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TotalErg is born
TotalErg is operational from today. In fact, the merger between ERG Petroli and Total Italia (press release dated 28 January 2010) is now effective, following the closing of the joint venture transaction between shareholders ERG (51%) and TOTAL (49%).

date.png04 Oct 2010 06:32 | comments.png 0 Comments | tags.png erg investing italy refinery total [ More ]

Refining Profit Threatened by European Union Carbon Rebuff: Energy Markets
The European Union’s refusal to delay phasing out free carbon-emission allowances may drive up costs for refiners already struggling with a slide in crude-processing profits.

date.png01 Oct 2010 12:56 | comments.png 0 Comments | tags.png europe refinery [ More ]

Suncor Energy responds to spill at Montreal refinery port facilities
Suncor Energy is responding to a diesel spill that occurred last night at its Montreal refinery port facilities. Current estimates indicate that approximately 35 barrels of diesel leaked into the St. Lawrence River.

date.png01 Oct 2010 06:24 | comments.png 0 Comments | tags.png canada environment refinery spill suncor [ More ]

Technip awarded two hydrogen plant contracts in the United States
Technip has been awarded two lump sum contracts by Valero Refining Company and Diamond Shamrock Refining Company (both part of the Valero group) for two hydrogen plants at their refineries in Memphis, Tennessee and McKee, Texas.

date.png01 Oct 2010 05:56 | comments.png 0 Comments | tags.png refinery technip usa valero [ More ]

Murphy Oil USA to Pay $1.25 Million Penalty to Resolve Clean Air Act Violations
The U.S. Environmental Protection Agency (EPA), and the U.S. Justice Department announced that Murphy Oil USA has agreed to pay a $1.25 million civil penalty to resolve violations of the Clean Air Act at its petroleum refineries in Meraux, La. and Superior, Wis. As part of the settlement, the company will spend more than $142 million to install new and upgraded pollution reduction equipment at the refineries and also spend an additional $1.5 million on a supplemental environmental project.

date.png29 Sep 2010 07:57 | comments.png 0 Comments | tags.png epa murphy pollution refinery usa [ More ]

Fluor Awarded Shell's Project Hijau Gasoil Phase-1 in Malaysia
Fluor Corporation (NYSE:FLR) announced today that it was awarded the Project Hijau Gasoil Phase-1 by Shell Refining Company FOM Malaysia. The project comprises a new 6,000 tonnes-per-day diesel processing unit located in Port Dickson, Malaysia. Fluor will perform engineering, procurement and construction management (EPCM) services as a follow-on scope of work to its previous front-end engineering and design (FEED) work. Fluor will recognize the undisclosed award value in the third quarter of 2010.

date.png29 Sep 2010 05:40 | comments.png 0 Comments | tags.png fluor malaysia refinery shell [ More ]

A 10Mt/a Refining Plant Inaugurated at Guangxi Petrochemical
The inauguration ceremony of a 10Mt/a refining plant at PetroChina Guangxi Petrochemical was held in the Qinzhou city of Guangxi Zhuang Autonomous Region, on September 8, 2010.

date.png28 Sep 2010 12:29 | comments.png 0 Comments | tags.png asia china cnpc guangxi petrochina refinery [ More ]

Foundation laid of the China-Russia joint venture refinery in Tianjin
On September 21, the foundation-laying ceremony of the China-Russia joint venture 13Mt/a refinery was held at Tianjin's Binhai New Area. The State Council vice Premier Wang Qishan and Russia vice Premier Igor Sechin delivered speeches at the ceremony respectively and laid the foundation for the project.

date.png28 Sep 2010 11:34 | comments.png 0 Comments | tags.png china cnpc petrochina refinery rosneft tianjin [ More ]

Petroplus to Sell its Investment in PBF
Petroplus Holdings AG (SIX: PPHN) today announced that it has reached an agreement in principle with the Blackstone Group and First Reserve, its partners in PBF Energy Company LLC, for the sale of Petroplus’ 32.62% share of the company.

date.png28 Sep 2010 09:22 | comments.png 0 Comments | tags.png downstream investment pbf petroplus refinery [ More ]
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