Natural Gas
The downstream rundown: In case you missed it 08/19
In case you missed any downstream news, here are the top stories from last week.
PetroChina begins $4.5-B refinery expansion
PetroChina has launched a $4.52 B program to expand a subsidiary refinery in southern China into an integrated petrochemicals complex.
FPT Industrial powers the first LNG trucks on Indian roads
FPT Industrial and Blue Energy Motors have signed an agreement with the goal of deploying the very first LNG trucks in India, powered by FPT N67 NG BSVI compliant engines, on the country’s roads by the end of the year.
Worley to work with Heartwell on a greenfield renewable diesel plant
Worley has been awarded a contract by Heartwell Renewables LLC, a joint venture between The Love’s Family of Companies and Cargill, for a greenfield renewable fuels plant in Hastings, Nebraska.
South China chemical producer halts ammonia output as gas crisis deepens
BEIJING (Reuters) — A major Chinese chemical producer based in the southern province of Yunnan said it has halted production of synthetic ammonia and urea due to natural gas shortages as China's winter heating crisis deepens.
Libya's new power plant to cut Sharara oil exports by 50,000 bpd
LONDON (Reuters) — Libya’s new Ubari gas-fired power station will initially run on up to 50,000 bpd of Sharara crude oil when it starts up in around two weeks, slashing exports from Libya’s biggest oilfield, a Libyan oil industry source said on Thursday.
US oil pipeline rivals look to consolidate West Texas projects
HOUSTON (Reuters) — As shale oil producers have rushed back into the Permian Basin after a downturn, US pipeline firms have scrambled to plot new pipelines to take all that petroleum from West Texas to refineries, export hubs and petrochemical plants.
IEA lifts 5-yr renewables forecast after record 2016
LONDON (Reuters) — The International Energy Agency (IEA) raised its forecasts on Wednesday for renewable energy over the next 5 yr following a record 2016, adding that renewables growth is squeezing natural gas and coal.
API: US petroleum demand last month highest for August since 2007
WASHINGTON — Total petroleum deliveries in August moved up by 1.3% from August 2016 to average 20.5 MMpbd, a report by the America Petroleum Institute (API) said. These were the highest August deliveries in 10 yr, since 2007. Compared with July, total domestic petroleum deliveries, a measure of US petroleum demand, decreased 0.6%. For year-to-date, total domestic petroleum deliveries moved up 1.3% compared to the same period last year.
Petrotechnics’ survey reveals reality of risk in the global hydrocarbon industry
ABERDEEN, Scotland, UK — Petrotechnics, the developer of the hazardous industries’ first software platform for operational excellence, has released its 2017 Operational Risk and Process Safety Management survey results. Insights from more than 200 senior industry leaders reveal that only 6% believe their companies are fully up-to-date with their scheduled safety-critical maintenance.
- Serbia secures U.S. sanctions waiver for its NIS oil firm 3/20
- Tanker carrying fuel originally bound for Cuba diverts to Trinidad 3/20
- Vietnam accelerates shift to ethanol fuel as Iran war drives up energy prices 3/20
- Damaged Russian tanker days away from Libyan shores, Italian official says 3/20
- India’s Reliance buys about 155,000 bpd Russian oil after pause 3/20
- China's Sinochem cuts refinery runs, seeks prompt-delivery crude 3/20
