Port Arthur, Texas, is expecting an economic boost thanks to TransCanada's plans to send Alberta oil to the Gulf Coast refinery town. Port Arthur is the final destination of the $12.2 billion Keystone pipeline.
Valero Energy's 335,000-barrel-per-day refinery in Port Arthur, Texas, shut the crude distillation unit and a coking unit on Monday night as part of scheduled work, sources say. These units will be closed for a minimum of four weeks during which time gasoline and diesel production will be reduced rather than stopped.
Schlumberger's plans to build a well-services facility in De Beque, Colo., will go forward even as the company rethinks capital spending in other parts of the country, said Bill Thomas, the manager of the project. The site will provide services for new drilling and existing wells.
Murphy Oil has delayed plans for the expansion of its refinery in Superior, Wis., until it can find a Canadian oil-sands partner. The $6 billion expansion would increase the plant's capacity from 35,000 to 235,000 barrels of crude oil a day. "We've beaten down doors trying to find a partner for the project," said Jim Krowitz, interim manager of the refinery.
Atlantic Sea Island Group hopes to complete the permitting process next year for Safe Harbor Energy, a proposed liquid natural gas processing terminal that would be 19 miles off the New Jersey shore. The group has asked a federal court for a ruling that would prevent New Jersey from stopping the project.
Sempra Energy is holding an open season to gauge customer interest in a new marine petroleum terminal and storage facility in Port Arthur, Texas. The planned terminal would handle crude, liquid petroleum gas and related products.