Crude oil
Total completes deep conversion at Port Arthur refinery, new units on-stream
Total on Thursday announced the completion of a three-year, $2.2 billion expansion of its Port Arthur refinery, with all new units successfully started and on-stream.
Kinder Morgan buys $920mn in US shale assets, will build $220mn crude/condensate pipeline
Kinder Morgan Energy Partners (KMP) has agreed to pay approximately $855mn to Petrohawk Energy and assume approximately $65 million in debt for Petrohawk’s 50% interest in KinderHawk Field Services (the natural gas gathering and treating services provider in the Haynesville Shale) and a 25% interest in Petrohawk’s natural gas gathering and treating business in the Eagle Ford Shale.
New NGL fractionation facility to be built in Mont Belvieu, Texas
Energy Transfer Partners (ETP) and Regency Energy Partners will construct a 100,000 bpd natural gas liquids (NGL) fractionation facility at Mont Belvieu, Texas, through their Lone Star NGL joint venture.
Shell starts up new production from Canada oil sands expansion
Shell announced the successful start of production from its Scotford upgrader expansion project in Canada. The 100,000 bpd expansion takes upgrading capacity at Scotford to 255,000 bpd of heavy oil from the Athabasca oil sands.
Enterprise to extend Texas crude oil pipeline from Eagle Ford shale
Enterprise Products Partners plans to build an 80-mile extension of its 350,000 bpd Eagle Ford shale crude oil pipeline, allowing it to serve growing production areas in the southwestern portion of the play.
Capstone Turbine receives order for 22 more C65s for Eagle Ford shale use
Capstone Turbine Corp. said on Monday that it received another order for 22 C65 microturbines from one of the world's largest independent oil and natural gas companies.
Technip awarded €100mn EPC contract for Canada oil sands project
France-based Technip said it has been awarded an engineering, procurement and construction (EPC) support contract worth approximately €100mn for the Horizon oil sands project in Fort McMurray, Canada.
Mexico needs new oil investment to avoid becoming net importer by 2020 - study
Without sufficient investments in upstream oil field activities utilizing new and advanced technologies, Mexico faces the prospect of becoming a net oil importer in 10 years, according to a new research study.
EIA releases annual US energy outlook, sees strong growth in shale production
The US Energy Information Administration (EIA) this week released the complete version of its 2011 annual energy outlook (AEO2011), which includes 57 sensitivity cases that show how different assumptions regarding market, policy, and technology drivers affect prior projections of energy production, consumption, technology, and market trends.
Enbridge plans $175mn expansion of Texas shale transportation infrastructure
Enbridge Energy Partners will invest an additional $175mn to expand its East Texas shale infrastructure, the crude and natural gas transportation services firm said on Friday.
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