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Refining

Capstone receives order for microturbines from Russian oil firm Tatneft

Capstone Turbine Corp. said it received another follow-on order from the oil and gas industry for its microturbines. The new order is for C600 and C800 power packages from Tatneft, one of the largest Russian oil companies.

BP unveils annual energy review, sees China passing US as top consumer

China became the world’s largest energy consumer in 2010, overtaking the US during a year which saw the global economic recovery drive consumption higher and at a rate not seen since the aftermath of the 1973 oil price shocks, BP said in its annual global energy review.

Shell commits to develop new Gulf deepwater field

Shell on Wednesday announced a $2.5 billion investment to develop its major Cardamom oil and gas field in the deep waters of the Gulf of Mexico. The Cardamom project is expected to produce 50,000 bbl/day of oil equivalent (boe) at peak production and more than 140mn boe over its lifetime.

Statoil sells stake in Norway pipeline JV Gassled

Norway’s oil company Statoil ASA will sell the majority of its stake in gas transportation firm Gassled for 17.35 billion Norwegian kroner ($3.2 billion).

IEA says natural gas entering 'golden age', could muscle out renewables

As supply and demand factors increasingly point to a future with natural gas playing a greater role in the global energy mix, the International Energy Agency (IEA) says natural gas may increasingly “muscle out” low-carbon fuels such as renewables and nuclear.

NPRA urges US approval of Keystone XL pipeline

The National Petrochemical & Refiners Association (NPRA) sent a letter to the US State Department urging approval of the Keystone XL pipeline, which would bring oil from Western Canada to US refineries.

Foster Wheeler wins Spanish engineering award for refinery expansion work

Foster Wheeler won the 2010 national prize in industrial engineering from the Spanish National Society of Professional Industrial Engineers for refinery expansion work completed for Repsol Petróleo S.A. in Cartagena (Murcia), Spain.

Air Products to supply Valero US Gulf refineries with hydrogen, plans new facility

Air Products will supply US refiner Valero with more than 200 million standard cubic feet/day of additional hydrogen for its refineries in St. Charles, Louisiana and Port Arthur, Texas, officials said on Monday.

Chevron refinery fire in Wales kills four workers

A storage tank explosion at Chevron’s Pembroke refinery in southwest Wales, UK, caused a fire, killing four contractors and seriously injuring another, officials said on Friday.

Oil, gas production rates climb for Texas field amid new discoveries

Universal Bioenergy said Friday that joint venture partner Progas Energy Services continues to drill in the Premont Northwest oil and gas field in Jim Wells County, Texas, where it recently discovered more oil and gas and increased well production rates in several new zones.