Gazprom Neft has let a contract to Maire Tecnimont subsidiaries for work related to a project designed to expand delayed coking capacity at its 21.4 million-tonne/year Omsk refinery in Western Siberia as part of the operator’s ongoing modernization program to reduce environmental impacts and improve processing capacities, conversion rates, energy efficiency, and production qualities at […]

Light, sweet crude futures jumped by more than $1 to settle above $60/bbl on the New York market Feb. 14 while the Brent crude contracts also gained more than $1/bbl on the London market to close above $64/bbl. Source: News

Engen Petroleum has shut down its 125,000-b/d Enref refinery in Durban, South Africa, for 45 days of routine planned maintenance. Initiated on Feb. 5 and scheduled to run until Mar. 30, the turnaround comes as part of the refinery’s ongoing maintenance program designed to ensure safe, reliable operations at the plant, Engen said.   […]

The Colorado Oil & Gas Conservation Commission unanimously adopted new regulations covering flowlines and related oil and gas systems. The Feb. 13 action came following months of investigations and hearings after an Apr. 17, 2017, explosion and fire in an abandoned flowline killed two people and injured another in the town of Firestone. Source: […]

Linn Energy Inc., Houston, signed an agreement to sell its interest in conventional properties in West Texas to an undisclosed buyer for $119.5 million. Source: News