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Refining

SG Biofuels and Bunge form strategic alliance

SG Biofuels has established a strategic partnership with Bunge North America to research and develop a model to process Jatropha seeds into a biofuel feedstock.

CB&I has Middle East storage contract

CB&I has been awarded a contract, valued in excess of $60 million, by Daewoo Engineering and Construction Co. Ltd. for the construction of several storage tanks for the Ruwais refinery expansion project in Abu Dhabi, UAE.

HHI debuts new FPSO in South Korea

The Usan FPSO can refine 160,000 barrels of oil and 5 million cubic metres of gas daily. It has storage for 2 million barrels of oil. The facility is 320m long, 61m wide, 32m high and weighs 116,000 tons.

Petrobras selects UOP for two new Brazilian refineries

Petrobras has selected UOP to provide all of the process technologies for two new maximum diesel refineries to be built in Brazil.

Dynamic Fuels opens biofuels plant in Louisiana

Operations are underway at the new Dynamic Fuels plant, which is successfully converting animal fats and greases into renewable fuels. Production began in early October and the volume being produced is 2,500 bpd and growing.

European group says biofuels worse than fossil fuels for environment

Plans to increase the use of biofuels in Europe over the next ten years will require up to 69,000 square kilometers of new land worldwide and make climate change worse, according to a recently released study from the Institute for European Environmental Policy.

CB&I has storage tank contract in Abu Dhabi

CB&I has been awarded a contract, valued in excess of $40 million, by Daewoo Engineering and Construction Co. Ltd. for a storage tank project in Abu Dhabi, UAE.

Ivanhoe Energy’s Tamarack project marks major advance

Ivanhoe Energy has completed a major milestone towards commercial production at its Tamarack project with the submission of its regulatory application to the government of Alberta, Canada.

Cobalt Technologies and US Navy to develop military jet fuel

Cobalt Technologies has an agreement with the US Navy to develop technology for the conversion of biobutanol into full performance jet and diesel fuels.

Geo Point Technologies buys Kazakh oil refinery

Geo Point Technologies has officially entered the oil refining business in an underserved region of the world with the completed acquisition of GSM Oil Holdings. GSM recently acquired Sinur Oil, which owns and operates an oil refinery in Karatau, Kazakhstan.