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  1. Operational upset forces unit shutdown at Sardinian refinery

    Italy’s Saras SPA , which operates a 300,000-b/d, high-conversion refinery in Sarroch, on the southwestern coast of Sardinia, has temporarily shuttered one of two units at the refinery’s catalytic reforming (CCR) plant following an operational upset in early December. The necessary shutdown took place on Dec. 5 after an unidentified “failure” occurred at the unit, Saras said, without commenting further on the nature of the incident. While Saras confirmed the upset did not result in any injuries or impacts to the environment, the company said it expects the unit to remain offline for about 15 days. The extended shutdown likely will result in an overall economic impact of about €25 million stemming from reduced production of gasoline and gas oil, costs to repair the unit, as well as potential limitations to the company’s ability to achieve normalized levels of product inventories at yearend, the operator said. Contrary to current capacity data posted to Saras’ web site, the Sarroch refinery’s CCR plant includes two units with a combined capacity of 50,000 b/d, the company said in a November presentation to investors. Contact Robert Brelsford at rbrelsford@ogjonline.com .

    Online Articles

    Online Articles

    Wed, 7 Dec 2016

  2. Indian state-run refiners sign MOU for proposed megarefinery

    Public-sector refining firms Indian Oil Corp. Ltd. (IOC), Bharat Petroleum Corp. Ltd. (BPC), and Hindustan Petroleum Corp. Ltd. (HPC) have formed a consortium to pursue a previously announced plan to jointly develop a grassroots 60 million-tonne/year integrated refining and petrochemical complex in ...

    Online Articles

    Online Articles

    Fri, 9 Dec 2016

  3. Giant 287-tonne substation exported from Teesside

    The transportation and export of a refinery substation built at AV Dawson’s North Sea Supply Base marks the site’s biggest lift of the year.

    Online Articles

    Online Articles

    Sat, 10 Dec 2016

  4. South Pars Phase 21 offshore Iran approaching start-up

    Phase 21 of the South Pars gas field in the Persian Gulf should become operational by late December.

    Online Articles

    Online Articles

    Wed, 7 Dec 2016

  1. MARKET WATCH: NYMEX front-month oil futures price hovers at $50-51/bbl

    Online Articles

    Online Articles

    Fri, 9 Dec 2016

  2. EIA: US crude stockpiles fall 2.4 million bbl

    US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, fell 2.4 million bbl during the week ended Dec. 2 compared with the previous week’s total, according to the US Energy Information Administration’s Petroleum Status Report.

    Online Articles

    Online Articles

    Wed, 7 Dec 2016

  3. Fire breaks out at ExxonMobil’s Baton Rouge refinery

    A fire broke out Nov. 22 at ExxonMobil Refining & Supply Co.’s Baton Rouge, La., refinery , injuring 6 people, but was quickly contained. Four of those injured were in critical condition and hospitalized. The 502,500-b/d facility resumed normal operations later that day, except in a compressor where ...

    Online Articles

    Online Articles

    Mon, 28 Nov 2016

  4. Cenovus lifts 2017 capital budget by 24%, to resume Christina Lake expansion

    Cenovus Energy Inc., Calgary, in 2017 plans to invest $1.2-1.4 billion, a 24% increase compared with the firm’s forecast capital spending for 2016.

    Online Articles

    Online Articles

    Fri, 9 Dec 2016

  5. Oil & Gas News: Recent OPEC agreement reflected in EIA forecast issued earlier this week

    In EIA’s December Short-Term Energy Outlook (STEO), both the West Texas Intermediate and Brent crude oil 2017 price forecasts increased by about $1 per barrel (b) from the November STEO, with prices expected to average $51/b and $52/b, respectively.

    Online Articles

    Online Articles

    Sat, 10 Dec 2016

  6. Oil and Gas: Industrial gas makers Linde, Praxair resume merger talks

    Industrial gas makers Linde AG and Praxair Inc. are resuming talks about a possible merger that they abandoned in September.

    Online Articles

    Online Articles

    Thu, 8 Dec 2016

  7. Harris County first responders receive grants from Flint Hills Resources and Koch Pipeline Company

    Flint Hills Resources and Koch Pipeline Company have awarded $12,300 in grants to four first responders Harris County for training, education, equipment, and emergency notification needs through the 2016 Helping Heroes program.

    Online Articles

    Online Articles

    Sat, 10 Dec 2016

  8. Oil Refinery : Refinery in Italy erupts in flames, no injuries reported

    Italian oil company Eni says a fire erupted in a refinery in Pavia province south of Milan, and that the flames were being extinguished. There were no immediate reports of injuries.

    Online Articles

    Online Articles

    Fri, 2 Dec 2016

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