Latest News for: Offshore refineries


ONGC charges premium over Brent in oil deals with BPCL, HPCL

Financial Express 26 Nov 2023
India’s top oil and gas producer ONGC has signed term contracts with refiners to sell crude oil it produces from Mumbai offshore fields at a premium to international benchmark Brent, sources said ... Pipelines from fields in Mumbai offshore directly connect to BPCL and HPCL’s Mumbai refineries.

New government's economic policies expected to have little impact on inflation, interest rates - economists

RNZ 24 Nov 2023
tax cuts in 2024, but with the foreign buyers' tax scrapped, money to come from reallocation of current spending and "other revenue gathering" the end of Fair Pay Agreements, and expansion of 90-day work trials investigating the reopening of the Marsden Point refinery removing the ban on offshore oil and gas exploration.

Cosatu welcomes draft petroleum bill

Independent online (SA) 22 Nov 2023
By Solly Phetoe ... The bill does the opposite ... South Africa has not reached the level of offshore discoveries hoped for, but indications are that significant resources may be found. While we remain an oil importing economy, we need to do more to develop our refinery capacity. Much debate has taken place with regard to gas exploration offshore and inland.

KOTUG’s Growth in Guyana Accelerates with Expanded Fleet

The Maritime Executive 15 Nov 2023
The vessels predominantly provide support (“tanker lifting operations”) to the large crude oil tankers that are loading crude oil from the two producing FPSOs in the Stabroek field, offshore Guyana before transporting it to various refineries around the world.

More monitoring coming to the Delaware City Refinery, resident complaints are encouraged

Delaware Online 08 Nov 2023
... future of the refinery ... The refinery has garnered interest from proponents of green energy in the offshore wind and hydrogen power industries who believe that repurposing the existing infrastructure will make the state more attractive for investments in renewable energies.

Senate Democrats Urge FTC to Examine Exxon, Chevron Deals

Market Watch 01 Nov 2023
Hess is one of the largest producers in North Dakota’s Bakken Shale, the deepwater Gulf of Mexico, and offshore Guyana, South America. Exxon’s plans to expand its refinery operations on the Texas Gulf Coast and increase its exporting operations suggest that the combined company ...

How oil and gas company tax reliefs could lose the UK billions

Beijing News 05 Oct 2023
The recently-approved Rosebank oil field in the North Sea has been touted as a way to boost the UK economy and its energy security ... But, according to my research, it could instead create billions in tax savings for the companies involved ... The oil will be offloaded offshore. It is a light, sweet crude oil that can be used in refineries in the UK ... ....

BP's US boss to leave company weeks after CEO Looney

RTE 02 Oct 2023
Lawler's departure piles pressure on BP's chairman, Helge Lund, and its board as they seek to project stability in the wake of Looney's abrupt resignation ... It includes oil and gas production in the Gulf of Mexico and onshore shale basins, and several refineries, as well as large investments in offshore wind, biogas and retail ... .

ExxonMobil’s Plan to Truck Crude Across Central California Nixed by Federal Judge

The Epoch Times 29 Sep 2023
ExxonMobil lost its latest bid to transport millions of crude from shuttered offshore oil platforms off the central California coast to state refineries.

California Judge Denies Exxon's Right To Use Tanker Trucks

Oil Price 28 Sep 2023
... to move crude oil from offshore platforms to refineries after the rupture of a pipeline seven years ago.

Breitbach's 'Oil and Water' exhibition at Tarleton State art gallery

Stephenville Empire-Tribune 28 Sep 2023
Tarleton State University. STEPHENVILLE, Texas — The Clyde H ... 20-Oct. 19. The artist will give a lecture at 11 a.m. Wednesday, Oct ... At the same time, the horizon is polluted with offshore oil drilling platforms, and the landscape is crowded with refineries, export terminals and other infrastructure connected to the petrochemical industry.” ... ....

After BPCL, ONGC signs up HPCL for sale of oil from Mumbai offshore fields

Financial Express 24 Sep 2023
In a post on X, formerly known as Twitter, ONGC said it has inked “term agreement with HPCL for sale of crude oil from Mumbai offshore.” While it did not give details, ... Pipelines from fields in Mumbai offshore directly connect to BPCL and HPCL’s Mumbai refineries.

Here are all the climate and environment bills that California just passed

The Los Angeles Times 19 Sep 2023
Assembly Bill 1373 — which could help get California's first offshore wind farms ... But they've shielded oil refineries, offshore oil drillers and other polluters from having to pay by using the public's money to fund emissions-reduction programs, The Times' Tony Briscoe reports.

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In this photo released by Uzbekistan's President Press Office, Iran's President Ebrahim Raisi attends the Summit of the Economic Cooperation Organisation (ECO) in Tashkent, Uzbekistan, on Thursday, Nov. 9, 2023
AP / Uzbekistan's President Press Office