Americas
US chemicals outlook bolstered by expansion of shale gas market – PwC
Further downstream, specialty chemical entities are starting to feel the effects of natural gas and NGL prices on their business models. As the commercial distribution of ethane and ethane-based raw materials increases, it could trigger new innovations and investment in new technologies.
TransCanada shuts Keystone oil line to inspect pipe
The anomaly, found in a section of the pipeline in Missouri, wasn't a leak, a TransCanada spokesman said. The stoppage was taken as a preventative measure and wouldn't affect the oil shipments to customers "for now," and TransCanada was working with shippers to mitigate any interruptions.
New oil slick in Gulf of Mexico traced to abandoned BP containment dome
Remote-controlled submarines that were sent down to search for the source of the light slick earlier this week found a small amount of oil leaking from the dome, a four-story tall steel box which in May 2010 was lowered onto the oil leaking from BP's well some 5,000 feet below the ocean surface.
Praxair starts up Peru gas plant to supply refinery
The new plant utilizes the latest energy efficient technology and has a production capacity of approximately 300 tpd of oxygen, nitrogen and argon. The unit will generate gaseous oxygen for the refinery and liquefied industrial gases to meet growing demand in the region.
PPG to acquire US industrial coatings firm Spraylat
Privately-owned Spraylat holds a strong position in industrial markets such as automotive parts, architectural powder coatings, transportation, and general industrial niches, including mirror, electronic device, metal office furniture and storage, and sign coatings, according to PPG officials.
Murphy Oil to spin off US downstream business
Murphy Oil on Tuesday said it expects to complete the spinoff of Murphy USA in 2013. Murphy USA’s business will consist of retail marketing of petroleum products, a chain of retail gasoline stations, seven product distribution terminals and two ethanol production facilities in North Dakota and Texas.
Clariant to expand production of dehydrogenation catalysts at Kentucky plant
The expanded production is planned to start up in September 2013. The catalysts are used in the petrochemical sector to produce C3- and C4-olefins from light paraffins (including butadiene) using the CATOFIN and CATADIENE technologies, exclusively licensed through CB&I.
BP liability talks complicated by new Gulf oil slick
Federal officials said late this week that the oil slick, about 50 miles off the Louisiana coast near where the Deepwater Horizon drilling rig exploded, matches crude that gushed from the well, which was being drilled by BP. The source of the thin slick, known as a sheen, isn't clear.
Citgo reports fire at Corpus Christi refinery in Texas
The fire started earlier this week but resulted in no injuries, a Citgo official said. An investigation into the cause of the fire is ongoing, the official said. The Corpus refinery has a capacity of 163,000 bpd.
Air Products starts up Chilean liquid gases plant
The new facility, which includes a cylinder filling system, will serve local industry, including the burgeoning aquaculture market. The location in Puerto Varas, which is more than 1,000 miles south of Santiago, makes it the world's southern-most industrial gas plant serving the merchant market.
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- First-ever ammonia and propane co-loaded vessel completes voyage from U.S. to Europe 1/17
- China's vast refining sector faces shakeout as fuel demand peaks 1/17
- Oman Oil Marketing Co. and TFG Marine establish bunker fuel supply JV 1/17
- Beware Egypt's smokestack onshoring as cement exports surge 1/17
- Petrobras reports record high refinery output in 2024 1/17
