Refining
Marathon Oil to buy $3.5 billion in Eagle Ford shale
Marathon Oil reached an agreement with Hilcorp Resources to purchase assets in the core of the Eagle Ford shale formation in Texas for $3.5 billion, subject to closing adjustments, customary terms and conditions.
LyondellBasell will seek sale of France refinery, turns site focus to petrochemicals
LyondellBasell is attempting to sell its 105,000 bpd refinery at Berre, France, as part of a plan to focus on petrochemical assets at that location.
Fluor wins engineering excellence award for Spain refinery expansion
Fluor said on Tuesday that it was awarded the 2010 national prize for industrial engineering by Spain’s National Society of Professional Industrial Engineers.
Mexico oil firm PEMEX picks McDermott to build three Gulf pipelines
Engineering firm McDermott has been awarded a contract from Mexican energy major PEMEX for the procurement, construction and installation of three oil and gas pipelines in the Bay of Campeche, each ranging from 8 to 20 inches in diameter.
Offshore advances make Gulf drilling safe - API
The US should more quickly issue permits for offshore drilling in the Gulf of Mexico as the industry has taken considerable steps to improve its safety practices, American Petroleum Institute CEO Jack Gerard said in a recent conference address.
Age of pipeline systems unrelated to spill risk – new European study
European environmental and safety group CONCAWE recently released results of a new study, showing that there is no evidence that the aging of a pipeline system poses any greater level of spillage risk.
New US bill seeks longer biofuels contracts
Extended purchasing contracts for advanced biofuels from the US Department of Defense (DOD) could help companies unlock more investment opportunities to build biorefineries, a biotechnology trade group said on Friday.
Aker Solutions wins offshore loading systems contracts in Brazil
Aker Solutions has won two contracts worth 120 million NOK ($21.8 million) for the supply of its Pusnes offloading systems to two FPSOs in the Brazilian market.
CB&I awarded $150mn engineering deal for UK Golden Eagle offshore platforms
CB&I said Thursday that it was awarded a $150mn contract by Nexen Petroleum for the detailed engineering of two fixed platforms for the Golden Eagle field in the UK sector of the North Sea.
Air Products inks deals with Valero, Denbury for carbon capture project in Texas
US industrial gases major Air Products has signed agreements with Valero Energy and Denbury Onshore to proceed with a planned carbon capture and sequestration project in Port Arthur, Texas.
- Hydrogen in aviation offers potential for growth and deeper emissions reductions, new study shows 12/9
- EnerMech awarded pre-commissioning scope from Bechtel for Woodside’s Pluto LNG 2 facility 12/9
- Borouge and Borealis launch Recleo™, a global brand for cost-effective mechanically recycled solutions 12/9
- Topsoe and Carbon Neutral Fuels partner to advance e-SAF with SOEC electrolyzer technology 12/9
- IATA: SAF production growth rate is slowing 12/9
- HyOrc secures 10-yr offtake commitment for green methanol pilot 12/9
