A Barrel Fulll Archive

July 27, 2020 Total has signed an agreement to sell the Lindsey refinery and its associated logistic assets, as well as all of the related rights and obligations, to the Prax Group. Located in Immingham (Lincolnshire) in England, the Lindsey refinery has an annual production capacity of 5.4 million tons. This acquisition will make Prax – an independent British group specialising in the trade and sale of oil products and in possession of a growing network of 150 service stations and numerous supply chain assets – more integrated and competitive in the United Kingdom and will secure its local supply. “This transaction is in line with our forward-looking strategy for Total’s European refining base, which involves focusing our investments on integrated refining and petrochemical platforms. Since the sale of our British retail network in 2011, the Lindsey refinery hasn’t been part of Total’s downstream system, it will be put to better use within the Prax Group; an independent player with a...

 July 23, 2019 JXTG Nippon Oil & Energy Corporation (president: Katsuyuki Ota; “JXTG”) has made a decision to acquire the [http://www.abarrelfull.co.uk/Osaka_Refinery Osaka refinery] (refinery manager: Hideaki Tanaka) currently operated by Osaka International Refining Company, Limited (president: Yoshiaki Takeshita; “OIREC”), terminate operation of its refinery functions and restructure it as an asphalt-fueled electric power facility. This change is expected to take place in October 2020. OIREC is currently operated through a joint venture between JXTG and PetroChina International (Japan) Co., Ltd. (president: Wan Junyong; “PCJP”), a wholly owned subsidiary of PetroChina International Co., Ltd. (executive director: Tian Jinghui; “PCI”). Amid the challenging environment of the petroleum oil industry, with structural domestic demand decline and severe competition in Asia, JXTG has been considering a number of options for the optimization of the manufacturing and supply network of...

  October 31, 2018 - INPEX CORPORATION (INPEX) announced today that the first LNG shipment from the INPEX-operated Ichthys LNG Project (the Project) in Australia arrived at INPEX’s Naoetsu LNG Terminal (the Terminal) located in Joetsu City, Niigata Prefecture, Japan, at approximately 8:30am local time today. LNG received at the Terminal will be re-gasified and combined with natural gas produced from the INPEX-operated Minami-Nagaoka Gas Field, and then supplied to customers located along INPEX’s 1,500 kilometer-long natural gas trunk pipeline network stretching across the Kanto-Koshinetsu and Hokuriku regions. The arrival of LNG produced from the Ichthys LNG Project at the Terminal is a significant milestone for INPEX, as it organically links the company’s LNG development business LNG carrier “Pacific Breeze” arrives at Naoetsu LNG Terminal laden with Ichthys’ first LNG cargo overseas to its gas distribution network in Japan. By reaching this milestone, INPEX has taken a significan...

  October 23, 2018 - INPEX CORPORATION (INPEX) announced today that the INPEX-operated Ichthys LNG Project (the Project) recently commenced shipment of liquefied natural gas (LNG) as the first shipment of LNG departed the onshore gas liquefaction plant in Darwin in the Northern Territory of Australia en route to the INPEX-operated Naoetsu LNG Terminal in Niigata Prefecture, Japan. The shipment follows the Project’s shipment of condensate (ultra-light crude oil), which commenced on October 1, 2018, as announced on the same day. The Project is scheduled to gradually increase its production volume of LNG, and produce approximately 8.9 million tons of LNG per year, equivalent to more than 10% of Japan’s annual LNG import volume, when it reaches its production plateau. As approximately 70% of the LNG produced by the Project is scheduled to be supplied to Japanese customers, INPEX will further contribute to the stable supply of energy to Japan through the Project and continue to respond ...

December 10, 2019 - Baltic Chemical Plant LLC (BCP), a wholly-owned subsidiary of RusGasDobycha, has selected Univation Technologies’ UNIPOL™ PE Process for six reactor lines to be located at the Ust-Luga marine port located in Leningradsky Region, Russia. With maximum product flexibility in mind, each UNIPOL™ PE Reactor line is designed for a world-scale capacity of 500,000 TPY, yielding a total design capacity of 3,000,000 TPY. BCP will access Univation’s most advanced product technology platforms including ACCLAIM™ Technology for unimodal HDPE, PRODIGY™ Technology for bimodal HDPE grades, and XCAT™ Technology for advanced metallocene LLDPE. These technologies enable BCP with capabilities to serve a wide range of HDPE and LLDPE applications including LLDPE for blown and stretch film, MDPE for rotomolding, and HDPE for pipe, injection and blow molding products. Additionally, BCP elected to incorporate Univation’s latest process control system, PREMIER™ APC+ 3.0, across all productio...

PTEMBER 15 - 2020 Axens will supply technology for Alpha-Olefins "Baltic Chemical plant" LLC (LLC "BCP"), JSC RusGazDobycha subsidiary and Axens signed an agreement for the supply of alpha-olefins production technology for a project of construction of a gas chemical complex as part of an ethane-containing gas processing complex on the shore of the Gulf of Finland near Ust-Luga village, Leningrad Region. With this agreement, Axens will provide AlphaButol® technology for the production of high purity 1-butene by ethylene dimerization and AlphaHexol™ for the production of high purity 1-hexene through ethylene trimerization. 1-butene and 1-hexene are used as co-monomers in the production of various types of polyethylene, including linear low density polyethylene (LLDPE) and high density polyethylene (HDPE). 1-butene will be produced at two units with a capacity of 60 thousand tons per year each. 1-hexene will be produced at one unit with a capacity of 50 thousand tons...

  TechnipFMC was awarded the detailed engineering, procurement and construction (EPC) contract by ExxonMobil for the Beaumont refinery expansion project, covering the addition of new units to be integrated into the existing facilities at the refinery. The expansion will optimize the facility by giving ExxonMobil the flexibility to run lighter crudes. The CUEL awarded scope is the module fabrication of Pre-assembled Piperack (PAR) and Pre-assembled Unit (PAU) modules. The fabrication works are planned to start at CUEL’s Laem Chabang fabrication yard in Chonburi province, Thailand later in 2019. The contract was signed by TechnipFMC management and CUEL management. Continuing its business strategic direction, CUEL has successfully secured this module fabrication project in the refining industry and thereby expanding the client base to the North American region It is a further significant milestone for CUEL in the on shore refining and petrochemical industry and builds on CUEL’s existi...