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, February 26, 2021Indian Oil Corp will invest 329.46 billion rupees ($4.46 billion) to raise the capacity of its Panipat refinery by two-thirds to 500,000 barrels per day (bpd) by September 2024.
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NewsReuters, February 25, 2021U.S. crude prices edged up to its highest close since 2019 as Texas refineries restarted production after last week’s freeze, while Brent eased on worries that four months of gains will prompt producers to boost output.
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NewsReuters, February 24, 2021Marathon Petroleum has begun restarting a crude distillation unit (CDU) at its 585,000 bpd Galveston Bay Refinery, as the refinery recovers from the effects of severe cold weather a week ago, said sources familiar with plant operations.
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NewsTPC Group, February 24, 2021TPC Group recently announced the successful startup of the second phase of its Port Neches terminal operations as part of a three-phased start-up process to serve current and future customers and supplier needs.
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NewsReuters, February 24, 2021Lyondell Basell Industries shut the large crude distillation unit (CDU) at its 263,776 barrel-per-day (bpd) Houston oil refinery on Tuesday to begin repairs to the cooling water system.
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NewsReuters, February 23, 2021Valero Energy Corp has boosted production on the restarted small crude distillation unit (CDU) and the coker at its 335,000 barrel-per-day (bpd) Port Arthur, Texas, refinery, said sources familiar with plant operations.
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NewsU.S. Energy Information Administration, February 19, 2021According to recent EIA forecasts, U.S. liquefied natural gas (LNG) exports will exceed natural gas exports by pipeline in the first and fourth quarters of 2021 and on an annual basis in 2022.
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NewsEnergy Transfer LP, February 18, 2021Energy Transfer LP and Enable Midstream Partners, LP have entered into a definitive merger agreement whereby Energy Transfer will acquire Enable in an all-equity transaction valued at approximately $7.2 billion.
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NewsReuters, February 16, 2021A deep freeze across the United States is taking a toll on the energy industry in the largest U.S. crude-producing state, halting Texas oil wells and refineries on Monday and forcing restrictions from natural gas and crude pipeline operators.
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Press ReleaseBecht, February 15, 2021Becht Europe B.V. and EPS Customer Solutions B.V. have come together to better serve Refining, Petrochemical, and Renewable customers in the European, Middle Eastern, and African regions.
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NewsExxon Mobil Corporation, February 15, 2021ExxonMobil recently announced that its Altona refinery in Australia is no longer considered economically viable and will be converted to an import terminal, which will ensure ongoing, reliable fuel supply for Victoria.
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NewsVenture Global LNG, Inc., February 12, 2021Venture Global LNG, Inc. recently announced it has closed a $500 million term loan to fund pre-FID construction activities at the company’s Plaquemines LNG export project, as well as for general corporate purposes.
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Partner ContentHow long does it take for you to receive reports after an inspection has been completed? A week? A month? Does the data come from multiple sources with no way of knowing if it has been manipulated? Traditional inspection contractors do not have...
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NewsEnergy Transfer LP, February 12, 2021
Energy Transfer has created a new business unit to advance efforts to develop alternative energy projects, as the pipeline operator aims to reduce its carbon footprint.
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Press ReleaseFloodlight Software, February 11, 2021Floodlight Software, a cloud-based inspection management software platform, is now available to industrial inspection and testing service providers in a trial version.
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NewsReuters, February 9, 2021Total S.A., the French oil and gas major, announced it would rebrand as TotalEnergies as it tries over the next decade to reduce oil production and grow renewable power and electricity production.
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