Crude oil
Koch Pipeline wins API’s top safety, environmental award for 2010
Koch Pipeline Co. employees won the API 2010 distinguished award for outstanding safety and environmental performance, considered the API’s highest award in the field, the company said.
IPIC proceeds with plan for $3bn UAE refinery, gives engineering deal to Shaw
International Petroleum Investment Co. (IPIC) announced that it is proceeding with the implementation of a 200,000 bbl/day refinery at Fujairah, at an estimated cost of $3 billion.
Eagle Ford crude on the express to Corpus
Flint Hills Resources has completed long-term arrangements with Anadarko Petroleum Corp. and Harvest Pipeline Company that will bring additional quantities of Eagle Ford crude and condensate production to Corpus Christi.
Ex-Im Bank gives initial approval for $2.8 billion in financing for Colombian refinery
The Board of Directors of the Export-Import Bank of the US today voted to grant preliminary approval for a $2.84 billion direct loan/loan guarantee to Colombia’s Refinería de Cartagena S.A. (Reficar).
Puma Energy buying ExxonMobil's downstream businesses in six Central American markets
Puma Energy has agreed to acquire ExxonMobil's fuels marketing and supply businesses in Belize, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
Shaw and Axens will license “next gen” FCC technology
The Shaw Group and Axens have been selected to license a next-generation catalytic cracking technology that will help refiners maximize the production of propylene and other high-value refinery products
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.
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.
- Nextchem completes acquisition of Ballestra, expanding its technology portfolio in phosphates and fertilizers 6/25
- ABB's SensyMaster flowmeter receives SIL 2 certification for use in safety-critical process applications 6/25
- INEOS Oligomers announced two new product launches across its specialty chemicals portfolio. 6/25
- Phillips 66 CEO warns of refining, petrochemical earnings volatility from Hormuz disruptions 6/25
- Hynfra secures critical land rights for 120,000-tpy green ammonia plant in Jordan 6/25
- Maire signs MoU to explore SAF production in Kazakhstan 6/24
