Crude oil
Technip wins design deal for Qatargas refinery expansion
Technip has won the design contract for a capacity-doubling expansion of Qatargas’ Laffan condensate refinery, officials said on Friday. France-based Technip will design facilities to raise output to 292,000 bpd, up from 146,000 bpd. The value of the front-end engineering and design deal was not disclosed.
INEOS venture receives $75mn in US financing for Florida bio-refinery project
INEOS Bio announced that its joint-venture project, INEOS New Planet BioEnergy (INPB), has finalized $75 million in private financing utilizing the US Department of Agriculture (USDA) loan guarantee program for its new Indian River BioEnergy Center located in Florida.
Valero restarting Memphis refinery after recent fire
US refiner Valero is restarting units at its Memphis refinery in Tennessee, which was shut down on Aug. 5 due to a fire in a crude distillation unit. The restart will begin with one of the crude distillation units, FCC, and other key units, the company said.
Fluor wins deal from Chevron to expand oil pipeline in Kazakhstan, Russia
Fluor has been awarded a contract by Chevron Neftegaz - one of three project managers engaged by the Caspian Pipeline Consortium - for its recently-announced expansion project. Fluor will provide project services for the marine terminal and supervisory control and data system (SCADA) portions of the Caspian expansion project.
ExxonMobil to sell downstream units in Malaysia
ExxonMobil affiliates have agreed to sell their interest in three businesses operating in the Malaysian downstream petroleum sector to San Miguel Corp. (SMC). The agreement includes ExxonMobil’s 65% stake in the publicly traded company Esso Malaysia Berhad (EMB), which operates the Port Dickson refinery, as well as its wholly-owned ExxonMobil Malaysia Sdn Bhd (EMMSB) and ExxonMobil Borneo Sdn Bhd (EMBSB) affiliates, which are involved in the retail, industrial and wholesale and aviation fuels businesses.
US invests $510m on military, commercial biofuels
President Barack Obama announced that the US Departments of Agriculture, Energy and Navy will invest up to $510 million during the next three years in partnership with the private sector to produce advanced drop-in aviation and marine biofuels to power military and commercial transportation.
Invensys to build integrated refinery information system for Saudi Aramco, Total project
Invensys Operations Management, a global provider of technology systems, software solutions and consulting services to the manufacturing and infrastructure operations industries, said it signed a multi-million dollar contract to implement an integrated refinery information system (IRIS) for Saudi Aramco Total Refining & Petrochemical Co. (SATORP).
Momentive starts up new production line at Texas oilfield technology complex
The oilfield technology group (OTG) of Momentive Specialty Chemicals started up a new manufacturing production line at its facility in Brady, Texas, to provide additional resin-coated proppants to fracturing service companies and operators in the oil and gas industry.
PGI Energy acquires Texas oil, gas field
PGI Energy, through its joint venture with Home Creek Energy as operator, has acquired an oil and gas field located in Haskell County, Texas, covering five leases with 11 production wells, 2 injection wells, pumper jacks, tanks, separators, tubing, rods and well equipment.
OriginOil receives new order from MBD Energy for algae-to-oil system
OriginOil, the developer of a technology to extract oil from algae, said it recently received an increased order for a large-scale algae extraction system from MBD Energy, a leading solutions provider in the field of industrial CO2 waste management.
- Malaysia plans to produce sustainable jet fuel in 2027 11/27
- ADNOC launches $80-B low-carbon energy and chemicals investment company 11/27
- Chevron sees California's fuel inventory law raising prices for customers 11/27
- Clariant’s MegaMax™ catalysts to power China’s first biomass-to-green methanol project 11/27
- easyJet, Renavia and WFS sign MoU for long-term supply of SAF 11/27
- Cyclyx to invest in second Cyclyx Circularity Center 11/27
