Americas
Oneok postpones planned Bakken Express pipeline
The company referred to the project as 'postponed' and said the problem was that shippers were not interested in sending oil to the pipeline's proposed destination at the oil storage hub of Cushing, Okla., currently the site of a supply glut that has helped keep US benchmark oil prices low.
DuPont breaks ground on Iowa commercial-scale cellulosic ethanol plant
The new facility is expected to generate 30 million gal/year of cellulosic biofuel produced from corn stover residues. That represents more capacity than original estimates called for, as data from a piloting facility in Tennessee has allowed DuPont to further optimize the process and technology
Petrobras selects UOP technology for offshore gas processing in Brazil
UOP, which opened a sales office in Rio de Janeiro in 2011 to better serve the oil and natural gas sectors in Latin America, will fabricate a significant portion of the membrane system locally in Brazil. The technology upgrades natural gas streams by removing carbon dioxide and water vapor.
Chevron replaces pipes at other US refineries after Richmond fire incident
Investigations of the Richmond accident have so far focused on corroded pipes found in the crude-distillation unit, where the fire started, that hadn't been flagged as dangerous in an earlier unit inspection. "We changed out pipe in some other locations," Mr. Watson told reporters on Thursday.
US Senate votes to let Navy keep buying biofuels
In its vote, the Senate rejected a measure introduced earlier this year by Sen. James Inhofe (R., Okla.) that would have banned the military from buying any fuel that costs more than traditional fuel. That measure would have prevented the Pentagon from buying small batches of pricey biofuels.
Foster Wheeler acquires Canadian engineering company Three Streams
Three Streams is a multi-discipline full service engineering, procurement, and construction management company with upstream and downstream projects located in Western Canada. It has approximately 450 employees. Financial terms of the acquisition were not disclosed.
BP suspended from new US government contracts
The move has an immediate impact on BP. The suspension will prevent the company from buying new oil-drilling leases or other government contracts until the company can provide sufficient evidence that it meets federal business standards, the Environmental Protection Agency said Wednesday.
Motiva to restart expanded Port Arthur refinery
Motiva, a joint venture of Shell and Saudi Aramco, opened the $10bn expansion in May, making the combined 600,000-bpd refinery the largest in the US before a chemical accident forced its main crude distillation unit to close.
US monthly chemicals output nudges higher – ACC
Chemical production rose in all regions except the Mid-Atlantic, Northeast and West Coast, which declined. Within the manufacturing sector, output in several key chemistry end-use markets increased, the ACC noted, including appliances, aerospace and structural panels.
Oil industry seeks repeal of US ethanol standard
A fight is brewing over a federal law requiring ethanol in gasoline, and the battle intensified Tuesday when the API said it will request that Congress repeal the statute. The law requires refiners to blend billions of gallons of ethanol into gasoline, with the goal of using 36 billion gallons by 2022.
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