Refining
Shell, Cosan launch sugarcane ethanol JV in Brazil
Shell and Cosan on Thursday officially launched their $12 billion joint venture that they say will become a leading producer of ethanol made from sugarcane. Named Raizen, the retail and commercial fuels company will operate in Brazil.
India refiner touts Honeywell wireless technology in FCC expansion
Hindustan Petroleum (HPCL) has implemented wireless mobile stations from Honeywell Process Solutions as part of its $200mn fluid catalytic cracking (FCC) project at its Mumbai refinery, officials said on Thursday.
Navy climbers arrest environmentalists as drilling set to begin at Arctic oil rig
An occupation team from environmental activist group Greenpeace that scaled an Arctic oil rig to prevent deepwater drilling was arrested by climbers believed to be from the Danish navy.
Buckeye purchases US terminal, pipeline assets from BP for $165mn
Buckeye Partners said it completed the purchase of 33 refined products terminals and 650 miles of pipeline from BP for $165mn.
Marathon Oil to buy $3.5 billion in Eagle Ford shale
Marathon Oil reached an agreement with Hilcorp Resources to purchase assets in the core of the Eagle Ford shale formation in Texas for $3.5 billion, subject to closing adjustments, customary terms and conditions.
LyondellBasell will seek sale of France refinery, turns site focus to petrochemicals
LyondellBasell is attempting to sell its 105,000 bpd refinery at Berre, France, as part of a plan to focus on petrochemical assets at that location.
Fluor wins engineering excellence award for Spain refinery expansion
Fluor said on Tuesday that it was awarded the 2010 national prize for industrial engineering by Spain’s National Society of Professional Industrial Engineers.
Mexico oil firm PEMEX picks McDermott to build three Gulf pipelines
Engineering firm McDermott has been awarded a contract from Mexican energy major PEMEX for the procurement, construction and installation of three oil and gas pipelines in the Bay of Campeche, each ranging from 8 to 20 inches in diameter.
Offshore advances make Gulf drilling safe - API
The US should more quickly issue permits for offshore drilling in the Gulf of Mexico as the industry has taken considerable steps to improve its safety practices, American Petroleum Institute CEO Jack Gerard said in a recent conference address.
Age of pipeline systems unrelated to spill risk – new European study
European environmental and safety group CONCAWE recently released results of a new study, showing that there is no evidence that the aging of a pipeline system poses any greater level of spillage risk.
- Azerbaijan's State Oil Company redirects supplies of jet fuel from STAR refinery to Turkish domestic market 5/8
- Hungry to sell, UAE slips hidden oil tankers through Strait of Hormuz 5/8
- Seven markets to track if peace breaks out in the Middle East 5/8
- Asia exports of refined fuels plunge amid Hormuz closure 5/8
- Libya's Zawiya oil refinery shut due to nearby clashes 5/8
- Meghna PVC partners with Jotun to manage corrosion maintenance 5/7
