Refining
Butamax disputes Gevo bio-isobutanol patent suit
Butamax Advanced Biofuels is disputing allegations of patent infringement on bio-based isobutanol from rival producer Gevo. “Gevo’s lawsuit against Butamax is baseless and irresponsible” said Paul Beckwith, CEO of Butamax. “When Butamax makes isobutanol, we do not use the technology claimed in the Gevo patents.
BP given brunt of blame in final Gulf oil spill report
A final investigation report released by US regulators on Wednesday found BP largely at fault in the Deepwater Horizon rig explosion and resulting oil spill in April 2010.
Shell mulls new Louisiana-to-Texas crude pipeline
Shell Pipeline Co. is considering building a new pipeline segment (Westward Ho) to move crude from St. James, Louisiana to the Golden Triangle area of southeast Texas, the company said on Wednesday.
IEA cuts global oil demand outlook, citing economy
Market observers are puzzled over the ‘paradox’ of weakening economic growth and oil demand indicators on one hand and $110/bbl crude on the other, according to the International Energy Agency (IEA), which on Tuesday cut forecasts for oil demand growth in 2011 and 2012.
Gevo wins US patents for bio-isobutanol production
Advanced biofuels firm Gevo received two patents from the US Patent and Trademark Office (USPTO) on technologies that enable the low-cost, high-yield production of bio-based isobutanol.
Enbridge to twin its Canada oil sands pipeline
Enbridge will twin the southern section of its Athabasca Pipeline from Kirby Lake, Alberta, to the crude oil hub in Hardisty, Alberta, at an estimated cost of approximately $1.2 billion. The twin line will initially add approximately 450,000 bpd of capacity between these points, with low-cost expansion potential to 800,000 bpd, the company said.
Gulf oil production returns to near normal after Lee
Offshore oil and gas operators in the Gulf of Mexico are re-boarding platforms and rigs and restoring production following Tropical Storm Lee, with production in the region returning to near normal after being more than 60% shut earlier in the week. However, another storm may loom in the near future.
US refiners note security upgrades as 9/11 nears
American fuel and petrochemical manufacturers have made major improvements in security to protect their facilities against possible terrorist attacks since Sept. 11, 2001, National Petrochemical & Refiners Association (NPRA) president Charles T. Drevna said on Friday.
NPRA blasts Obama on jobs, seeks less regulation
The US-based National Petrochemical & Refiners Association (NPRA) sharply criticized Thursday’s speech from President Barack Obama on creating jobs in the US, asking for relief from “unwarranted regulatory burdens”.
Gevo, Mansfield Oil align on isobutanol fuel project
US-based advanced biofuels firm Gevo has entered into a strategic marketing alliance with Mansfield Oil to distribute isobutanol-based fuel into the petroleum market.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announces $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
