Refining
HP Construction: Europe
Lummus Technology, a CB&I company, has been awarded a contract by CJSC Vostochnaya Neftechimicheskaya (VNHK), a subsidiary of OJSC Rosneft, for the license and basic engineering of a naphtha steam-cra..
HP Construction: Middle East
The State of Qatar’s Minister of Energy and Industry, Dr. Mohammed bin Saleh Al-Sada, and Shell’s CEO, Peter Voser, have signed an agreement to develop a world-scale petrochemicals complex i..
HP Construction: Asia-Pacific
The Linde Group is set to build and operate a new hydrogen plant in the Jilin Chemical Industrial Park (JCIP) in northeast China. The company will be investing around €42 million in the first pha..
HP Impact: Bio-based polymers could be next big thing
Biofuels and bio-based chemicals have been promoted as a potential solution for dependence on petroleum. They also have favorable greenhouse gas emissions compared to fossil fuels and petrochemicals b..
HP Innovations: HPInnovations
AESSEAL wins big at IMechE awards   Fig. 1. Award-winning   AESSEAL offers a wide range   of products. The UK-based mechanical seals manufacturer was nominated for seven out o..
Argentina to push oil companies to invest more
Governors from Argentina's top 10 oil-producing provinces will meet next week in a bid to push oil and gas companies to increase oil and gas output. In a speech last week, Argentine President Cristina Kirchner bashed the industry for declining output and called on oil companies to boost production.
ExxonMobil licenses technology on oil sands steam injection to Baker Hughes
ExxonMobil has awarded the first license for its patented steam injection system and production method to Baker Hughes to improve the efficiency of in-situ oil sands projects. The technology provides more effective regulation and distribution of steam in long horizontal wells.
Foster Wheeler to study refinery modernization project in Albania
Foster Wheeler was awarded a feasibility study by Albanian Refining & Marketing of Oil sh.a. (ARMO) relating to the modernization of two refineries, located at Ballsh and Fier in Albania. The study is expected to be completed by mid-2012, and its contract value was not disclosed.
Shell CEO says Arctic focus on Alaska, Greenland
Shell’s plans to drill for oil and gas in the Arctic region will be centered on Alaska and Greenland, though the Anglo-Dutch major is also eyeing Russia's far north as an exploration frontier, said CEO Peter Voser. Vast hydrocarbon reserves are believed to lie off the coast of Greenland.
ERG sells 20% stake in Italian ISAB refinery venture to partner Lukoil
Italian refiner ERG will sell a 20% stake in its ISAB refinery joint venture to Russia-based partner Lukoil. The companies agreed to the ISAB venture in 2008, under which the Sicily-based refinery has a capacity of roughly 320,000 bpd. ERG will own 20% of the refinery, with Lukoil owning the other 80%.
- Sinopec, Aramco start building $10-B petchem complex in China's Fujian province 11/18
- Clariant EnviCat N2O-S catalyst to cut CO2eq by 690,000 tpy at Hengli’s nitric acid plant in China 11/18
- Russia's Ilsky refinery has asked for gov't help over high rates, modernization 11/18
- North Dakota (U.S.) approves Summit Carbon pipeline permit 11/18
- China's oil refinery output falls from a year ago for a seventh month 11/18
- European oil giants step back from renewables path 11/18