Valero suspending operations at Aruba refinery
Due to inadequate margins resulting in financial losses, Valero Energy Corp. is suspending operations at its Aruba refinery. Valero, a Texas-based independent oil refiner, acquired the 235,000bpd refinery in 2004 and is considering operating a terminal and storage facility at the site.
PowerSecure to build transmission lines for oil &
PowerSecure International, Inc. was awarded a contract to build electrical transmission infrastructure to support a series of new oil and gas production sites by a major energy company in partnership with a prominent electric utility.
Pepco to build/operate DC Water CHP plant
DC Water has contracted Pepco Holdings, Inc.
Technip awarded contract for Venezuela upgrader
Technip has been awarded a lump sum contract for the Petrocarabobo upgrader, that will include the basic, front-end engineering design and the first phase of project management consultancy services.
Sunoco Philadelphia refinery looking for buyer
John A. Catsimatidis, chief executive and chairman of United Refining Energy Corp.