Kuban Oil & Gas Co. has let a contract to Honeywell Process Solutions (HPS), a division of Honeywell International Inc., to provide advanced automated control and safety systems at the 1.5 million-tonne/year AT-5 crude distillation unit (CDU) of subsidiary Ilsky Refinery LLC’s refinery in the Seversky district of Russia’s Krasnodar Territory. Source: News
Independent Russian refinery implements process automation
Kuban Oil & Gas Co. has let a contract to Honeywell Process Solutions (HPS), a division of Honeywell International Inc., to provide advanced automated control and safety systems at the 1.5 million-tonne/year AT-5 crude distillation unit (CDU) of subsidiary Ilsky Refinery LLC’s refinery in the Seversky district of Russia’s Krasnodar Territory. Source: News
Idemitsu takes development step off Vietnam
Idemitsu Oil & Gas Co. Ltd. has moved toward development of oil and gas discoveries on two blocks offshore Vietnam with the award of a preliminary contract to Aker Solutions. Source: News
LNG Canada postpones FID for Kitimat project
The LNG Canada joint venture has elected to delay a final investment decision (FID) for the project to be built near Kitimat, BC, citing “global industry challenges, including capital constraints.” A decision had been planned for yearend. Source: News
LNG Canada postpones FID for Kitimat project
The LNG Canada joint venture has elected to delay a final investment decision (FID) for the project to be built near Kitimat, BC, citing “global industry challenges, including capital constraints.” A decision had been planned for yearend. Source: News
Ithaca says semisubmersible nearly ready for UK North Sea
Modifications to the FPF-1 semisubmersible are nearly complete for Ithaca Energy’s Greater Stella Area development in the UK central North Sea, Ithaca Energy Inc. executives said. Source: News
Ithaca says semisubmersible nearly ready for UK North Sea
Modifications to the FPF-1 semisubmersible are nearly complete for Ithaca Energy’s Greater Stella Area development in the UK central North Sea, Ithaca Energy Inc. executives said. Source: News
Algeria appoints Bouterfa as new energy minister
Algerian President Abdelaziz Bouteflika has appointed a new minister of energy and mining on June 11 in a cabinet reshuffle that consultant PGI said was intended to reshape Algerian energy policy and attract foreign investment. Source: News
Algeria appoints Bouterfa as new energy minister
Algerian President Abdelaziz Bouteflika has appointed a new minister of energy and mining on June 11 in a cabinet reshuffle that consultant PGI said was intended to reshape Algerian energy policy and attract foreign investment. Source: News
MARKET WATCH: NYMEX crude oil for August drops under $45/bbl
The light, sweet crude oil price for August delivery fell moderately on the New York market July 11 to settle under $45/bbl. The Brent crude oil price for September delivery fell about 50¢ on the London market to settle at $46.25/bbl. Source: News