12092018Sun
Last updateFri, 07 Dec 2018 3pm

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Valero Delays $250 Million Louisiana Project to 2012

Valero Energy Corp., the largest U.S. refiner, said it delayed until 2012 the expansion of a crude unit and coker at its refinery in St. Charles, Louisiana, due to poor refining margins.

 

“Valero has postponed several capital projects in order to free up cash on our balance sheet,” Valero spokesman Bill Day said in an e-mail. The project would expand crude processing capacity by 45,000 barrels a day and coking capacity by 10,000 barrels a day.

 

Source: Bloomberg

 

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Water Conference Bridges Atlantic

With a 500-participant, trans-Atlantic crowd and the venue of a science center­—reached by a rollicking boat ride across New York Harbor from Manhattan—the H209 Forum, “Water Challenges for Coastal Cities,” struck an aquatic note from the start. The Sept. 9-10 conference at the Liberty Science Center in Jersey City, N.J., was a joint production of Dutch and New York interests who used the 400th anniversary of Henry Hudson’s historic landfall in New York Harbor to launch a dialogue on mutual concerns about water challenges of all sorts, including increasing demand on water supplies and infrastructure and the prospective effects of climate change on weather patterns, which have potentially dire consequences for densely populated coastal cities.

 

Source: Engineering News-Record

 

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September Expected To Be Big Month for North American Chemical Industry

If you have watched network news or picked up the financial section of a newspaper at all in the last week, you have caught more than one headline on what the month of September means to the confidence of the market's rally during the last few months. Based on spending forecasts in the Chemical Processing Industry (CPI) of North America, September could be one of the biggest months of the year, despite a large number of project cancellations and delays.

 

Source: Industrial Info Resources

 

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Energy Giants Sign Off on Australian LNG Project

According to the Associated Foreign Press, energy giants Chevron, Shell and ExxonMobil have agreed to develop Australia's massive Gorgon field, giving the final go-ahead to a liquefied natural gas (LNG) project worth hundreds of billions of dollars. Chevron said the joint venture partners would start work immediately on the plant, pumping 43 billion Australian dollars ($37 billion US) into the initial construction phase.

 

Source: Global Processing

 

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Feds, State Sue Portsmouth Over Wastewater Discharge

The city has discharged wastewater containing E coli and coliform bacteria into the Piscataqua River and South Mill Pond "on numerous occasions" during the past five years and continues to do so," according to civil lawsuits filed against the city by the federal government and state of New Hampshire, reports the Portsmouth Herald.

 

Assistant City Attorney Suzanne Woodland described the lawsuits as a mechanism for environmental oversight agencies to ensure the city completes planned sewer improvements and stressed that the city’s relationship with the agencies is "not adversarial."

 

Source: Boston Herald

 

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