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Refining

US research center produces first jet fuel from both coal, biomass feedstocks

The Energy & Environmental Research Center (EERC) at the University of North Dakota said its refining technologies have led to a breakthrough in production, creating jet fuel from a combination of both coal and biomass feedstocks.

Celanese boosts planned ethanol capacity in China, accelerates production timetable

Celanese will accelerate its original schedule and begin industrial ethanol production in China earlier and with more capacity than previously announced, the US-based specialty chemicals firm said on Tuesday.

Shell, Sandvik to collaborate on sulfur technology at refinery projects

Shell Global Solutions and AB Sandvik Process Systems have agreed to collaborate on total sulfur technology solutions to their respective clients, particularly in refinery-wide projects, the companies said on Monday.

New diesel hydrotreater from Axens starts up at Ras Tanura refinery

A grassroots diesel hydrotreater unit (Prime-DTM), licensed by Axens, has successfully been put into production at Saudi Aramco’s Ras Tanura refinery, company officials said on Friday.

Sasol takes 50% stake in Canada shale project

Sasol has completed a $1.08 billion deal for a 50% stake in a western Canada shale gas project, the South Africa-based energy firm said on Friday.

DCP Midstream to buy, expand Conoco US pipeline

DCP Midstream has agreed to buy the Seaway Products Pipeline Co. from ConocoPhillips for between $750mn and $850mn, creating new natural gas liquids (NGL) transportation capacity from the US Mid-continent to Texas Gulf coast markets.

Petrobras invests $400mn in biofuels through 2014

Petrobras plans to invest $400 million in biofuels over the next four years, the Brazilian oil giant’s head of technology management said on Thursday.

Lubrizol shareholders approve sale to Berkshire

At a special meeting on Thursday, shareholders of specialty chemicals firm Lubrizol overwhelmingly approved the acquisition of the company by Berkshire Hathaway for $135/share in an all-cash transaction.

Crude oil costs rise as OPEC meeting concludes without production increase

OPEC talks broke down on Wednesday as government officials were unable to convince the cartel to raise production rates.

ExxonMobil makes three oil, gas discoveries as Gulf drilling resumes post-moratorium

ExxonMobil announced two major oil discoveries and a gas discovery in the deepwater Gulf of Mexico after drilling the company's first post-moratorium deepwater exploration well.