Strike ends at Exxon refinery in France

MRC) -- A workers' strike at Exxon Mobil's Esso refinery in Fos-sur-Mer in southern France stopped on Saturday and the halted units are being restarted, said Reuters.

"We're doing everything to ensure that operations and supplies resume at the earliest so that we can serve our clients as soon as possible," said Esso spokeswoman Catherine Lebrun. The strike resulted in the refinery being temporarily shutdown on Friday.

Exxon's Fos site has a refining capacity of 7 million tonnes per year, which corresponds to about 10% of national capacity, according to the company. The walkouts at Esso started on June 28, with workers demanding higher wages to cover inflation. They were part of wider union efforts this week that have hit other energy companies such as state-owned electric power utility EDF .

Lebrun added that talks between management and all related parties led to the ending of the strike, without specifying that any deal had been struck. Next week, the government is due to introduce new legislation aimed at boosting the purchasing power of families.

As per MRC, ExxonMobil, Grieg Edge, North Ammonia, and GreenH have signed a memorandum of understanding to study potential production and distribution of green hydrogen and ammonia for lower-emission marine fuels at ExxonMobil’s Slagen terminal in Norway.

As per MRC, ExxonMobil expects to add approximately 20,000 bpd of light, heavy and extra-heavy lubricant base stocks when upgrades at its Singapore integrated refining and petrochemical complex are complete in 2025.
mrchub.com

Equinor is inspecting damage at a reformer at its 226,000 barrel per day (bpd) Mongstad refinery after a fire on Sunday and it is too soon to say when the unit will be operational, said Reuters.

The fire at the oil refinery on Norway's west coast was extinguished early on Sunday, with the main part of the refinery still in operation. "It was in a reformer," an Equinor spokesman told Reuters by email, adding that there was no estimate yet on when the unit could be restarted.

"We are doing inspections to get an overview ... we will investigate to clarify what caused the fire." The reformer makes reformate, which is commonly used as an octane booster in gasoline.

The Petroleum Safety Authority Norway (PSA) has launched an investigation into the fire, the authority said separately. "The fire is thought to have started on a flange," PSA said in a statement, referring to equipment commonly used to connect pipes.

Mongstad is Equinor's largest and Norway's only refinery. The wider Mongstad area contains refinery operations, a terminal for crude oil exports and other facilities.

As MRC informed earlier, Equinor's Board of Directors has recently decided to stop new investments into Russia, and to start the process of exiting Equinor’s Russian Joint Ventures (JV). At the end of 2021 Equinor had USD 1.2 billion in non-current assets in Russia. The company expects that the decision to start the process of exiting JVs in Russia will impact the book value of Equinor’s Russian assets and lead to impairments.
mrchub.com

MRC) -- Canada’s Inter Pipeline Ltd. has started production at a new C$4.3 billion (USD3.3 billion) petrochemical plant in Alberta, a key milestone for a project that was at the center of a takeover battle for the company last year, said the company.

The unit of Brookfield Infrastructure Partners LP commissioned its Heartland polypropylene plant and began initial production in late June, according to a statement from the company. The remainder of the plant, including the propane dehydrogenation facility, is on schedule to start operation and begin commercial production in the third quarter.

The Heartland project faced cost overruns and delays due to the Covid-19 pandemic, putting pressure on Inter Pipeline’s stock and helping to make it vulnerable to an unsolicited takeover bid from Brookfield.

The Calgary-based energy infrastructure company launched a strategic review, including seeking potential partners for Heartland, and secured a higher offer from Pembina Pipeline Corp. But Brookfield sweetened its bid and eventually prevailed in a CD8.6 billion deal.

The Alberta plant will convert locally-produced propane into 525,000 metric tons a year of polypropylene, a polymer used to manufacture items including food packaging, textiles, health-care products and medical supplies, the company said. Inter Pipeline has secured contracts for 70% of the plant’s output for an average of nine years, according to the release.

As per MRC, Brookfield Infrastructure Partners’ fourth offer for Inter Pipeline Ltd. has convinced the embattled pipeline company to abandon a friendly deal with rival Pembina Pipeline Corp. in favour of the Toronto-based asset manager. IPL’s move comes after Brookfield Infrastructure Partners earlier this month raised its hostile bid for IPL, and as two shareholder advisory firms advised IPL shareholders against the merger deal with Pembina. Instead of pursuing the merger with Pembina, IPL will now engage with Brookfield “to reach a mutually agreeable transaction”, it said in a filing late on Monday.

Inter Pipeline Ltd is a multinational oil transportation and infrastructure limited company that ranks among North America's leading natural gas production and processing companies. It is one of the top 100 companies in Alberta in terms of earnings and assets.

Pembina Pipeline has been a gas supplier to the North American power system for over 60 years. Pembina owns and operates pipelines that transport a variety of hydrocarbon fluids, including conventional and synthetic crude oil and others, produced in Western Canada and North Dakota.

mrchub.com

A fire that broke out at Equinor's Mongstad oil refinery on Norway's west coast early on Sunday was now extinguished, the company said, affecting the unit producing gasoline, said Reuters.

The fire broke out in a part of the refinery that produces gasoline, Equinor said, adding that the main part of the refinery was still in operation. "The fire is extinguished," said a company spokesperson.

Mongstad is Equinor's largest refinery and has a crude oil and condensate distillation capacity of 226,000 barrels per day.

The wider Mongstad area contains refinery operations, a terminal for crude oil exports as well as other facilities. Staff had been evacuated, with only company employees dealing with the emergency remaining on site, Equinor said. "There is no danger to life nor health," the spokesperson said.

As MRC informed earlier, Equinor's Board of Directors has recently decided to stop new investments into Russia, and to start the process of exiting Equinor’s Russian Joint Ventures (JV). At the end of 2021 Equinor had USD 1.2 billion in non-current assets in Russia. The company expects that the decision to start the process of exiting JVs in Russia will impact the book value of Equinor’s Russian assets and lead to impairments.
mrchub.com

Energies has been awarded a large EPC contract by Hafslund Oslo Celsio, the largest supplier of district heating in Norway, for a world-first carbon capture and storage (CCS) project at waste to energy plant located in Oslo, Norway, said Hydrocarbonprocessing.

The project will be the first full-scale waste-to-energy plant in the world with CO2 capture. 400,000 tons per year of CO2 will be captured, which is the equivalent of the emissions from around 200,000 cars and will reduce Oslo’s emissions by 17%.

As part of the Longship project, the CO2 will then be liquified and exported to Northern Lights which is the first cross-border, open-source CO2 transport and storage infrastructure network. The Carbon Capture plant will use the Shell CANSOLV CO2 Capture System, a state-of-the art amine based technology for the capture of CO2 from the flue gas.

This EPC contract award follows several years of a joint journey with the completion of the design competition, the successful delivery and test of a pilot unit and continuous collaboration between Technip Energies and Hafslund Oslo Celsio to optimize project economics.

Developing, testing and proving this cost-effective solution is the result of a close partnership and co-development with the owner, T.EN and the technology provider.

Arnaud Pieton, CEO of Technip Energies, commented: "We are proud to be entrusted by Hafslund Oslo Celsio to support the development of the first waste-to-energy with Carbon Capture and Storage project in the world. Norway is at the forefront of decarbonization initiatives and, by being part of Hafslund Oslo Celsio project, we will contribute to one of the two projects of Longship, the very first Phase of Northern Lights. We are committed to leverage our strong expertise in CO2 management, our local presence and our alliance with Shell to successfully deliver this groundbreaking project, a key milestone towards a low-carbon future."

As per MRC, Technip Energies has been awarded a large(1) Engineering, Procurement, Construction (EPC) contract by Hafslund Oslo Celsio, the largest supplier of district heating in Norway, for a world-first carbon capture and storage (CCS) project at waste to energy plant located in Oslo, Norway.

As per MRC, TechnipFMC announced the launch of the placement of 16 million Technip Energies shares, representing ca. 9% of Technip Energies’ issued and outstanding share capital, through a private placement by way of an accelerated bookbuild offering. Upon completion of the Placement, TechnipFMC would retain a direct stake of ca. 22% of Technip Energies’ issued and outstanding share capital.
mrchub.com