Crude oil
Nigeria's national oil company denies reports of pipeline protection agency
NNPC said that it has no plan to set up an agency to protect pipelines in the country. A NNPC spokeswoman, said that the corporation and its subsidiary Pipelines and Produce Marketing Co. aren't privy to any plan by the federal government to up the agency or a commission to protect the pipelines.
TransCanada plans new Alberta pipeline, terminal
TransCanada said that it has reached binding shipping agreements allowing it to move forward on plans for a pipeline and terminal facility in Alberta that will help link Canadian crude oil resources in the province to markets in eastern Canada and the US. The projects would cost a combined $893 million.
Exxon cleans up Pegasus pipeline spill in Missouri
A resident notified the company that oil had stained the pipeline. Exxon is investigating the cause of the incident. The Pegasus pipeline has been out of service since March 29, when a breach in the line led to thousands of barrels of oil spilling into a residential neighborhood in Mayflower, Arkansas.
Optimize vacuum ejector operations
Vacuum distillation unit (VDU) designs generally involve jet ejectors due to their low capital and operating expenses, high reliability, durability and simplicity. Once the ejector is installed and co..
HP Brief
Centrica signs long-term North American LNG export contract with CheniereCentrica has an agreement with Cheniere Energy Partners to purchase 89 billion cubic feet of annual liquefied natural gas (LNG)..
HP Impact: Global oil flows shift from West to East
By 2020, crude oil trade flows west of Suez will drop by 4.2 MM bpd, while crude flows east of Suez will rise by 4.7 MM bpd (Fig. 1), according to a recently published report from ESAI Energy. The pri..
HP Impact: UK consumers buying less fuel at the pump
In the last 10 years, average UK fuel prices have almost doubled, rising from 73.68 p/l to 136.26 p/l for unleaded gasoline, and 75.57 p/l to 142.39 p/l for diesel. The latest retail marketing survey,..
Phillips 66 aims to refine only US, Canadian crudes
Phillips 66 said it boosted the share of discounted crude produced in the US and Canada that its refineries process to 68% of its feedstock, up from 60% last year. The company said relatively cheap oil from shale and Canadian sources is central to the company's midcontinent refineries.
Uganda eyes 120,000 bpd pipeline to export crude
The country is also planning to build a 30,000 bpd refinery to produce refined fuel products for the local market, allowing the pipeline to transport additional crude to export markets through neighboring Kenya, according to Kalisa Kabagambe, the ministry's permanent secretary.
Valero looks to boost refinery processing capacity for light, sweet crudes
Valero said it was spending about $500 million for new equipment at its refineries in Houston and Corpus Christi, Texas, to increase their light, sweet crude refining capacity by a combined 160,000 bpd. The company was also planning to ship more crude oil from Texas to its refinery in Quebec City,
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
