Sinochem Hongrun Petrochemical Co. Ltd. has let a contract to Honeywell UOP LLC to provide licensing for an alkylation unit based on ionic liquids alkylation technology at the operator’s 100,410-b/d refining and petrochemical complex in the Binhai Economic-Technological Development Area of Weifang City, Shandong Province, China. Source: News
Groups reiterate opposition to year-round E-15 sales
The US Environmental Protection Agency has not adequately prepared for potential engine damage problems which would result from using the wrong fuel, officials from the American Petroleum Institute and two other trade associations warned. Source: News
Cadogan plans production from Ukraine well
Cadogan Petroleum PLC, London, plans to place on pump its Blazh-10 well in Ukraine near the Polish border. Source: News
Cenovus: Alberta’s production cut working
Production curtailment in Alberta has achieved the provincial government’s goals, according to Cenovus Energy Inc., Calgary. Source: News
Valero invests in Louisiana refining projects
Valero Energy Corp. is investing $400 million to expand alkylation capacity at subsidiary Valero Refining New Orleans LLC’s 340,000-b/d St. Charles refinery in Norco, La. Source: News
SPE leader: Mobilize industry expertise to address climate concerns
The Society of Petroleum Engineers’ 2019 president called on the oil and gas industry at large to mobilize its considerable technical resources to help meet the twin challenges of growing future energy demand and global climate change more aggressively. Source: News
Saudi Arabia and allies can replace lost Iranian oil
The decision by the US government not to extend sanctions wavers for eight countries importing crude oil from Iran could remove around 1.1 million b/d from the market, but Saudi Arabia and several allies can replace the lost barrels, according to Rystad Energy. Source: News
Chinese companies due Arctic LNG 2 stakes
CNOOC Ltd. and China National Oil & Gas Exploration & Development Co., a wholly owned subsidiary of China National Petroleum Corp., have signed agreements to acquire 10% interests each in the Arctic LNG 2 plant to be built by Novatek on the Gydan Peninsula of Russia. Source: News
Pigott named Laredo Petroleum president
Mikell J. Pigott has been named president and a director of Laredo Petroleum Inc., Tulsa, and will succeed Randy A. Foutch, chairman of the board, as chief executive officer in the fourth quarter. Source: News
ExxonMobil acquires more acreage offshore Namibia
ExxonMobil Corp. announced it acquired 7 million net acres to expand its exploration acreage offshore Namibia through an agreement with the government of Namibia and the National Petroleum Corp. (NAMCOR). Source: News