Refining
Enbridge faces complaints of oil sands favoritism from Bakken producers
The dispute underscores the growing scramble for limited pipeline space, as burgeoning production from the Bakken and light, tight oil plays in Canada compete with the expanding oil sands for transportation space.
Phillips 66 eyes additional rail capacity to transport North Dakota shale oil
Phillips 66 is ordering 2,000 railcars to transport oil from shale fields in North Dakota to refineries on the US coasts. The company currently refines about 100,000 bpd of shale oil but says it can handle 500,000.
Shell speeds up closure of Clyde refinery in Sydney
Refining at the 79,000 bpd Clyde facility will stop Sept. 30 following an announcement last July that it would be converted into a fuel import terminal. Shell said last year that refining would cease by mid-2013.
Reliance unveils $18bn investment plan in India
Reliance will invest about 1.0 trillion rupees ($18.12 billion) in India over the next five years to expand and diversify its businesses that range from gas production and oil refining to selling groceries and iPhones. Billionaire chairman Mukesh Ambani said recent economic difficulties are temporary.
Enerkem opens cellulosic ethanol plant at Québec waste-to-fuel facility
Waste-to-biofuels and chemicals company Enerkem has begun initial production of cellulosic ethanol from waste materials at its demonstration facility in Westbury, Québec. Enerkem, which converts garbage into gases that are processed into ethanol and chemicals, may soon license its technology.
Phillips 66 rethinks possible Louisiana refinery sale
Phillips 66 will decide by this summer whether to sell its refinery in Belle Chasse, La., said CEO Greg Garland. Phillips 66 has considered a sale of its Alliance refinery in Belle Chasse since December 2011, but is now rethinking the prospect amid falling prices for Light Louisiana Sweet crude oil, Garland said.
UOP to purify hydrogen in Russia clean fuel refining
Honeywell’s UOP has been selected by Haldor Topsoe to provide technology to purify hydrogen from a steam reforming unit to be installed at the Antipinsky refinery in Tyumen, Russia. The new hydrogen unit, scheduled to start up in 2013, is part of the refinery's plan to raise capacity by up to 7 million tpy.
UOP to purify hydrogen in Russia clean fuel refining
Honeywell’s UOP has been selected by Haldor Topsoe to provide technology to purify hydrogen from a steam reforming unit to be installed at the Antipinsky refinery in Tyumen, Russia. The new hydrogen unit, scheduled to start up in 2013, is part of the refinery's plan to raise capacity by up to 7 million tpy.
Essar Oil expands India refining capacity by 11%
Essar Oil has raised capacity at its Vadinar refinery in the western Indian state of Gujarat by 11% to 400,000 bpd. Essar said the share of heavy and ultra-heavy crude in the total crude it processes will go up to 80%.
Brenntag buys Italy additives distributor Petrolube
German chemical distribution major Brenntag has signed an agreement to acquire Petrolube, the exclusive distributor of Infineum specialty fuel and oil additives based in Milan, Italy. The deal strengthens Brenntag’s strategic relationship with Infineum, a manufacturer of specialty additives.
- India's Reliance gets one-month US concession to buy Rosneft oil 12/24
- SOCAR signs deal to buy Gama Enerji gas plant in Turkey for $225 MM 12/24
- Japan's Eneos leads bids for Chevron’s Singapore oil refinery stake 12/24
- Larsen & Toubro awarded EPCC contract for BPCL's polyethylene plant 12/24
- Maire's Nextchem to acquire technology licensor and engineering company Ballestra 12/24
- bp agrees to sell a 65% shareholding in Castrol to Stonepeak at an enterprise value of $10 billion 12/24
