Crude oil
ExxonMobil opens Shiogama terminal in area affected by earthquake, tsunami
ExxonMobil Japan Group has reopened its Shiogama terminal, enabling delivery of increased fuel supplies into the Tohoku area of Northeast Japan, which was affected by the March 11 earthquake and tsunami.
Colonial announces pipeline expansions
Colonial Pipeline has announced recent pipeline system improvements have netted an additional capacity of 24,000 bpd.
Tesoro announces North Dakota expansion
Tesoro Corporation plans to expand the crude oil throughput capacity at its Mandan, North Dakota, refinery from 58,000 bpd to 68,000 bpd by the second quarter of 2012, subject to permitting requirements.
Nuclear disaster will shift $200 billion investment to fossil and renewables
In the next five years over $3 trillion will be invested in dynamic segments of the power, energy and water industries. However, forecasts regarding the division of this investment made just months ago are now revised to reflect lower investment in new nuclear power plants and higher investment in alternatives.
Haldor Topsøe's contract with Petróleos de Venezuela, S.A.
Petróleos de Venezuela, S.A. (PDVSA) and the Danish company Haldor Topsøe have signed a contract for the Centro de Refinación Paraguaná Project.
Valero plans to expand crude unit capacity at McKee refinery
Valero Energy Corp. announced plans to expand the crude unit capacity of its McKee refinery by 25,000 bpd.
Update on dire refining situation in Japan
The 8.9 magnitude earthquake that struck Japan on March 11th has caused considerable interruption to oil refinery operations in the country. Hydrocarbon Processing’s Boxscore Database has complied data indicating that with a total of 28 oil refineries, Japan is the second largest refining country after China in the Asia-Pacific region.
Berkshire Hathaway to acquire Lubrizol
Berkshire Hathaway Inc. and The Lubrizol Corp. announced on March 14 a definitive agreement for Berkshire Hathaway to acquire 100% of outstanding Lubrizol shares for $135 per share in an all-cash transaction.
Japan's refining industry partially closed
Chaos continues as bleak news from Japan streams in from devastated areas
Canadian oil association supports oil sands monitoring
The Canadian Association of Petroleum Producers supports a robust environmental monitoring system in the oil sands region of northern Alberta.
- BASF’s Intermediates division produces entire portfolio of acid chlorides and chloroformates at its Ludwigshafen site using renewable electricity credits 3/23
- LG Chem shuts down 800,000-tpy Yeosu naphtha cracker 3/23
- French Energy Ministry considers increasing oil refining capacity 3/23
- Schneider Electric global study shows energy industry ramping up investment in autonomous operations by 2030 as AI reshapes performance 3/23
- Middle East shock gives Dangote refinery leverage as cheap imports dry up 3/23
- HWI officially opens state-of-the-art Fulton (U.S.) lightweight monolithics facility 3/23
