Crude oil
API economist touts low US energy costs, calls for reduced regulations
API chief economist John Felmy told reporters during a Friday press conference that while US energy costs are down, more can be done from the nation, policy-wise, to help its domestic consumers.
Petrofac picks CB&I to build oil storage tanks for grassroots Saudi refinery
The project scope for the $70 million contract includes the engineering, procurement and construction of crude oil storage tanks at a grassroots refinery being constructed in Saudi Arabia.
Calumet expands crude logistics network to supply South Texas refinery
As a result of this agreement, Calumet expects to significantly reduce its costs to transport crude oil to the San Antonio refinery, where it currently receives crude oil deliveries by truck. Over time, Calumet expects to increase the volume of crude oil shipped on the KNPS above 10,000 bpd.
HP Industry Perspectives: Is it too early to be optimistic for 2014?
The increased availability of natural gas supplies are redefining energy conditions. New natural gas reserves are shifting the order for producing nations. Shale gas reserves, once difficult to extrac..
HP Brief
LNG terminal to be built in Uruguay GDF Suez has signed a 15-year contract with Gas Sayago for LNG storage and regasification services in Uruguay. Commercial operation of the new terminal is expected ..
US oil, gas M&A activity led by foreign buyers, private equity groups
Foreign buyers announced nine deals in the third quarter of 2013, which contributed $2.8 billion or 17% of total deal value, vs. four deals valued at $4 billion during the same period last year. On a sequential basis from the second quarter, the number of total deals increased 800% from just one foreign deal.
WGL ’13: Keynote speaker pushes women in energy to innovate
Innovation is key to keeping the energy sector at the forefront of US economic growth, and more of this innovation must come from women, says Amity Shlaes, a project director at the George W. Bush Institute.
Foster Wheeler wins FEED work for Saudi Aramco light crude expansion
The objective of the program is to increase production capacity at the Khurais central processing facilities by 300,000 bpd from its current capacity of 1,200,000 bpd, as well as to enhance production from the Mazalij and Abu Jifan fields by installation of a satellite Gas Oil Separation Plant (GOSP).
Kinder Morgan to extend Eagle Ford Shale pipeline
Kinder Morgan will invest $74 million to build an 18-mile, 24-inch diameter lateral pipeline northwest from its DeWitt station to a new facility in Gonzales County, where KMP will build 300,000 bbl of storage, a pipeline pump station and offloading facilities. The lateral will have a capacity of 300,000 bpd.
Use APC in energy systems―Total’s Leuna refinery case study
Advanced Process Control (APC) has been used extensively to assist in operating refinery and petrochemical processes safely and profitably. However, with the constantly increasing fuel and environment..
- Dow, Ambipar partner to promote plastics recycling in South America 11/26
- Hygenco selects Topsoe as technology provider for green ammonia production 11/26
- IAG announces new E-SAF deal with Infinium, remains on track to deliver 2030 target 11/26
- Aviation sector officials warn of Trump effect on green jet fuels 11/26
- Russia's oil and gas revenue down by a third in November m/m 11/26
- Contentious COP29 deal shows climate cooperation fraying at edges 11/26
