Americas
Shell receives certificate for safe CO2 award
Risk-management services firm DNV recently issued the world's first certificate of fitness for a carbon dioxide (CO2) storage development plan to Shell's Quest carbon capture and storage (CCS) project in Canada.
SABIC creates venture capital arm for technology investment
Saudi Basic Industries Corp. (SABIC) has announced the launch of a new global corporate venture capital arm, SABIC Ventures, in the Netherlands, with the primary goal of seeking out innovative technologies and businesses consistent with the company's global strategy.
Foster Wheeler inks CFB technology license in India
Foster Wheeler announced today that its Global Power Group subsidiary has entered into a 20-year agreement with Essar Projects India Ltd. (EPIL), a subsidiary of Essar Group, to provide a technology license for utility-sized circulating fluidized-bed (CFB) steam generators to be sold in India.
Praxair acquires supplier American Gas Group
Praxair Distribution Inc., a subsidiary of Praxair Inc., has acquired American Gas Group (AGG), a leading supplier of specialty gases worldwide.
Dow Chemical wins top award of US safety council
In recognition of its achievements in workplace safety, community service, environmental stewardship and responsible citizenship, Dow Chemical was awarded with the 2012 Green Cross for Safety Medal from the US National Safety Council, announced on Monday at the 2011 NSC Congress and Expo in Philadelphia.
Enterprise starts new pipeline for Louisiana shale
Enterprise Products says its $1.5 billion, 270-mile Acadian Haynesville Extension pipeline officially begins commercial service on Tuesday. Featuring interconnects with 12 interstate pipeline systems and the only southerly option that avoids potential bottlenecks at the Perryville hub, the Haynesville Extension offers producers flow assurance and market choice to assist in maximizing the value of their natural gas.
Shaw Group may sell energy, chemicals unit - CEO
US-based engineering firm Shaw Group may sell its struggling energy and chemicals (E&C) division, Shaw executives said Monday on a conference call for company earnings. Chief executive Jim Bernhard said his company had “multiple written indications of interest” from potential buyers for the segment.
BlueFire mulls plan for five new US biorefineries
BlueFire Renewables has entered into a memorandum of understanding (MoU) with China Huadian Engineering Co. to finance its integrated power plant and biorefinery in Fulton, Miss., and up to 5 additional plants in the US. The deal also contemplates the formation of a joint venture to develop similar projects in China.
DCP finalizes deal for Conoco pipeline to US Gulf, will convert to NGL service
DCP Midstream has closed on its previously-announced acquisition of the Seaway Products Pipeline Co. from ConocoPhillips. DCP will convert the renamed Southern Hills Pipeline to natural gas liquids service and add extensions to Mont Belvieu, Texas
Study says isobutanol-gasoline blends are superior to ethanol in small engines
In side by side performance, durability and emissions testing of small engines, gasoline blended with isobutanol performed better than blends using ethanol, according to new research from renewable chemicals and advanced biofuels firm Gevo. The results demonstrated that unlike ethanol, blends incorporating isobutanol do not cause any irregular or unstable engine or performance issues.
- Iran conflict disrupts Middle East oil, fuel, LNG 3/2
- Qatar halts LNG output, Saudi refinery, Israeli oil, gas fields shut amid Mideast strikes 3/2
- Iran conflict disrupts oil supply to Asian countries dependent on Middle East 3/2
- Asia's jet fuel, diesel cash premiums hit multi-year highs on Mideast concerns 3/2
- European diesel refining margins surge as U.S.-Iran conflict escalates 3/2
- Small fire under control at Saudi Aramco refinery after apparent drone strike 3/2
