Americas
SemGroup completes acquisition of Houston Fuel Oil Terminal Company
TULSA, Okla. — SemGroup Corporation announced the closing of its acquisition of Houston Fuel Oil Terminal Company (HFOTCO) from investment funds managed by Alinda Capital Partners. HFOTCO, one of the largest oil terminals in the US, establishes SemGroup’s position in the premier energy market, the Houston Ship Channel, and provides a strategic platform to refinery-facing growth.
PetroChina unloading first Chinese purchase of oil from US strategic reserves
SINGAPORE (Reuters) — PetroChina is this week unloading the first Chinese purchase of crude oil from US strategic petroleum reserves at a port in eastern China, according to shipping data and two industry sources.
Tesoro fuel transport via Pemex lines in Mexico could begin in Sept
MEXICO CITY (Reuters) — US refiner Tesoro Corp could begin transporting gasoline and diesel through the pipeline network owned by Mexico's national oil company Pemex in September, an executive with the Mexican firm said on Wednesday.
IRPC Americas '17: Best practices should not be sacrificed for cost and schedule
HOUSTON—Stephen L. Cabano, President of Pathfinder LLC, spoke on the recognition vs. application of best practices for capital projects on the second day of Gulf Publishing Company's International Refining and Petrochemical Conference (IRPC) Americas 2017.
IRPC Americas '17: FCC process history driven by war, competition
HOUSTON—Phillip Niccum, Senior Vice President, Process Engineering for KP Engineering, opened the second day of Gulf Publishing Company's International Refining and Petrochemical Conference (IRPC) Americas 2017 with a keynote talk on the history and development of the fluid catalytic cracking (FCC) process.
MHI completes large-scale 2-train polyethylene plant for Exxon
Mitsubishi Heavy Industries America, Inc. (MHIA), a fully owned subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI), has completed the construction of a large-scale two-train polyethylene plant in the US.
BP mulling IPO of US Midwest and Gulf Coast pipeline assets
(Reuters) — BP Plc is considering an initial public offering of its vast US Midwest and Gulf Coast pipeline assets, the company said on Tuesday, a move that would raise cash.
IRPC Americas '17: IMO 2020 panelists advocate bunker sulfur removal "at the source"
HOUSTON—On Day 1 of Gulf Publishing Company's International Refining and Petrochemical Conference (IRPC) Americas 2018, Hydrocarbon Processing Technical Editor Bob Andrew moderated a late-morning panel discussion on IMO 2020 regulations.
IRPC Americas '17: US supply growth creates opportunities for refining/petchem
HOUSTON—Robert E. Trubac, Technology Director–Petrochemicals, Aromatics and Higher Olefins for CB&I, kicked off the opening of Gulf Publishing Company's International Refining and Petrochemical Conference (IRPC) Americas 2018 with a keynote address on paraxylene (PX) production via double reslurry crystallization.
Oil climbs as firm demand absorbs ample supply
LONDON (Reuters) — Oil rose on Tuesday as demand soaked up some of the surplus supplies from OPEC and the United States, but traders said the market was trading in a tight range and showed few signs of big short term moves.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
