Crude oil
HP Innovations: HPInnovations
Fischer-Tropsch process commercialization acceleratesThe high throughput experimentation (hte) company has extended its collaboration with BP International Ltd. in the field of Fischer-Tropsch (FT) sy..
Momentive opens new US oilfield technology plant
The oilfield technology group (OTG) of Momentive Specialty Chemicals has started up a new manufacturing plant in Batesville, Ark., to provide additional resin coated proppants to fracturing service companies and operators in the oil and gas industry.
Gulf oil, natgas production returns to normal after Tropical Storm Don
As of midday Monday, evacuations are over for platforms and rigs in the Gulf of Mexico, with nearly all shut-in oil and natural gas facilities having resumed operations, according to the US Bureau of Ocean Energy Management, Regulation, and Enforcement (BOEMRE).
PGI Energy JV chosen as subcontractor for Motiva refinery expansion in Texas
PGI Energy has formed a joint venture with SETX Instrumentation & Electrical as a subcontractor under general contractor Bechtel-Jacobs and refiner Motiva for the construction of the 660,000 bpd refinery in Port Arthur, Texas. The expansion work will make the Port Arthur refinery the largest in the US.
Tropical Storm Don shuts in 12% of Gulf oil output
Nearly 12% of offshore Gulf of Mexico oil production has been shut in as Tropical Storm Don churns toward the Texas coast, with an expected landfall late Friday near Corpus Christi. In total, 166,554 bpd in oil production has been shut in, or 11.9% of overall Gulf output, according to the US Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE).
Gulf oil, natural gas platforms shut in production as Tropical Storm Don targets Texas
Several oil and natural gas producers in the Gulf of Mexico began shutting in production and evacuating platforms on Thursday as Tropical Storm Don moves toward the lower Texas coast. Overall, the Gulf of Mexico accounts for 29% of US oil production and 13% of natural gas, according to the US Energy Information Administration (EIA).
US groups API, NPRA praise House passage of bill seeking Keystone XL Pipeline decision
The American Petroleum Institute (API) and National Petrochemical & Refiners Association (NPRA) each issued statements of support after the US House of Representatives passed the North American-Made Energy Act, which seeks to speed up the permitting process for the proposed Keystone XL Pipeline.
PGI Energy inks deal to trade Saudi Aramco crude
PGI Energy has entered into a one-year allocation agreement with its limited joint venture partner Intertorco Europe S.A. as the exclusive trading desk for 6 million bbl/month of Saudi light crude oil from Saudi Aramco.
Hess signs three-year contracts to explore Iraq
Energy giant Hess has signed production sharing contracts (PSCs) with the Kurdistan Regional Government of Iraq for the country’s Dinarta and Shakrok exploration blocks.
Calumet to buy Wisconsin refinery from Murphy Oil for around $475mn
Murphy Oil has agreed to sell its 34,300 bpd refinery in Superior, Wisconsin, for $214 million plus the value of hydrocarbon inventory to refiner Calumet Specialty Products. The hydrocarbon inventory will be valued based on market prices at closing, the company said. The inventory was valued at approximately $260 million as of June 30.
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