Crude oil
Statoil sells stake in Norway pipeline JV Gassled
Norway’s oil company Statoil ASA will sell the majority of its stake in gas transportation firm Gassled for 17.35 billion Norwegian kroner ($3.2 billion).
Oil, gas production rates climb for Texas field amid new discoveries
Universal Bioenergy said Friday that joint venture partner Progas Energy Services continues to drill in the Premont Northwest oil and gas field in Jim Wells County, Texas, where it recently discovered more oil and gas and increased well production rates in several new zones.
India refiner touts Honeywell wireless technology in FCC expansion
Hindustan Petroleum (HPCL) has implemented wireless mobile stations from Honeywell Process Solutions as part of its $200mn fluid catalytic cracking (FCC) project at its Mumbai refinery, officials said on Thursday.
Navy climbers arrest environmentalists as drilling set to begin at Arctic oil rig
An occupation team from environmental activist group Greenpeace that scaled an Arctic oil rig to prevent deepwater drilling was arrested by climbers believed to be from the Danish navy.
Buckeye purchases US terminal, pipeline assets from BP for $165mn
Buckeye Partners said it completed the purchase of 33 refined products terminals and 650 miles of pipeline from BP for $165mn.
Rethink planning and scheduling’s role in refinery optimization
New tools improve prediction of unit feed qualities and yields
HP Construction: North America
KBR has been awarded a $65 million contract by Chevron Products Co. to execute a base-oil expansion project at Chevron’s refinery in Pascagoula, Mississippi. The construction project includes bui..
HP Construction: Middle East
GS Engineering & Construction Corp. has signed a $556 million deal to build a gas storage facility in Kuwait. Under the deal with the state-run Kuwait National Petroleum Co., GS Engineering will compl..
Marathon Oil to buy $3.5 billion in Eagle Ford shale
Marathon Oil reached an agreement with Hilcorp Resources to purchase assets in the core of the Eagle Ford shale formation in Texas for $3.5 billion, subject to closing adjustments, customary terms and conditions.
LyondellBasell will seek sale of France refinery, turns site focus to petrochemicals
LyondellBasell is attempting to sell its 105,000 bpd refinery at Berre, France, as part of a plan to focus on petrochemical assets at that location.
- 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
