Industry News

ExxonMobil starts new unit to increase ultra-low sulfur fuels production

ExxonMobil said that a new unit at its integrated Beaumont, Texas facility has started operations, increasing production of ultra-low sulfur fuels by about 45,000 barrels per day.

Hydrocarbon Processing’s IRPC Americas showcases advances in the HPI

Hydrocarbon Processing hosted its International Refining and Petrochemical Conference (IRPC) in Houston, Texas. IRPC Americas brought together more than 180 attendees from around the world to learn about the latest technologies that are advancing the hydrocarbon processing industry.

China's Sinopec adds LNG tank at Tianjin terminal

China’s Sinopec Corp completed adding a third tank to store liquefied natural gas at its receiving terminal in Tianjin, marking the completion of construction of the first phase of the import facility, the state oil and gas group said.

Dominion shuts Maryland Cove Point LNG export facility for maintenance

Dominion Energy Inc said on Monday it started a scheduled three-week maintenance outage at the Cove Point liquefied natural gas (LNG) export terminal in Maryland.

Keystone XL Pipeline Route Would Not Harm Environment: State Dept.

The U.S. State Department concluded that a revised route for the Keystone XL crude pipeline would not harm water or wildlife, clearing a hurdle for a project that has been pending for a decade.

Hard Rock Directional Completes 8,414 Intersect Drill Under CIty

Hard Rock Directional Drilling completed an 8,414-foot HDD installation of 30-inch diameter steel pipe under Midland, Texas.

Oil traders predict return of $100-crude amid Iran sanctions

Major oil trading houses are predicting the return of $100-crude for the first time since 2014 as OPEC and its allies struggle to compensate for U.S. sanctions on Iran’s exports.

Total reports major gas find offshore UK

Total announces a major gas discovery on the Glendronach prospect, situated offshore UK, West of Shetland.

Petrel views Crimean gas-export opportunity

Gazprom has received a plan to develop energy projects in the disputed region of Crimea

Woodside to supply LNG to Germany's Uniper for four years from 2019

Woodside Energy Trading Singapore said it signed a heads of agreement (HOA) with Germany's Uniper Global Commodities for the supply of up to 0.6 million tonnes of liquefied natural gas (LNG) per annum.

Buoyant gas industry may be blindsided by renewables

The global gas industry, boosted by a host of new projects to feed booming demand, is in better shape than at any point in the last five years but analysts warn it is getting ahead of itself, pointing to the rise of renewable energy as a threat.

Eni signs Memorandum of Understanding with Pertamina

Eni and PT PERTAMINA (Persero) signed in Porto Marghera, at Eni Green Refinery, a Memorandum of Understanding further expanding the relationship into green refinery.

EPA details broad expansion of biofuel waiver program

The U.S. Environmental Protection Agency (EPA) published new data detailing how it drastically expanded a biofuels waiver program for oil refiners since President Donald Trump's administration took office, responding to pressure from the corn lobby to boost transparency over the opaque program.

Indian oil refiner part-owned by Iranian company cancels Iran oil imports

India's Chennai Petroleum will stop processing Iranian crude oil from October to keep its insurance coverage once new sanctions by the United States against Iran go into effect, three sources familiar with the issue said.

U.S. Manufacturer Praises new Tariffs on Pipeline Fittings, Flanges

A Trump Administration decision to add tariffs on Chinese-made pipe fittings and flanges has drawn strong support from a major U.S. manufacturer and supplier to the pipeline industry.

Northwest Pipe Acquires Ameron Water Transmission

Northwest Pipe Company has expanded its footprint in a key market through the acquisition of Ameron Water Transmission Group, a major supplier of engineered welded steel pressure pipe and reinforced concrete pipe.