Industry News
In order to keep the Inspectioneering community up-to-date with current events and breaking stories, we routinely share relevant, useful, and/or interesting stories related to the topics we cover and the industries we serve.
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NewsReuters, August 18, 2017Royal Dutch Shell Plc expects the large crude unit at its 325,700-barrel-per-day (bpd) Deer Park, Texas, refinery joint-venture to be shut for at least a week of repairs following a fire on Thursday, sources familiar with plant operations said.
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NewsVopak, August 18, 2017Royal Vopak and its joint venture partners intend to expand their independent storage terminal, Pengerang Independent Terminals Sdn Bhd (PITSB) in Pengerang, Johor in southern Malaysia. PITSB will be expanded with 430,000 cbm to a total capacity of 1.7 million cubic meters.
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NewsReuters, August 18, 2017Russian mid-sized oil producer Tatneft plans to double the capacity of its TANEKO oil refinery to 14 million tonnes this year.
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NewsReuters, August 17, 2017A fire broke out on Thursday at a chemical plant owned by state oil major PetroChina in Dalian, in northeast China's Liaoning Province, state news agency Xinhua reported.
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NewsU.S. Energy Information Administration, August 17, 2017Gasoline production by U.S. refiners and blenders has run near record levels over the first seven months of 2017, with four-week rolling average production well above its five-year average and close to the top of its five-year range. U.S. gasoline inventories also remain relatively high despite growing domestic and foreign demand.
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NewsSaipem, August 17, 2017Kuwait Oil Company has commissioned the construction of a system of pipelines of various diameter, approximately 450 km in length, for the transportation of crude oil and gas from various KOC South Tank Farm manifolds to the new Al Zour refinery.
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NewsThe Economic Times, August 17, 2017China is reportedly planning to construct a $4 billion petrochemical complex, that envisions a refinery with 10 million tonnes per year capacity near Pakistan's southern port city of Karachi, industry officials said.
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NewsReuters, August 17, 2017
Royal Dutch Shell Plc extinguished a fire on Thursday morning at its 325,700 barrel-per-day (bpd) joint-venture Deer Park, Texas, refinery, company spokesman Ray Fisher said.
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Partner Content
It is difficult to cover all inspection applications with basic inspection procedures like radiography, ultrasonics, magnetic particle testing, and dye penetrant inspection. Owner-operators are finding that advanced NDE services such as guided-wave ultrasonics, AUT corrosion mapping, and eddy current testing are essential tools to keep their facilities operating safely and efficiently.
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NewsRoyal Dutch Shell Plc., August 16, 2017Shell has completed the sale of its 50% share in SADAF, the petrochemicals joint venture, located in Al Jubail, in the Kingdom of Saudi Arabia to SABIC for $820 million.
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NewsBloomberg, August 16, 2017After spending more than $800 million in the last 5 years, Philadelphia Energy Solutions is still fighting to survive as market conditions and government mandates push the company on the brink of collapse.
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NewsHuntsman, August 16, 2017Huntsman Corporation is pleased to announce progress towards satisfying the regulatory approval condition to closing its merger of equals with Clariant AG.
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NewsReuters, August 16, 2017Three out of Pemex's six refineries will undergo maintenance work in the coming months, Carlos Murrieta, the director of the Mexican oil giant's refining unit said on Friday. Mexico's refining network has been working well below capacity after a big fire in June forced Pemex to halt its largest refinery of Salina Cruz for six weeks, increasing the need for fuel imports.
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NewsInspectioneering Staff, August 15, 2017The American Petroleum Institute has released the 2018 schedule for its Individual Certification Programs (ICP).
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NewsReuters, August 15, 2017U.S. refiners such as PBF Energy and Valero Energy are heading into the winter season on their best footing in years, as months of surprisingly robust distillate demand has eaten away at stubbornly high inventories and boosted margins. Inventories of diesel, heating oil and jet fuel are approaching their lowest seasonal levels in three years, fueling expectations among refining executives, traders and analysts that strong margins will help the bottom line for refiners through year-end.
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NewsHolly Energy Partners L.P., August 15, 2017
Holly Energy Partners, L.P. recently announced it has entered into definitive agreements to acquire a 50% interest in Frontier Aspen LLC, the owner of the Frontier Aspen Pipeline, and a 75% interest in the SLC Pipeline LLC, the owner of the Salt Lake City Pipeline, from affiliates of Plains All American Pipeline, L.P. for an aggregate purchase price of $250 million in cash.
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