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Aramco to Expand Oil Deliveries to China for Refinery and Petrochemical Growth

Aramco to Expand Oil Deliveries to China for Refinery and Petrochemical Growth

Saudi Arabian Oil Co. is taking a 10% stake in a Chinese petrochemical company to expand its crude oil presence in the country. Aramco, as it is known, said it would pay around $3.6 billion to buy the interest in Rongsheng Petrochemical Co. Ltd.  Aramco Overseas Co. (AOC) would manage the stake. Under a long-term…

March 27, 2023
Enterprise Eyeing More Permian NGL Takeaway by Expanding Mont Belvieu, Adding West Texas Processing

Enterprise Eyeing More Permian NGL Takeaway by Expanding Mont Belvieu, Adding West Texas Processing

Enterprise Products Partners LP (EPD) is upping it efforts to address strong customer demand for midstream services in the Permian Basin and along the Gulf Coast by expanding natural gas liquids (NGL) fractionation capacity and gas processing, management said.

October 31, 2018
Taproot’s Midstream Buildout Tapping into Colorado’s Growing DJ Production

Taproot’s Midstream Buildout Tapping into Colorado’s Growing DJ Production

An affiliate of Denver-based Taproot Energy Partners LLC has secured agreements to expand a multi-product midstream system in Colorado’s Denver-Julesburg (DJ) Basin.

September 19, 2018

Eastern Shore Gauges Support to Tap More Appalachian Natural Gas

Chesapeake Utilities Corp. subsidiary Eastern Shore Natural Gas Co. (ESNG) launched a nonbinding open season earlier this month to test support for increasing capacity on its system and expand natural gas service throughout Maryland and in part of Virginia.

February 27, 2018

TransCanada Prepping Western Canada Pipeline Grid for Growing Unconventional NatGas Output

As construction is completed on pipeline additions this year, the next stage is taking shape in a multi-year program to adapt the Western Canadian natural gas pipeline grid to spreading shale production.

October 3, 2017

Brief — Total Petrochemical

Total Petrochemical, a joint venture of South Korea’s Hanwha Group and France’s Total SA, plans to expand the Desean refining/petrochemicals integrated facility in South Korea to increase ethylene production capacity by 30% to 1.4 million tons/year. Daesan, one of Total’s six world-class integrated platforms and a strategic asset for Hanwha, includes a condensate splitter, steam cracker and polymers, styrene and aromatics units. “The extension will significantly increase the site’s flexibility, enabling it to process competitively priced propane feedstock, which is abundantly available, notably due to the shale gas revolution in the United States,” the company said. The expansion, expected to be completed by mid-2019, would add ethylene production for local demand and supply the nearby fast-growing Chinese market, a significant importer.

April 12, 2017

New JV Expanding Powder River Rail Terminal

Inergy Midstream LP and Enserco Midstream LLC have formed a joint venture to own and operate a crude oil rail terminal in Douglas County, WY. They expect to expand the facility to take advantage of growing production from the Niobrara formation.

September 6, 2013

First Reserve, Midstream Veterans Launch North American Venture

Century Midstream LLC, whose focus primarily will be to develop and expand emerging liquids plays across North America, was launched Wednesday by private equity energy firm First Reserve Corp. and a team of seasoned midstream veterans.

June 14, 2013

House Panel Passes Offshore Bill Over Democrats’ Objections

Republicans on the House Natural Resources Committee Wednesday approved legislation that would expand offshore energy production to include the East and West Coasts, and would extend revenue-sharing to all coastal states.

June 13, 2013

Industry Brief

Kinder Morgan Energy Partners LP (KMP) said it will invest $107 million to expand its Kinder Morgan Crude and Condensate pipeline system (KMCC) deeper into the Eagle Ford Shale play in Karnes County, TX. The expansion, supported by a long-term contract with ConocoPhillips, will extend the 178-mile pipeline 31 miles from the KMCC DeWitt Station in DeWitt County, TX, to ConocoPhillips’ central delivery facility near Helena in Karnes County. Kinder Morgan will also build receipt tanks and a truck unloading facility adjacent to ConocoPhillips’ Helena facility. Construction is expected to begin in July. “This expansion further assists our commitment to deliver up to 300,000 b/d of crude and condensate from the Eagle Ford Shale,” said KMP products pipelines President Ron McClain.

June 5, 2013
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