Tesoro Offers To Sell Hawaii Refinery; Likely To Result In Shutdown
(Wednesday, January 25, 2012) Tesoro has offered to sell its ailing 94,000b/d Hawaii refinery 'no sooner' than H212, but is unlikely to find a buyer due to difficult market conditions and the location of the plant.

Technip Wins Bulgaria Refinery Contract
(Wednesday, January 25, 2012) A Lukoil subsidiary has awarded Technip a lump sum turnkey EPC contract for Phase 1 of a heavy residue hydrocracking complex to be built at a refinery in Burgas, Bulgaria.

UK Refinery Halts Sales; Fears Mount About Possible Job Losses
(Tuesday, January 24, 2012) Around 1,000 jobs could be lost after the Coryton refinery in Essex fell into administration and stoked fears over fuel supplies.

China Energy Trader Eyes $2.5B Refinery in Burma
(Tuesday, January 24, 2012) China's Guangdong Zhenrong Energy Co. Ltd, an oil and commodity trader partly owned by state-run Zhuhai Zhenrong Corp, is scouting for sites in Myanmar (Burma) to build a 100,000 barrels-per-day (bpd) refinery.

Safety At All-Time High for Humber Refinery
(Tuesday, January 24, 2012) ConocoPhillips' Humber Refinery has recorded the safest, and most productive year yet, a decade on from the explosion that rocked northern Lincolnshire, UK.

more Refining news...   

US Ethanol Company POET, Royal DSM Announce Ethanol Venture
(Tuesday, January 24, 2012) The largest U.S. ethanol producer and a Netherlands-based company will invest $250 million to commercialize ethanol production from discarded corn cobs and stalks.

UOP to Provide Technology for Petrochemical, Fuels Production in S, Korea
(Monday, January 23, 2012) UOP has been selected by Samsung Total Petrochemicals to provide technologies for the production of key petrochemicals and high-quality diesel and jet fuel at its complex in Daesan, South Korea.

Freudenberg Oil & Gas Opens Test Facility in Houston
(Monday, January 23, 2012) Freudenberg Oil & Gas announced the opening of its 14,000 square foot Materials and Products Testing Facility in Northwest Houston.

Indonesia Declares 2012 the Year of the Petrochemical Industry
(Thursday, January 19, 2012) Indonesian Industry Minister MS Hidayat said 2012 has been declared Indonesia's petrochemical year as petrochemical industry centers are to be set up in several regions in the country this year.

Investors Seek $4B for Turkey Petchem Feedstock Refinery
(Thursday, January 19, 2012) Investors backing the construction of a refinery in Turkey that is to produce naphtha feedstock for the planned Petkim Peninsula petrochemical "supersite" are seeking up to $4bn in long-term loans.

more Petrochemical news...   

Gazprom To Increase Europe-Bound Gas Shipments Through Belarus
(Thursday, January 26, 2012) Gazprom (GAZP.RS) said Thursday it plans to increase shipments of natural gas through Belarus in the coming years, as negotiations with Ukraine on a new gas deal intensifies.

Montana Dem Cites Keystone XL As a Top Priority
(Wednesday, January 25, 2012) U.S. Sen. Max Baucus said Thursday that cutting taxes and securing approval for a massive oil pipeline are top congressional priorities this year and the Montana Democrat expressed optimism that deals can be reached.

South Sudan, Kenya Sign Oil Pipeline MOU
(Wednesday, January 25, 2012) South Sudan and Kenya have signed a memorandum of understanding on the building of a oil pipeline from South Sudan to the Kenyan port of Lamu.

Transneft Extends 'Take or Pay' to Product Transport
(Wednesday, January 25, 2012) OJSC Transneft subsidiary Transnefteproduct will pump petroleum products under the 'take or pay' scheme in 2012, Transneft said in a press release.

State Dept Faces Off With Republicans Over Keystone Pipeline
(Wednesday, January 25, 2012) The Obama administration is pushing back on Republican-led efforts to force approval of the Keystone XL oil pipeline.

more Pipelines news...   

Woodside May Sell Part Of Stake In Browse LNG Project
(Friday, January 27, 2012) Woodside Petroleum said it's considering selling some of its stake in the massive Browse LNG project in Australia but plans to retain its position as operator.

Technip Wins Wheatstone Contract
(Thursday, January 26, 2012) The deal will see Technip produce a detailed design for Chevron's Wheatstone gas-processing platform, which will be located offshore Western Australia.

BG Group to Boost LNG Volumes from Sabine Pass
(Thursday, January 26, 2012) BG Group will purchase an additional 2 million tonnes of LNG over a 20-year period from Cheniere Energy's Sabine Pass terminal in Louisiana.

Hess Imports Top US Exec in LNG Push
(Wednesday, January 25, 2012) US oil producer Hess Corporation is moving one of its top executives to Perth in a clear sign that it wants to expand in Australia well beyond its drilling activities in Western Australia and its early-stage shale gas exploration.

Pluto, Wheatstone Lead LNG Growth Wave
(Wednesday, January 25, 2012) LIKE iron ore in the Pilbara, Western Australia's liquefied natural gas (LNG) sector along the state's north-west coast is experiencing a wave of development and expansion.

more LNG / LPG news...