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Refining

Puma Energy buys BP’s Southern African fuel marketing businesses

Puma Energy has signed a deal to acquire BP’s fuel marketing businesses in Botswana, Namibia and Zambia. Puma Energy has also agreed to buy BP’s 50% interest in each of BP Malawi and BP Tanzania, subject to the pre-emption rights of BP’s co-shareholders (Press Corp. Ltd. in Malawi and the Government of Tanzania in Tanzania).

Technip awarded a flare gas recovery contract in Texas

Technip has an engineering, procurement and construction support lumpsum contract with Valero Refining for two flare gas recovery units at its Port Arthur, Texas refinery.

Does the US East Coast face a flood of refined products imports?

During the third quarter of 2010, US refining industry performance declined, relative to the prior quarter, said Baker & O’Brien in a recently released report.

EU-wide study confirms hydrogen is a key to zero-emission road transport

Linde Group shares its perspective on a recently released road-transport study.

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.