Has Green Hydrogen Sprung a Leak?
The green hydrogen express is gathering pace, but it may have a worrying problem with leaks.As governments and energy companies line up big bets on the much-touted fuel of the future, some scientists say the lack of data on leaks and the potential harm they could cause is a blind spot…
Shell to Shut Its Convent, La. Refinery Amid Pandemic
Royal Dutch Shell said on Thursday it will shut down its refinery in Convent, Louisiana, the largest U.S. facility to close since the coronavirus pandemic first hit and devastated economic demand worldwide.The shutdown, to occur this month, comes after Shell failed to find a buyer.The…
Kinder Morgan Invest $170Mln in Houston Ship Channel
Houston pipeline operator Kinder Morgan (KMI) plans to invest $170 million in various expansion projects along the Houston Ship Channel.The investment will increase efficiency, add product liquidity, and enhance blending capabilities at its Pasadena and Galena Park terminals, part of…
Ineos to Buy ConocoPhillips North Sea Assets
Britain's richest man Jim Ratcliffe's oil and gas company Ineos Group Holdings is in exclusive talks with ConocoPhillips to buy North Sea oil and gas fields worth $3 billion from the U.S. energy company.Various news paper reports say that British petrochemicals company has confirmed it is negotiating to buy several North Sea oil fields from U.S.
Oil Majors Spending 'Sweet Spot' to Last to 2020
Big Oil is today in a spending sweet spot as years of cost cuts and rising oil prices converge but investments will need to rise after 2020 to boost output, BlackRock, the world's largest asset manager, said on Tuesday.Oil and gas giants such as Royal Dutch Shell, Chevron and BP are generating…
Total, Aramco Sign Deal to Start Jubail Petrochem Engineering Works
French energy group Total and Saudi Aramco signed an agreement on Monday to start engineering studies for the $5 billion construction of a petrochemical complex at the Jubail Satorp refinery on the eastern coast of Saudi Arabia.Start-up of the complex, which will include a mixed-feed cracker with capacity of 1.5 million tons per year of ethylene and rel
Total, Aramco Ink Deal for Jubail Petrochemical Complex
French oil and gas major Total on Tuesday signed a $5 billion deal with Saudi Aramco to build a giant petrochemical complex at their 440,000 barrels-per-day Jubail Satorp refinery. Saudi Aramco holds a 62.5 percent stake in the refinery, while Total holds the other 37.5 percent. The memorandum…
USCG, EPA Cleaning up a Dozen Texas Chemical Spills after Harvey
The U.S. Coast Guard and the Environmental Protection Agency are working with Texas state regulators to clean up oil and chemicals spilled from a dozen industrial facilities after flooding from Hurricane Harvey, authorities said. The spills came from oil refineries, fuel terminals and other businesses…
Harvey Throws a Wrench into US Energy Engine
A hurricane in the heart of the U.S. energy industry is expected to upend years of U.S. excess oil capacity and low prices, with the impact expected to reverberate globally and affect energy markets for weeks. Harvey hit the Texas shore as a fierce Category 4 hurricane, causing massive flooding that knocked out 11.2 percent of U.S.
South Korean Yards Eyed for $3.8 Bln LNG Shipbuilding Deal
A little-known investment company said it intends to order up to 20 liquefied natural gas (LNG) carriers, probably from South Korean shipbuilders. The contracts would be worth as much as $3.8 billion, two people with direct knowledge of the matter told Reuters. CBI Energy and Chemical…
Exxon, GT Devise Chemical Carbon Emissions Reduction Method
Exxon Mobil and Georgia Tech researchers published findings of a breakthrough in the journal Science on Thursday, saying they had devised a way to slash carbon emissions from chemicals manufacturing by using reverse osmosis instead of heat to separate molecules. Reverse osmosis, which…
MHI Bags Okochi Memorial Technology Prize
A technology developed by Mitsubishi Heavy Industries, Ltd. (MHI) to capture carbon dioxide (CO2) from flue gases (so called "KM CDR Process") has received the Okochi Memorial Technology Prize at the 62nd annual Okochi Memorial Awards from the Okochi Memorial Foundation. The process's…
ABB Commissions New Switchgear Unit in Indonesia
ABB today inaugurated a new manufacturing facility for medium-voltage air-insulated switchgear (AIS), located in Tangerang, 25 kilometers from Indonesia’s capital Jakarta. The move is part of ABB’s $20-million investment plan for Indonesia which includes last year’s opening of a new factory for low-voltage products in Cibitung, West Java.
ExxonMobil Sells Share of Chalmette Refining
ExxonMobil has reached an agreement with PBF Energy Inc. for the sale and purchase of its 50 percent interest in Chalmette Refining, LLC in Chalmette, Louisiana. PBF Energy will purchase 100 percent of Chalmette Refining, LLC, which is a joint venture between affiliates of Petróleos de Venezuela, S.A. (PDVSA) and ExxonMobil.
US Industrial Natural Gas Usage Falls Unexpectedly
U.S. manufacturers have not soaked up as much excess shale gas in the first half of 2015 as expected, but the shortfall may be an anomaly as a Gulf Coast manufacturing boom is poised to insulate the sector from seasonal demand fluctuations. Average industrial demand for gas in 2015 was expected to increase nearly 4 percent over 2014…
Pipeline Specialist Target Americas for Growth
Pipeline engineering specialist, STATS Group, has invested $2 million in new facilities in Houston to expand its services in the U.S. and South American oil and gas markets. The UK-based group, which designs, manufactures and installs a range of hi-tech pipeline isolation and intervention tools…
U.S. Chemical Safety Board Chief Resigns
The head of the U.S. Chemical Safety Board has resigned weeks after lawmakers with oversight of his agency accused him of hostility toward his staff, a White House official said on Thursday. Rafael Moure-Eraso stepped down from his role as chairman of the CSB, an independent federal agency responsible for investigating industrial and chemical accidents.
Union Chief: U.S. Refinery Strike Could Spread
The largest U.S. refinery strike in 35 years could spread if talks over improved safety conditions do not resume soon, United Steelworkers union (USW) International President Leo Gerard said on Tuesday. A total of 6,550 USW members are on strike at 15 plants, including 12 refineries accounting for one-fifth of U.S. capacity.
Union Chief: US Refinery Strike Could Spread
The largest U.S. refinery strike in 35 years could spread if talks over improved safety conditions do not resume soon, United Steelworkers union (USW) International President Leo Gerard said on Tuesday. A total of 6,550 USW members are on strike at 15 plants, including 12 refineries accounting for one-fifth of U.S. capacity.
U.S. Refinery Strike Widens, includes Largest Plant
The U.S. refinery strike widened as workers at the nation's largest refinery walked off their jobs at 12 a.m. CST (0600 GMT) on Saturday, according to the United Steelworkers union (USW). Shortly after talks between union and oil company representatives ended on Friday night, the union…
