Refining
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.
Petron chooses CB&I for technology on Philippines refinery upgrading project
CB&I was awarded contracts by Petron to supply sulfur recovery, tail gas treating and hydrogen plant technologies for the Bataan refinery upgrading project (RMP-2) in the Philippines. The project is scheduled for completion in 2013.
Shale plays spark Q3 rise in US oil, gas deals - PwC
The total value of US oil and gas mergers and acquisitions (M&A) during the third quarter of 2011 jumped 135% as foreign investors continued to show interest in the energy sector, especially in taking positions in shale plays and upstream-related assets, according to a new study from global consultancy PricewaterhouseCoopers (PwC).
Cereplast finalizes purchase of Italy bioplastics site
US-based bioplastics firm Cereplast has completed its purchase of a manufacturing plant in Assisi (Cannara), Italy that will serve as the hub for the company's European bioplastics production. Cereplast management said it estimates the total cost of the purchase and refurbishment of the facility will be approximately €12 million.
LUKoil begins $3bn/year investment plan for Russia downstream projects
Russia’s largest private oil company LUKoil has begun construction on a gas processing plant (GPP) included in a gas chemical facility (GCF) in Budyonnovsk, Stavropol Territory, part of the company’s plan to invest $3 billion/year in downstream operations from 2012 through 2014.
BP reaches turning point in oil output, safety - CEO
As BP announced its third-quarter financial results on Tuesday, group CEO Bob Dudley put forther more details on BP’s future direction and strategic priorities, saying the company had reached a clear turning point in oil and gas production.
Statoil extends Aker pact for Norway refinery work
Statoil has exercised its option for a three-year extension of its minor modifications frame agreement with Aker Solutions for the Mongstad refinery, located on Norway's west coast.
Williams to supply pipeline, gas processing for US Gulf development of Hess, Chevron
US natural gas infrastructure company Williams has signed agreements with Hess and Chevron to provide production handling, export pipeline, oil and gas gathering and gas processing services in the Tubular Bells field development located in the eastern deepwater Gulf of Mexico.
GE buys majority stake in US fuel-storage terminals
GE is expanding into petroleum product terminals by investing $85 million to become a majority owner of Lightfoot Capital Partners, the company said on Monday. Lightfoot Capital is the majority-owner of Arc Terminals, which operates petroleum product terminals in eight US states.
Algenol begins construction on Florida bio-refinery
Algenol Biofuels has broken ground on construction of its pilot-scale integrated bio-refinery, which will include the first large-scale deployment of Algenol's patented Direct To Ethanol technology to produce ethanol directly from carbon dioxide, sunlight and salt water using blue-green algae in patented photobioreactors (PBRs).
- 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
