- Market Focus
- IEA: 2013 Oil Demand to Hit 90.6 MMb/d; Refinery Output to Surge
- U.S. Gasoline Demand Likely to Fall 50% Because of Generational Changes - Study
- Price Alone Won’t Determine Future of LNG vs. Diesel in Transport - Consultant
- IEA: US$600 Billion/Year Needed to End Global Energy Poverty
- Africa Could Leapfrog Rest of World on ‘Green’ Energy - UNEP
- U.S. DOE Authorizes Second LNG-Export Facility on Gulf Coast
- Incitec Pivot to Build US$1.03-Billion Ammonia Plant in Louisiana
- Brazil’s Petrobras Suspends Comperj Refinery Construction
- ExxonMobil Chemical Launches New Singapore Production
- Grace, Al Dahra to Build First FCC-Catalyst Plant in Middle East
- Sunoco Logistics Acquires Marcus Hook Refinery
- Headwaters, Axens Ink ‘Alliance’ on Heavy-Oil Upgrading Technology
- Chiyoda: System Shows Hydrogen Can Be Supplied on a Commercial Basis
- RTI, Norcem to Add Solid-Sorbent CO2-Capture Technology at Norway Plant
- UOP Licenses ‘Oleflex’ Technology for U.S. Gulf Coast Propylene Plant
- BASF Licenses Genomatica’s Bio-BDO Technology
- Verenium Unveils New Protease Enzyme for Corn-Ethanol Production
- Compliance Issues
- Major Energy Companies Cite ‘Perilous Situation’ Facing EU
- IMO May Delay Tougher Diesel-Ship NOX Limits Until 2021
- CBO Weighs Potential Outcomes of a Carbon Tax on U.S. Economy
- ‘Green’ Taxes Could Help EU Stimulate Innovation, Cut Diesel Favoritism - EEA
- U.S. Interior Department Rolls Out Revised Fracking Regulations
- Project Updates
- Tesoro Completes Purchase of Carson Refinery, Southwest U.S. Retail Assets
- Total Unveils €1-Billion Antwerp Modernization Project; ULSD Output Boosted
- Technip Wins Iraq Refinery Project-Management Contract
- Chevron Phillips to Expand Ethylene Production at Sweeny Complex
- Genesis Energy Expanding Crude-by-Rail Projects in N. America
The U.S. Department of Energy (DOE) has authorized ConocoPhillips-led Freeport LNG Expansion LP and FLNG Liquefaction LLC to export liquefied natural gas (LNG) to countries that do not have a free-trade agreement (FTA) with the U.S.
Australia-based Incitec Pivot on April 17 announced a US$1.03-billion, 800,000 tonne-per-year ammonia plant project at Cornerstone Chemical’s Fortier manufacturing complex on the west bank of the Mississippi River in Jefferson Parish, La.
Petrobras announced May 14 that the construction project at its Comperj refinery in Rio de Janeiro was halted by a court order that negated state-issued environmental permits.
ExxonMobil’s Singapore chemical plant is now producing ethylene from the facility’s second world-scale steam cracker, the company announced May 30.
.R. Grace & Co. announced May 14 that it cut a joint-venture deal with Al Dahra Agriculture to build the first refinery fluid catalytic-cracking (FCC) catalyst manufacturing plant in the Middle East, near Abu Dhabi, United Arab Emirates.
Philadelphia-based pipeline and terminal company Sunoco Logistics has acquired the shuttered, 780-acre Marcus Hook refinery on the Delaware River, south of Philadelphia, for US$60 million, according to a May 11 report from online news service Philly.com.
Utah-based Headwaters announced May 15 that its HTI subsidiary signed an “alliance” deal with Axens on a combination of two technologies for heavy-oil upgrading to clean fuels.
Chiyoda Corp. announced May 31 that its Koyasu Office and Research Park demonstration plant has achieved expected performance goals via organic chemical-hydride (OCH) technology.
North Carolina-based RTI International and Norcem (a division of Germany-based HeidelbergCement) announced May 15 that they’re partnering on a pilot-scale demonstration of a solid-sorbent, carbon-dioxide (CO2) capture technology at Norcem’s cement plant in Brevik, Norway.
UOP LLC, a Honeywell company, announced May 16 that it has been selected to provide technology for the world’s largest on-purpose-propylene production facility on the U.S. Gulf Coast.
San Diego, Calif.-based bio-based chemical technology developer Genomatica and Germany-based specialty chemical maker BASF jointly announced May 10 that BASF plans to begin production of 1,4-butanediol (BDO) from sugar feedstock using a patented one-step fermentation process developed by Genomatica. The companies declined to disclose financial details of the agreement.
San Diego, Calif.-based biotech outfit Verenium Corp. announced May 28 that it will introduce a protease – trademarked “Deltazyme APS” – for use in corn-ethanol operations during the upcoming 2013 International Fuel Ethanol Workshop from June 10 to 13 in St. Louis, Mo.
Marine classification society ABS on April 30 unveiled a new marine-diesel exhaust-gas scrubbing systems advisory explaining regulatory and technical factors that would affect ship-owner decisions about whether to invest in stack scrubbing for compliance with upcoming International Maritime Organization Marpol Annex-6 limits.
Rising costs for land-based, liquefied-natural-gas (LNG) facilities are expected to push a greater number of companies toward more flexible, less expensive floating liquefaction plants as they bring natural gas supplies to market.
In its latest monthly Oil Market Report (issued May 14), the International Energy Agency (IEA) forecasts that global oil demand in 2013 will rise to 90.6 million barrels per day (MMb/d), a slight increase from last month’s forecast.
A new study by the U.S. Public Interest Research Group (PIRG) shows that the new “millennial” generation is turning-away from the car-mania of prior North American generations -- with the result that vehicle miles traveled (VMT) is plummeting and demand growth for new cars is declining.
San Antonio – Despite what seems to be a big current price advantage for liquefied natural gas (LNG) versus diesel in long-hauling trucking and locomotive markets in North America, fuel price alone won’t determine how much market-share LNG eventually takes from diesel.
A new report by the International Energy Agency (IEA) and the World Bank finds that ending global energy poverty would require at least US$600 billion in incremental investments each year from now until 2030.
The United Nations Environment Program (UNEP) on May 13 unveiled a study indicating that today’s relatively energy-poor Africa could leapfrog the rest of the world in adopting relatively “green” energy.
Eight EU energy firms including Eni, Enel, Gasterra, GDF Suez, Iberdrola, RWE, E.On and GasNatural Fenosa issued a joint statement to the European Council on May 21, citing an “urgent need to tackle the perilous situation facing the European energy sector.”
The International Maritime Organization (IMO) Marine Environment Protection Committee (MEPC) received a proposal on May 16 from Russia and other member nations to delay by five years – to Jan. 1, 2021 – the upcoming “Tier-3” limits on nitrogen oxides (NOX) from new engines and new ships, which otherwise would take effect January 1, 2016.
U.S. lawmakers could increase federal revenues and encourage carbon-dioxide (CO2) emission reductions by establishing a national carbon tax, according to a May 22 analysis from the Congressional Budget Office (CBO).
The European Environmental Agency (EEA) on May 14 unveiled a series of studies illustrating how “green” tax policies could cut pollution and boost investment in advanced-technology industries and eliminate tax policies in many European countries favoring diesel over gasoline.
The U.S. Department of the Interior (DOI) on May 16 released an updated draft proposal that would establish safety standards for hydraulic fracturing (fracking) on public and Indian lands as part of the Obama administration’s “all-of-the-above” energy strategy supporting safe and responsible domestic energy production.
Tesoro Corp. announced June 3 that it closed the acquisition of BP’s fully-integrated Southern California Refining and Marketing business, including the 266,000-barrel-per-day (b/d) high-conversion Carson refinery and more than 800 dealer-operated retail stations.
France-based oil major Total announced May 22 that it approved a €1-billion (US$1.29-billion) modernization project for its Antwerp, Belgium refining and petrochemical complex – including investments that will enable greater output of Euro-5 ultra-low sulfur diesel (ULSD).
Technip announced June 4 that it won a project management consultancy contract from Iraq’s state-owned SCOP for the engineering, procurement and construction (EPC) phase of the Karbala refinery project in Iraq.
Chevron Phillips Chemical Co. LP announced June 3 that it will add another furnace at its Sweeny petrochemical complex in Old Ocean, Texas, that will increase ethylene production by 200 million pounds annually.
Houston-based Genesis Energy announced May 21 that it will expand its existing crude-by-rail terminal in Natchez, Miss. – designed to handle “straight and/or minimally diluted bitumen” delivered by the Canadian National Railway – and construct a new unit-train loading facility (“Pronghorn”) in Wyoming’s Powder River Basin adjacent to the Niobrara shale-oil play.