A really ‘refined’ solution: Rand-Air Durban supplies Class-0 oil-free air to oil refinery shutdowns

While Durban is one of South Africa’s major industrial hubs, it is also home to some of South Africa’s major oil refineries. The fuel and oil from these refineries keep much of South Africa and its economy on the move and flowing smoothly every day. A refinery is a very large and highly complex operation which has been designed to run most of the time with a minimum of supervision. However, usually every two years, oil refineries need to be shut down for a period of intensive maintenance, replacement or…

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Oil resumes drop as demand fears overshadow Iran tanker seizure

Oil has resumed its decline as a sharp drop in the Chinese yuan compounded fears that a deepening trade war will depress demand, countering concerns crude flows may be disrupted following Iran’s seizure of another ship. Futures lost as much as 1.5% in New York. The yuan weakened beyond 7 a dollar for the first time in more than a decade after President Donald Trump said Friday he can raise tariffs on China to a “much higher number.” That followed his threat the day before to increase levies, which spurred…

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China launches world’s first intelligent mega tanker

  An Oil carrier with a capacity of 308,000 tons, amounting to approximately 2.275 million oil barrels is the world’s first intelligent mega tanker, a VLCC, which has been installed with an intelligent operating system and is the first smart carrier in the world. China currently stands as the fourth-largest oil producer in the world, and with the petroleum industry rapidly increasing, it’s easy to see why China has invested in upgrades of marine technology, as demand to supply oil to foreign countries has risen quickly. The new VLCC carrier,…

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Angola looks to benefit from surge in oil prices

INTERNATIONAL – Angola plans to auction nine blocks this year and is seeking to build new refineries as Africa’s second-biggest oil producer looks to benefit from a surge in crude prices that could boost companies’ appetite for investments.The tenders for the offshore areas are part of efforts to lure back global explorers that cut spending after crude crashed in 2014, driving down output in the oil-dependent nation. The nine blocks are located in the Namibe basin, Angolan Oil Minister Diamantino Azevedo said, and are part of 55 that local newspaper…

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OPINION: Rumblings in the belly off the waters of Port Shepstone

CAPE TOWN – Here is an express announcement detailing plans and intent to drill for crude oil on the waters off the coast of Richard Bay all the way down to Port Shepstone in KwaZulu Natal. It arrives at a time when South Africa is gripped in a svengali hold of ever rising fuel prices. And before I get ahead of myself, let’s pay attention to the enormity of the announcement and the implication of what ENI of Italy and Sasol Oil intend to do. Besides, until we resolve the…

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Oil, gas exploration expected to boost economy

Minister of Mineral Resources Gwede Mantashe says the Total Exploration and Production Southern Africa’s deep sea stavenger rig operations in the Western Cape should boost investor confidence and contribute positively to the oceans economy. “If we can discover oil and gas here, that will be a game changer for the country in terms of the economy. We hope that we will discover oil so that we can reduce our dependence on imported crude oil,” Mantashe said. On Saturday, the Minister led a delegation from the Department of Mineral Resources on…

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Yokogawa Wins Control System Order for Water Source Facilities in Northwestern China’s Dushanzi District

Yokogawa Electric Corporation (TOKYO: 6841) announces that its subsidiary, Yokogawa China, has received an order from the Dushanzi Petrochemical Company, a subsidiary of PetroChina Company Limited, to deliver a control system for its water source facilities. This system will monitor and control various water source facilities managed by the Dushanzi Petrochemical Company in the Dushanzi District of Karamay, a city in China’s Xinjiang Uyghur Autonomous Region. The Dushanzi Petrochemical Company manages four sources that annually produce approximately 650 million m3 of water for use by its world-class Dushanzi petrochemical complex…

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Working together to keep oil away from the environment

There has been a fair amount of news about recycling in automotive-related industries. Most of it has been about the demise of Redisa, the tyre recycling agency. But what about waste oil? Those who generate more than 20kg of hazardous waste a day are required to register on the National Waste Information System and to report on the volumes generated and taken away for recycling. Those who fail to comply with the regulations set out by legislation face penalties such as fines or even jail time. It is the legal…

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Yokogawa to Release ProSafe®-RS SIL2 Wireless Gas Detection System

Yokogawa

Offering of a total system solution, including consulting and engineering–   Yokogawa Electric Corporation announces that it will release the ProSafe-RS® SIL2*1 wireless gas detection system in September.   The ProSafe-RS SIL2 wireless gas detection system will consist of a newly enhanced version of the Yokogawa ProSafe-RS SIL3 safety instrumented system (R4.03.10), Yokogawa field wireless network devices, annunciator panels, and GasSecure*2 GS01 or GS01-EA*3 wireless gas detectors.   For this system, Yokogawa will establish a total solution that will include both consulting and engineering.   In energy and basic materials…

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