Crude oil
BP unveils new Gulf deepwater drilling standards
The exploration and production operations of BP (BPXP) are poised to implement a new set of deepwater oil and gas drilling standards for Gulf of Mexico operations, which they say are based on lessons learned from the Deepwater Horizon disaster in 2010.
Foster Wheeler, SOCAR form JV to build Azerbaijan oil, petchem complex
Foster Wheeler has agreed to form a jointly-owned company with the State Oil Co. of Azerbaijan Republic (SOCAR) in the Republic of Azerbaijan. SOCAR is a state-owned company engaged in the fields of oil and gas exploration, production, transportation and marketing. It intends to build an oil, gas processing and petrochemical complex in Garadag, Republic of Azerbaijan.
ConocoPhillips to spin off downstream business
ConocoPhillips’ board of directors has approved the separation of the company’s Refining & Marketing and Exploration & Production businesses into two stand-alone, publicly traded corporations via a tax-free spin of the refining and marketing business to shareholders.
Shell awards engineering contract to Wood Group for Canada oil, gas projects
IMV Projects, a Wood Group company, has been awarded a two-year frame agreement by Shell Canada to provide engineering, procurement and project management services to Shell's upstream oil & gas projects in Western Canada.
ExxonMobil Pipeline says cleanup work ongoing after Montana oil spill
ExxonMobil Pipeline Co. offered an operational update on Wednesday as Unified Command cleanup work continued following the July 1 release of oil into the Yellowstone River in Montana.
Meritage Midstream to build rich gas gathering system in Texas
Meritage Midstream Services will build a new rich gas gathering system in Webb County, Texas, including multiple downstream interconnects to allow access to markets such as the Eagle Ford shale.
API calls on Obama to restore Gulf offshore drilling, unveils study of potential job growth
Almost 190,000 new jobs could be created in 2013 if permitting in the Gulf of Mexico for offshore development returned to levels before the Obama administration’s moratorium, according to a study conducted by Quest Offshore Resources and released by the American Petroleum Institute (API).
NPRA asks US EPA to cut Renewable Fuel Standard
The National Petrochemical & Refiners Association (NPRA) is asking the US Environmental Protection Agency (EPA) to reduce mandated volumes of cellulosic and advanced biofuels in gasoline and the total Renewable Fuel Standard this year.
Jacobs wins EPC deal for new Canada oil refinery
Jacobs was awarded a contract by the North West Redwater Partnership to provide detailed engineering, procurement and construction services for the development of a new oil refinery in Alberta, Canada. Officials did not disclose the contract value.
EPA says no toxic chemicals found in Montana river after ExxonMobil oil spill
Following an oil spill from ExxonMobil Pipeline Co., water in Montana’s Yellowstone River is safe and shows no elevated levels for volatile organic compounds, according to the US Environmental Protection Agency (EPA).
- 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
