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Crude oil

NexLube to build used oil re-refinery in Florida with technology input from Axens, Viscolube

NexLube plans to begin construction of a used oil re-refinery and blending plant in Tampa, Florida, using Revivoil technology from Axens and Viscolube. The facility is expected to process 24 million gal/year of dehydrated used oil.

Engineering firm Bechtel buys delayed coking technology from ConocoPhillips

Global engineering firm Bechtel has purchased ConocoPhillips’ leading delayed coking technology, a move that uniquely positions Bechtel for growth in the refining industry, the companies said on Tuesday.

Natural gas company Chesapeake seeks to reduce US dependence on OPEC oil

In an effort to help break what it described as a 38-year stranglehold by OPEC on the US economy, Chesapeake Energy unveiled a plan that it says offers a scalable and affordable pathway toward a transportation future that runs on domestic supplies of natural gas and oil from deep shale and other unconventional formations.

Shipper commitment period extended for proposed Cushing-to-Houston crude pipeline

Enterprise Products and Energy Transfer today announced a three-week extension of the binding open commitment period for capacity on the proposed Double E crude oil pipeline from Cushing, Oklahoma to Houston.

API chief executive urges US to expedite offshore permitting programs

American Petroleum Institute (API) CEO Jack Gerard said on Friday that speeding up offshore permitting programs in US waters could allow President Barack Obama to reverse disappointing employment numbers while generating additional revenue to help with the debt crisis.

Martin Midstream to build Corpus Christi terminal, will take crude from Eagle Ford shale

Martin Midstream will build a new terminal at the Port of Corpus Christi, Texas to receive crude oil from the Eagle Ford shale via the recently announced Harvest Gardendale pipeline, company officials said.

Elliott Group to supply compressors for Petrobras refinery expansions in Brazil

Elliott Group has won contracts from Brazilian oil major Petrobras to supply compressors for expansion projects at the company's REGAP and REMAN refineries as well as the new northeast refinery RNEST. The projects will aid the Petrobras' efforts to increase domestic production of high-quality diesel fuel, officials said.

ExxonMobil updates Montana oil spill response

ExxonMobil Pipeline Co. issued the following statement as cleanup operations continued on Tuesday following an oil spill over the weekend into Montana’s Yellowstone River. The release originated from a 12-inch crude pipeline operated by the company that runs from Silver Tip to Billings in Montana.

PetroChina, INEOS finalize Europe refining JV

PetroChina and INEOS have completed a deal to form trading and refining joint ventures effective July 1. The joint ventures include trading and refining activities at the Grangemouth refinery in Scotland and the Lavéra refinery in France. The business employs approximately 1,000 people and has a turnover of $15bn.

PDVSA awards Foster Wheeler with design deal for new refinery in Venezuela

Foster Wheeler has been awarded a process design and front-end engineering design (FEED) services contract by PDVSA for the new Batalla Santa Ines refinery Phase I hydroskimming section to be built in Barinas, Venezuela.