Sempra wins final US approval for Cameron LNG exports
Sempra Energy’s plan to export liquefied natural gas (LNG) from Louisiana won final US approval, becoming the second such facility to win the agency’s backing.
June 19, 2014Continue reading...Islamist insurgents battle Iraqi troops for control of largest oil refinery
The local police said militants are inside the plant, while the central govermnent said its elite troops are in control.
June 19, 2014Continue reading...Quantum Energy Oil Refinery Proposed for Montana
The facility, which would be run by Quantum Energy Inc., would refine 20,000 barrels of oil to produce 7,000 barrels of diesel a day. It would supply fuel to other energy companies and agricultural producers within a 100-mile radius, cutting back on diesel transported from out of state to meet oilfield-related demand.
June 18, 2014Continue reading...Calumet Unveils Plans for Lake Charles GTL Project
Calumet Specialty Products Partners, L.P., a leading independent producer of specialty hydrocarbon and fuel products, announced its investment as a joint venture partner in the construction of a commercial gas-to-liquids ("GTL") plant that is expected to produce 1,100 barrels per day of refined products, including waxes, drilling fluids, distillate and naphtha, from natural gas.
June 18, 2014Continue reading...Oiltanking Partners Announces Crude Oil Expansion Project in Beaumont, Texas
Oiltanking Partners, L.P. announced that the board of directors of its general partner has approved an expansion project to construct new crude storage, pipelines, and dock infrastructure at its terminal in Beaumont, Texas. The multi-phase crude expansion will have a total capacity of up to 6.2 million barrels of storage at a total cost of approximately $340 million when all currently planned phases have been completed. The initial phase of the project is fully supported by customer commitments. In addition, the Partnership has received strong commercial interest in storage commitments with other potential customers that exceed the remaining project capacity.
June 18, 2014Continue reading...Chevron Phillips breaks ground on new Texas polyethylene plants
Chevron Phillips Chemical held its second groundbreaking ceremony for its US Gulf Coast (USGC) petrochemicals project at the construction site in Old Ocean, Texas, the company announced on Wednesday.
June 18, 2014Continue reading...INEOS and Sasol reach final investment decision on high density polyethylene joint venture.
NEOS Olefins & Polymers USA and Sasol Chemicals North America LLC have announced that they have reached final investment decision to form a joint venture to build a high-density polyethylene (HDPE) plant in LaPorte, Texas.
June 18, 2014Continue reading...BP: Coal fills rising share of global energy demand
The findings from BP's annual review could be another indication that consumers are prioritizing cheap fuels over efforts to rein in greenhouse gas emissions blamed for global warming.
June 18, 2014Continue reading...BP signs 20-year deal to supply LNG to China's CNOOC
BP and the China National Offshore Oil Corp. (CNOOC) announced a heads of agreement for the supply of up to 1.5 million tpy of liquefied natural gas (LNG) over 20 years starting in 2019.
June 18, 2014Continue reading...Alfa Laval to supply heat exchangers at AkzoNobel caustic soda plant
Alfa Laval’s compact heat exchangers will be used for concentrating caustic soda, an important ingredient in the petrochemical industry. The compact heat exchangers will re-use heat from different steps of the evaporation process, thereby maximizing the energy efficiency and minimizing the energy use.
June 17, 2014Continue reading...