Industry News

Lithuania, Germany agree must respect Ukraine in Nord Stream 2 construction

Lithuanian President Gitanas Nauseda said he had agreed in talks with German Chancellor Angela Merkel that Ukraine’s interests should be respected in the construction of the Nord Stream 2 gas pipeline.

Petrobras expects high growth in natural gas business

Brazil’s natural gas sector will rapidly expand in the coming years, especially between 2023 and 2025, as new players will enter this market, Petrobras downstream head Anelise Lara said.

Refinery FCCU output cut because of chemical plant upset

Production on the gasoline-producing fluidic catalytic cracking unit (FCCU) was cut back about 15% at Lyondell Basell Industries’ 263,776-barrel-per-day (bpd) Houston refinery, sources familiar with plant operations said.

More big energy projects promised at Pennsylvania plant

President Donald Trump told workers at a $6 billion petrochemicals plant being built in western Pennsylvania that more big U.S. energy projects were coming as his administration rolls back environmental regulations.

Cheniere to become the second-largest LNG operator by 2020

According to Judy Clark, Director, Project Engineering, Cheniere, the LNG operator will become the second-largest LNG operator by capacity by 2020.

India's crude oil imports are lackluster, joining coal, LNG

India’s imports of crude oil have stalled in recent months, but the malaise in the country’s energy sector is deeper, with both coal and liquefied natural gas (LNG) also soft.

Novatek aims to sell LNG from Arctic LNG-2 to India

Russia’s Novatek is interested in supplying liquefied natural gas (LNG) from its Arctic LNG-2 project to Indian companies, Russian Deputy Energy Minister Anton Inyutsyn was quoted as saying by the ministry’s website.

Australia is on track to become world’s largest LNG exporter

Australia is on track to surpass Qatar as the world’s largest liquefied natural gas (LNG) exporter, according to Australia’s Department of Industry, Innovation, and Science (DIIS).

Saudi Aramco aims to buy Reliance stake

Saudi Aramco is planning a blockbuster investment in Reliance Industries, the Indian conglomerate said as the Saudi energy giant diversifies its business, where weaker oil prices cut its first-half profit by 12%.

Refinery CDUs back to normal operations

Motiva Enterprises returned two crude distillation units (CDUs) back to normal operations at its 607,000 barrel per day (bpd) Port Arthur, Texas, refinery, the nation’s largest.

Shell's Norco, Louisiana chem plant, refinery finishing overhauls

Royal Dutch Shell Plc is restarting the Gas Olefins Unit 1 (GO 1) at its Norco, Louisiana, chemical plant, sources familiar with plant operations said.

Regulator approves oil refinery construction, with environmental conditions

The environmental regulator for Mexico’s oil industry said it had approved the construction of a refinery for state oil company Pemex, but imposed conditions to mitigate the environmental impact of the $8 billion project.

India's Chennai Rapid Growth Threatened by Water Shortages

In Chennai, a coastal city of about 10 million and the capital of Tamil Nadu state, rapid development and rampant construction have overtaxed a once-abundant natural water supply, forcing the government to spend huge sums to desalinate sea water, bring water by train from hundreds of miles away and deploy an army of water trucks to people whose household taps have suddenly run dry.

Trafigura Begins Shipping Permian Crude via Plains' Cactus II

US EPA grants 31 small refinery waivers from biofuel laws, angering corn lobby

The U.S. Environmental Protection Agency (EPA) has granted 31 small refinery biofuel waivers for 2018, infuriating the ethanol and corn producers

Iraq says Eni, BP deal doesn't mean Exxon excluded from southern mega-project

Iraq’s oil ministry said it was still in talks with U.S. energy giant ExxonMobil over a major deal to improve the country’s southern oil infrastructure.