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Refining News

Oil prices kept rising to their highest since late 2014 as U.S. crude inventories declined, moving closer to five-year averages, and after sources told Reuters that top exporter Saudi Arabia aims to push prices even higher. more

Refining/Petrochemical

CB&I announced it has achieved three significant project milestones at its Lotte Chemical (LACC) Ethane Cracker Project in Lake Charles, Louisiana. more

Refining/Petrochemical

AFPM President and CEO Chet Thompson testified before the U.S. House Energy and Commerce Subcommittee on the Environment involving the challenges and opportunities of high octane fuels and high-efficiency vehicles. more

Refining/Petrochemical

Fluor Corporation announced that it was selected by a division of Marathon Petroleum Corporation (MPC) to execute the engineering and procurement scope for MPC’s South Texas Asset Repositioning (STAR) program at its Galveston Bay refinery. more

Downstream

U.S. net petroleum trade, including crude oil, petroleum products, and natural gas plant liquids, has fallen in recent years, reaching 3.7 million barrels per day (b/d) in 2017. more

Refining/Petrochemical

Praxair, Inc. has begun supplying hydrogen to Marathon Petroleum Corporation’s refinery in Garyville, Louisiana. more

Refining/Petrochemical

U.S. shale oil production is expected to increase in May for the fourth consecutive month, U.S. Energy Information Administration data showed on Monday, boosted by record production in the prolific Permian Basin of West Texas and New Mexico. more

Refining/Petrochemical

Joint refinery-petrochemical complex investment a significant milestone for India and Saudi Aramco more

Downstream

Meridian Energy Group, Inc. announced that it has signed a letter of intent (“LOI”) with a specialty engineering, procurement, and construction (“EPC”) solutions provider. more

Engineering, Procurement & Construction

BP published a new report setting out its commitment to a low carbon future and to helping meet the dual challenge of providing the increasing energy the world demands while at the same time working to reduce greenhouse gas emissions. more

Refining/Petrochemical

Global energy giants Chevron Corp. and Exxon Mobil have asked U.S. regulators for exemptions to the nation’s biofuels policy that have historically been reserved for small companies in financial distress, according to sources familiar with the matter more

Refining/Petrochemical

Royal Dutch Shell plc published a report outlining how its strategy should enable it to thrive as the world transitions to lower-carbon energy. The report describes its understanding of the transition and what it mean to the company more

Renewables

Praxair, Inc. commenced supply operations of hydrogen and nitrogen to Yara Freeport LLC. more

Chemical Processing

Analysis of the global planned polyethylene capacity shows that the US has the highest planned polyethylene capacity additions globally with 9.4 million tonnes per year (mtpa) during 2018 to 2022. more

Refining/Petrochemical

The skyline of Freeport, Texas has a new look as Fluor iron workers, riggers and operators recently completed the installation of two major structures at Dow’s new polymers manufacturing unit. more

Refining/Petrochemical

Oil hit its highest in more than three years on Wednesday after U.S. President Donald Trump threatened to fire missiles at Syria in response to a suspected chemical attack last week. more

Refining/Petrochemical

Thermo-1200™ water resistant calcium silicate pipe and block insulation is the first of its kind from Johns Manville Industrial Insulation Group, and naturally, people are curious about it. more

Refining/Petrochemical

Executives at the major chemical companies with plants along the Texas Gulf Coast shared the lessons learned during Hurricane Harvey, explaining how they prepared for the storm and what they will do for the next one. more

Health, Safety & Environmental

Saudi Aramco

Reuters

Saudi Aramco took the first steps to integrating a petrochemicals business into the United States’ biggest oil refinery, which is operated by its subsidiary Motiva Enterprises. more

Refining/Petrochemical

EIA's Annual Energy Outlook 2018 (AEO2018) includes projections of U.S. energy markets through 2050 based on a reference case and a number of sensitivity cases. more

Refining/Petrochemical

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