filing. The company took the catalytic feed hydrotreater unit offline.
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Originally the plan had been to deliver the LNG from the plant to the US market, but the shale gas boom in the country has forced the company to look for new customers in Asia and Europe. Angola LNG said it has executed a large number of agreements with energy companies across the world.
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More than 40 workers in the western Canadian province are cleaning up at the site of the spill, which has affected an area of roughly 3.5 acres about 55 miles north of Manning, Alberta. The cause of the spill from the six inch pipeline is under investigation, the company said in a news release.
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Citgo Petroleum shut down several units June 12 at its refinery in Lemont, Ill., after the facility was struck by lightning, according to a government filing. Several units at Marathon Petroleum's 80,000 bpd refinery in Texas City, Texas, remained off line June 10 following a leak at the refinery's FCCU.
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The EPCm services to be provided by KBR entail all the management services required in order to restore the integrity of the gaseous oxygen compressor. Financial details were not disclosed by the firms.
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LNG is traded under either long-term contracts that can span more than two decades or short term contracts of four years or less. Glencore will focus on short-term spot trading, giving it flexibility to switch customers based on prices and increase earnings. The firm will utilize its existing sales network.
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The planned pipeline from the Agua Dulce gas hub in Texas to central Mexico is in three parts, and Pemex is currently seeking bids for the longest section, which runs from Los Ramones in the northern state of Nuevo Leon to Guanajuato and is expected to cost around $1.8 billion.
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Technip will develop the process design package of the hydrogen production unit of the plant, based on its steam reformer proprietary technology, and will prepare the FEED for the hydrogen production, Fischer-Tropsch synthesis and refining units. Work is scheduled to be completed in early 2014.
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NLNG, a joint venture between the Nigerian National Petroleum, Shell, Total, and Eni, had said the disrupted gas supply was the equivalent of 40%-50% of NLNG's usual total gas intake.
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An explosion and subsequent fire rocked the Williams olefins plant on Thursday in Geismar, Louisiana, leading to evacuations, two deaths and numerous injuries. Ambulances and helicopters transported those injured facility to local hospitals and about 300 workers were evacuated from the scene.
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The pilot plant will demonstrate Foster Wheeler’s VESTA substitute natural gas (SNG) technology. Under the agreement, Wison Engineering will provide engineering and construction services, Foster Wheeler will license technology, and Clariant will supply the proprietary developed catalyst.
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Mr. Cazalot has served as Marathon's CEO for nearly 14 years and is approaching the company's mandated retirement age of 65 years old for executives. He will remain chairman of the company's board through the end of the year. He will be replaced by ExxonMobil executive Lee Tillman.
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In its world energy review, BP revealed that 2012 had the largest single-year increase ever seen in the US, largely from unconventional hydrocarbons such as tight oil. This illustrates an example of the increasing diversity of energy sources as the global market continues to adapt and evolve.
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The contracts include over 1000 control valves, valve controllers and actuators for applications ranging from inlet gas processing, acid gas removal, liquefaction and fractionation to anti-surge and cryogenic. The wide scope of applications is matched by various valve materials to withstand harsh conditions.
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India is the fifth largest importer of LNG after Japan, South Korea, the United Kingdom and Spain, the minister said, adding that he expects the country's LNG demand to grow 5%-6% every year until 2020. India has already secured deals to import about 14 million metric tpy of gas.
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AMEC has an existing environmental services framework contract with BP in North America, and this latest award effectively forms a global agreement for environmental services between the two companies. The value of the contract, which will run until to 2017, has not been announced.
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Hydraulic fracturing and other drilling technologies are keeping prices for natural gas -- a key raw material for Dow Chemical and other chemical producers -- below $4/MMBtu. That's cheap enough that the US chemical industry can start taking market share from Middle Eastern producers.
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The company, known as Petronas, is planning two LNG trains of 6 million tpy each under the Pacific NorthWest LNG project by the end of 2019. The export terminal project in British Columbia was acquired by Petronas last year as part of its $5.2 billion purchase of Canada's Progress Energy Resources.