Showing posts with label refinery. Show all posts
Showing posts with label refinery. Show all posts

TransCanada's Keystone XL pipeline secures environmental review (US)

TransCanada's proposed 830,000 bbl/d Keystone XL oil pipeline secured a positive environmental review from the US State Department, which ruled that a plan for an alternative route through Nebraska (United States) would have no significant environmental impacts. The Public Service Commission of Nebraska approved the project in December 2017 but not TransCanada’s preferred route.
Keystone XL would link the Alberta oil sands through Nebraska (US) to the Mexico Gulf coast refiners over a 1,897 km route and has been repeatedly delayed by the US Government. Following the recent election of US President Trump, the US State Department approved the pipeline permit in March 2017. However, the project is still opposed by environmental groups, Native American tribes and some landowners and facing a case before the Nebraska Supreme Court, which TransCanada expects to be resolved by the end of 2018. Preparatory works are expected to start in autumn 2018 in Montana and full construction could begin in 2019.

Mexico plans US$16bn investment to boost oil production, power generation


The Mexican government has unveiled a US$16bn investment plan to boost the domestic oil production, refinery capacity and hydropower generation. US$9.5bn will be invested in 2019 to upgrade existing refineries, build a new one for US$8.6bn in Dos Bocas in the state of Tabasco and increase oil exploration.
The country's crude oil output is flagging and declines to 1.88 md/d in the first half of 2018 down from 3.4 mb/d in 2005 and the government plans to add 600,000 bbl/d in the next two years to reach 2.5 mb/d. The main drivers behind this decline are the natural depletion of oil fields and a lack of investment. In 2018, Mexico imported 590,000 bbl/d of gasoline and 232,000 bbl/d of diesel from the Unites States while the domestic output has halved since 2013.

Iraq extends bid deadline for the Diwaniya 70,000 bbl/d refinery project


The Iraqi government has extended the submission bid deadline for the 70,000 bbl/d refinery project in Diwaniya (south of Bagdad, Iraq) from 31 July 2018 to 30 October 2018. The refinery is a key project for the country and its construction fits into the framework of a broader strategy, according to which the government aims at increasing the country's domestic refining capacity to more than 1.4 mb/d.
Diwaniya and other projects will contribute to it, including in particular: Maysan (150,000 bbl/d), Kirkuk (150,000 bbl/d), Karbala (140,000 bbl/d) and Bazian (46,000 bbl/d). In May 2018, the government also signed an agreement with two Chinese companies, PowerChina and Norinco International, for the construction of the 300,000 bbl/d Al Faw (also spelled Fao) refinery at the Faw port in the Basrah region.

More energy news: https://goo.gl/JX6nho