Refining
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.
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.
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