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Oil & Gas

New pipeline project to Trafigura's Gulf Coast terminal announced

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Energy Transfer Partners has signed an agreement with Holland-based global commodity trading company Trafigura Beheer BV for the launch of a new crude and condensate pipeline running from the Eagle Ford shale formation in South Texas to Corpus Christi.
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China's plan for synthetic gas plants may threaten water resources

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China is preparing a move to create synthetic natural gas plants, which convert coal to gas. However, operating these plants requires huge amounts of water and this could put some areas of the country under serious water stress.
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Global demand for pipeline materials to grow by 5.3% through 2017

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A new report from research company Freedonia Group predicts that global demand for oil and gas pipeline materials will increase by 5.3% on an annual basis through 2017.
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Sabic plans US petrochemical investment

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Saudi petrochemical giant Saudi Basic Industries Corp. recently announced plans to invest in a petrochemical project in the United States next year and tap into the U.S. shale energy abundance.
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Iran plans to boost petrochemical production

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Iran should stop exporting large amounts of raw petrochemicals and look for ways to make more profit by selling added-value products, according to the leader of the parliamentary Petrochemical Committee.
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Taiwanese companies plan to invest in petrochemical complex in China

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The Petrochemical Industry Association of Taiwan announced Monday that a group of eight Taiwanese companies is planning to invest in the construction of a large petrochemical complex in China.
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European refineries still facing major challenges

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The future of Europe's refining sector continues to look bleak, as the industry seems unable to adapt to new market conditions and struggles to remain competitive with the United States and emerging markets like the Middle East and China.
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Mideast refineries shift focus in production

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Refineries in the Middle East are facing serious challenges to remain competitive, struggling to reduce operating costs and to maximize production among other problems.
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Russia losing ground in oil, gas production to US

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Russia is gradually losing its position as the world's leader in oil and gas production, as the United States has been gaining ground thanks to its energy revolution.
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French court to decide if fracking ban is unconstitutional

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The ban on hydraulic fracturing as a method to extract natural gas and oil in France will come under review next month in a French court. Judges will have to decide if the ban is against the constitution, as oil and gas companies have claimed.
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