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President Chávez decreed three days of national mourning after explosion in Amuay
The president of the Bolivarian Republic of Venezuela, Hugo Chavez, declared three days of national mourning for the deceased Venezuelan explosion in the early hours of Saturday Amuay refinery.

Foster Wheeler Receives EPCm Award for El Palito Refinery Expansion in Venezuela
Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by PDVSA Petróleo S.A. for the engineering, procurement services and construction management (EPCm) for the El Palito Refinery Expansion Project in Venezuela. Foster Wheeler will execute the project in consortium with Toyo Engineering Corporation from Japan and Y & V Ingeniería y Construcción from Venezuela.

TNK-BP / PDVSA JV In Venezuela Reaches Oil Production Target Of 130,000 Barrels Per Day
TNK-BP announces that PetroMonagas, a joint venture between TNK-BP (16.7%) and Venezuelan state company PDVSA (83.3%), has increased its production of viscous oil by 11% since the start of the year to the target level of 130,000 barrels per day.

Wison wins Puerto la Cruz oil refinery in Venezuela
Wison Engineering Ltd. (“Wison Engineering”), China’s largest private sector chemical engineering, procurement and construction (EPC) service provider has been officially awarded an EPC contract today by PDVSA Petroleo, S.A. (PDVSA), Venezuela’s state-run oil company, at the Puerto la Cruz oil refinery.

Advance negotiations to build Nanhai refinery
Was successfully held on 3rd. Steering Committee for the construction of the Nanhai refinery in China, where the Vice President of Refining Marketing and Supply of PDVSA, Asdrubal Chavez, and technical staff of Petrochina, continued the discussion of bargaining agreements that will build the refinery Nanhai and refurbish and complement the economic relations between China and Venezuela.

"China has become for us an important source of funding that is paid for by our oil supply, but also an invaluable source of technology that we have incorporated in Venezuelan production sectors, such as the agricultural, industrial, pharmaceutical and infrastructure. With regard to telecommunications, we are working to launch the second satellite with the Chinese and the institute have already made space, "said Asdrubal Chavez.

The agreement includes the construction of three new refineries in China. Currently in the planning of these international oil infrastructure projects, is scheduled execution of a first major refining center in the city of Yang Jie. The Nanhai refinery will have a processing capacity of 400 thousand barrels per day (bpd) and is expected to begin operations in 2015. It will cost about 8 billion 300 million dollars.

The overall refining capacity of 800 thousand barrels: it starts with 400 thousand B / D refinery in Nanhai, 200 bpd refinery in Weihai, dated starting in 2016 and finally 200 MBD refinery in Shanghai, begin operations in 2019.

This business expansion megaproject Venezuelan refining reliable Venezuela opens doors to conquer the Asian market and guarantees a major oil installation at the international level, thanks to this unprecedented alliance promoted by the Bolivarian government.

Refining plant in Nanhai, PDVSA will have 40 percent ownership and 60 percent of PetroChina, in order to send Venezuelan crude from the Orinoco Oil Belt to China for refining and supply high quality products.

Vice President of Refining, Marketing and Supply of PDVSA, Asdrubal Chavez, also recalled that the energy relationship began between 2004 and 2005 when only 20 were sent to China MBD, at present, are supplied to China nearly 500 barrels of oil.

These agreements allow funding for energy development projects in Venezuela, through the Chinese-Venezuelan Fund. These funds join the economy about 32 billion dollars to more than 200 projects in different areas of the Venezuelan productive sectors.

Technip awarded a services contract for a new upgrader in Venezuela
Technip was awarded a lump sum contract for the basic, front-end engineering design and the first phase of project management consultancy services for the Petrocarabobo upgrader, to be built in the Faja del Orinoco region, Venezuela. The final Client is PETROCARABOBO S.A.

SNC-Lavalin announces it has signed a project management contract with Petroleos de Venezuela S.A. (PDVSA)
SNC-Lavalin (TSX: SNC) is pleased to announce it has signed a project management contract with Petroleos de Venezuela S.A. (PDVSA) for the Delta Caribe Oriental Project. The value of the contract is approximately $133 million CDN.

CSB Deploys to Investigate Release of Hydrofluoric Acid at CITGO Refinery in Corpus Christi, Texas
A seven-person investigation team from the U.S. Chemical Safety Board (CSB) is deploying to the site of an accident reportedly involving the release of hydrofluoric acid (HF) at the CITGO Corpus Christi, Texas alkylation unit.

The team will be headed by Donald Holmstrom, director of the CSB’s Western Regional Office in Denver, and is expected to arrive tonight and begin work Wednesday.

HOVENSA Announces Closure of St. Croix Refinery
HOVENSA L.L.C. announced today that it will commence shutdown of its refinery on St. Croix, U.S. Virgin Islands. Following the shutdown, the complex will operate as an oil storage terminal.

HOVENSA Announces Closure of St. Croix Refinery
HOVENSA L.L.C. announced today that it will commence shutdown of its refinery on St. Croix, U.S. Virgin Islands. Following the shutdown, the complex will operate as an oil storage terminal.