Refining
Marathon Oil boosting capital spending by $1 billion
Marathon Oil Corp. said Wednesday that it will increase its capital spending by $1 billion in 2012 as it moves to develop acreage in the Eagle Ford shale of South Texas. The firm plans to spend $4.82 billion on capital projects in 2012, up from its plan to spend $3.89 billion in 2011.
Toyo lands engineering design deal for Canada oil sands refinery project
Toyo has been awarded a contract by North West Redwater (NWR) to provide EDS (engineering design specification) work for a heavy oil upgrading and refining complex in Sturgeon County, Alberta. This complex will process bitumen extracted from oil sands producing naphtha, diesel oil and other petroleum products.
Iran says EU ban on crude imports to hurt Europe
Iran doesn't expect Europe to follow through on its threat to ban imports of oil from the Islamic republic because it would hurt the euro zone's energy security.
Sunoco idles key processing units at Pennsylvania refinery, cites weak market
US refiner Sunoco is indefinitely idling the main processing units at its refinery in Marcus Hook, Penn., citing deteriorating refining market conditions. The company said it also intends to increase the capacity utilization rate of its Philadelphia refinery and will continue to operate the refinery as long as market conditions warrant.
NPRA praises US transition to net fuels exporter
A new report that says growing US exports of petroleum fuels may enable the country to become a net exporter of refined petroleum products this year for the first time since 1949 is good news for the US, according to National Petrochemical & Refiners Association (NPRA) president Charles T. Drevna.
Toyo lands project management deal for Venezuela refinery upgrading work
Toyo Engineering, in consortium with a Venezuelan engineering firm Y&V Ingeniería y Construcción, has been awarded a project management consultant contract for a heavy oil upgrading project of Venezuelan national petroleum company PDVSA at its Puerto La Cruz refinery in the State of Anzoátegui. The project aims to satisfy the energy demands of the domestic market in Venezuela and overseas exports.
Selecting the right steam methane reformer: Can vs. box design
Simulating various configurations and cost estimates aids in the selection of a steam methane reformer for hydrogen production
Investment roadmap: Planning for carbon capture and storage
Reducing emissions can be approached with a similar method to any other new capital project
Manage risks with dividing-wall column installations
A simple auxiliary configuration and an extensive modeling study can mitigate the implementation risks of DWCs
HPI Market Data 2012 Executive Summary
THE NEXT STEPThe economic recovery continues for the global hydrocarbon processing industry (HPI). Energy drives economic growth. Unfortunately for developed nations, stronger economic recovery remain..
- Borouge, Borealis, CFF and PMS join forces to study polyolefin recycling ecosystem in Indonesia 2/10
- bp's Gelsenkirchen refinery attracts buyer's interest from Klesch 2/10
- Fire at Baiji refinery contained, Iraq's Somo says 2/10
- Hengli Petrochemical sets up Dubai trading subsidiary in expansion 2/10
- Canadian airlines suspend Cuba flights as island set to run out of jet fuel 2/10
- Idemitsu Kosan plans maintenance at Keihin refinery in April 2/10
