Crude oil
Holly Corp. shuts down crude unit at Tulsa refinery
Holly Corp. has shut down its West facility crude unit in Tulsa, Oklahoma, due to a mechanical failure that was discovered on Friday night.
New crude oil pipeline to be constructed from Oklahoma storage hub to Houston
Enterprise Products Partners and Energy Transfer Partners have agreed to form a 50/50 joint venture to design and construct a crude oil pipeline from Cushing, Oklahoma to Houston. The project would allow greater access to US Gulf-area refining complexes and add approximately 500,000 barrels of storage capacity at new facilities to be constructed and owned by the joint venture at Enterprise’s new Houston crude oil terminal.
CB&I awarded over $45mn to build storage tanks for Canadian oil sands project
CB&I has been awarded a project in excess of $45mn to build storage tanks at a Canadian oil sands project near Fort McMurray, Alberta.
McDermott wins Gulf of Mexico deepwater project work from Chevron
McDermott International, Inc. announced that one of its subsidiary companies was awarded fabrication and installation work from Chevron to support the development of the Jack and St. Malo fields in the Gulf of Mexico.
Survey shows majority of offshore workers proud of industry, would recommend to friend
Despite soaring oil costs, the one-year anniversary of the Deepwater Horizon rig explosion and political unrest in the headlines, a clear majority of offshore oil and gas workers say they are proud to work in the industry and would recommend it to a friend, according to a new survey conducted by engineering consulting firm NES Global.
BP commits up to $1 billion for restoration projects in Gulf spill areas
BP says it has signed an agreement with federal and state agencies that will accelerate work starting this year to restore areas of the Gulf of Mexico that were affected by the year-ago rig explosion of the Deepwater Horizon and ensuing oil spill.
Shell to close Australia refinery amid high competition, will convert site to fuel import terminal
Shell is proposing to convert its Clyde refinery and Gore Bay terminal in Sydney, Australia, into a fuel import terminal.
NuStar Energy buys South Texas refinery, terminal from AGE for $41 mn
NuStar Energy has closed on its purchase of certain refining and terminal assets of bankrupt firm AGE Refining for $41 mn excluding net working capital. The deal includes a refinery in San Antonio, Texas.
Chem safety board faces ‘significant challenges’ in US Deepwater Horizon investigation
The US Chemical Safety Board (CSB) continues to face “significant challenges” in its ongoing investigation into the Deepwater Horizon oil rig explosion, as companies and witnesses have sought to evade subpoenas for testimony and records and various investigation groups have not coordinated effectively, the agency said.
China’s Sinopec to cut fuel exports, lower chemical plant operating rates
Chinese refiner Sinopec will reduce fuel exports and lower chemical plant operating rates in order to increase domestic refined oil products supply, the company said on Tuesday.
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- easyJet, Renavia and WFS sign MoU for long-term supply of SAF 11/27
- Cyclyx to invest in second Cyclyx Circularity Center 11/27
