19 May: downstream announcements

CITGO Petroleum

SA White Oil Company and CITGO Petroleum Corporation have rewarded nearly 500 employees in the Marietta City School District for their care of stranded students during the unexpected January 2014 snowstorm, which stopped buses, closed roads and forced thousands of area students to spend the night in schools. A US$ 25 gift card has been given to each employee.

Kim Gresh, third generation president of S.A. White said, "I was so struck by the commitment of school staff members across the city in the face of such a difficult situation. I wanted to make sure they got the recognition and the thanks they deserve. Their actions speak volumes about the quality of education professionals in Marietta. It was really a privilege to recognise the selfless actions of these individuals."

Ivanhoe Energy

Ivanhoe Energy Inc., has announced the appointment of Greg Phaneuf to Senior Vice President, Finance and CFO, effective 1 June 2014. Phaneuf brings 23 years of experience in the financial and energy sectors. Prior to his four years at Ivanhoe in the role of Senior Vice President, Business Development and Corporate Strategy, he was Vice President Corporate Development for The Churchill Corporation.

Carlos A. Cabrera, Executive Chariman said, "Greg brings important expertise to the office of the CFO for Ivanhoe Energy. His financial experience and knowledge of our company will be invaluable as we work to deliver our plan and build value for all of Ivanhoe’s stakeholders."

Lucid Energy Group

Lucid Energy Group, LLC, has purchased a new cryogenic processing plant that will be located 10 miles southeast of the town of Big Lake in Reagan County, Texas. This strategic location is in the heart of the Permian’s Midland Basin. Manufactured by UOP Russell, the Big Lake Plant has a natural gas processing capacity of 200 million ft³/d and will bring Lucid’s total processing capacity in the Midland Basin to 320 million ft³/d. The Big Lake Plant will continue to Lucid’s 450 mile pipeline system and support natural gas production from the Wolfcamp Shale in Irion, Reagan and Crockett counties. Construction is underway and the plant is expected to be in service in the first quarter of next year.

Big Lake will be the third natural gas processing plant that Lucid has constructed since the company started operating in the Permian Basin less than two years ago. The facility will be located near the centre of volume growth on Lucid’s rapidly expanding gas gathering system and in close proximity to multiple residue gas and natural gas liquids markets. The Big Lake Plant will connect to Lucid’s existing high pressure gas header system, which reaches across five counties to the Midland Basin.

TruStar Energy

TruStar Energy has announced the opening of JJ Taylor’s second compressed natural gas (CNG) fuelling station in Florida at the Fort Myers location. This is the second TruStar Energy designed, owned and maintained station built for JJ Taylor. The first station is in Tampa, Florida and was brought online two years ago. The station has been fuelling their fleet as well as vehicles from local refuse haulers in the Tampa area. The Fort Myers station is similar to their Tampa fast fill station, but has additional time fill posts to accommodate their 10 new Freightliner Cascadia tractors.

Scott Edelbach, VP, TruStar Energy said, "JJ Taylor was among the first beverage distributors in the country to migrate their fleet to CNG. After witnessing first hand the benefits, in terms of operating costs and bottom line savings, they asked us to build a station at their Ft. Myers distribution centre."

Edited from various sources by Claira Lloyd.

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/19052014/downstream_announcements_usa_19_may550/