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, July 23, 2018An explosion at an Iranian oil storage facility in the central industrial zone of Khomein on Friday killed two people and wounded another, the semi-official Tasnim news agency reported.
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NewsReuters, July 20, 2018Saudi Aramco said on Wednesday that a minor fire that was controlled at its Riyadh refinery was due to “an operational incident.”
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NewsMeridian Energy Group, Inc., July 19, 2018Meridian Energy Group, Inc. recently announced that the company has executed a contract with SEH Design|Build, Inc. for the performance of site and civil design and construction services for the Davis Refinery. This announcement comes a month after the North Dakota Department of Health – Air Quality Division issued Meridian the Permit to Construct for the Davis Refinery.
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NewsEnterprise Products Partners L.P., July 19, 2018Enterprise Products Partners L.P. is planning to develop an offshore crude oil export terminal off the Texas Gulf Coast. The terminal would be capable of fully loading Very Large Crude Carriers (“VLCC”), which have capacities of approximately 2 million barrels and provide the most efficient and cost-effective solution to export crude oil to the largest international markets in Asia and Europe.
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NewsMedallion Midstream, July 19, 2018Medallion Pipeline Company, LLC (Medallion) recently announced a binding open season to solicit long-term, firm shipper commitments for a major expansion of its crude oil pipeline system in the Midland Basin. Through the open season, Medallion proposes to expand six pipeline segments to transport increased quantities of crude oil, produced from acreage proximate to Medallion’s system, to downstream pipelines and markets.
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NewsReuters, July 16, 2018Motiva Enterprises completed repairs to the gasoline-producing fluidic catalytic cracking unit (FCCU) at its 603,000 barrel per day (bpd) Port Arthur, Texas, refinery over the weekend, sources familiar with plant operations said on Monday.
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NewsReuters, July 13, 2018
A major explosion at a chemical plant in southwestern China has killed 19 people and injured 12, authorities said on Friday, the latest deadly industrial incident in the world’s largest producer of chemicals.
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NewsTotal, July 13, 2018Total has closed on the acquisition of Engie’s portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.5 billion. Additional payments of up to $ 550 million could be payable by Total in case of an improvement in the oil markets in the coming years.
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Partner ContentPassing the API RP 571 or API 580 certification is not easy, but it is a must for anyone looking to demonstrate aptitude with Damage Mechanisms or Risk-Based Inspection (RBI). Choose training with an instructor that has decades of experience with both the fundamental concepts of Damage Mechanisms or RBI as well as the specifics of the respective RP's. Contact Stephanie Simek at Pro-Surve today.
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NewsABC News, July 13, 2018The U.S. is on pace to leapfrog both Saudi Arabia and Russia and reclaim the title of the world's biggest oil producer for the first time since the 1970s. The latest forecast from the U.S. Energy Information Administration predicts that U.S. output will grow next year to 11.8 million barrels a day.
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NewsReuters, July 13, 2018Linde and Praxair will win approval regulatory clearance for their planned $83 billion merger after pledging to sell Praxair’s assets to boost a Japanese rival in Europe, two people familiar with the matter said on Thursday.
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NewsDuluth News Tribune, July 12, 2018A "factual update" from the U.S. Chemical Safety and Hazard Investigation Board is expected in early August, board spokesperson Hillary Cohen said in an email Tuesday.
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NewsReuters, July 12, 2018A refinery in Saudi Arabia has shipped its RBOB gasoline to the United States for the first time, a potential precursor for more deliveries to a region where prices are currently at seasonal three-year highs.
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NewsGlobal Market Insights, Inc., July 12, 2018According to a report recently released by Global Market Insights, Inc., the global oil refining market is poised to cross USD $7 trillion by 2024.
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NewsReuters, July 11, 2018The sale of a remote Canadian refinery has been scuttled as two former oil traders running the company locked horns over the value of the plant, according to three people familiar with the discussions. The partners, former traders Neal Shear and Kaushik Amin, sought to sell the 130,000 barrel-per-day refinery in Come By Chance, Newfoundland last year to privately held Canadian refiner Irving Oil, which was seen as the leading bidder.
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NewsReuters, July 11, 2018Valero Energy Corp shut production on the small crude distillation unit (CDU) at its 180,000 barrel-per-day (bpd) Memphis, Tennessee, refinery on Monday for repairs, sources familiar with plant operations said.
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