Americas
ABB Customer World: Preparing for the digital revolution
HOUSTON -- Collaboration and connectivity is key within the digital revolution ABB CEO Ulrich Spiesshofer said during the welcome keynote address Tuesday morning at ABB Customer World in Houston.
ABB Customer World: Intelligent projects model is the future of oil and gas project execution
HOUSTON -- Oil and gas projects have been conducted the same way for decades. According to ABB, 64% of projects face cost overruns and over 70% are reporting a schedule delay. This has inevitably led to the pursuit of rethinking the way oil and gas companies conduct projects. This idea was the main topic of Tuesday’s plenary session “Innovation in project execution is causing the chemical, oil and gas industry to think differently” at ABB Customer World 2017.
ABB Customer World: ABB unveils digital solutions portfolio, ABB Ability
HOUSTON -- ABB commercially launched ABB Ability at ABB Customer World 2017 in Houston this week, introducing customers to the new digital solutions portfolio that combines cutting-edge technologies to deliver impressive solutions and services that aid in solving a variety of potential complications faced in utilities, industry, transport and infrastructure.
OPEC says oil stocks still increasing, Saudis raise output
LONDON (Reuters) -- OPEC said on Tuesday oil inventories have risen despite a global deal to cut supply and raised its forecast of production in 2017 from outside the group, suggesting complications in an effort to clear a glut and support prices.
Oil edges off three-month lows, eyes on US inventory
LONDON (Reuters) -- Oil prices recovered modestly from three-month lows on Tuesday, with concerns persisting about rising US inventories and few clear signs that OPEC will extend supply curbs beyond June.
Colombian officials probed for overspending on Reficar refinery
BOGOTA (Reuters) -- Dozens of Colombian officials, including Finance Minister Mauricio Cardenas, are being investigated for overspending of about $6 billion during the renovation of state oil company Ecopetrol's refinery Reficar, the comptroller general's office said on Monday.
KPE to provide FCCU consulting services to Gulf Coast refiner
KP Engineering will provide process engineering services in support of a Cold Eyes Review of the Fluidized Catalytic Cracking Unit (FCCU) for one of the largest refineries in the Unites States.
Ethanol train derails in Iowa, catches fire with no injuries reported
NEW YORK (Reuters) -- More than two dozen tank cars hauling ethanol derailed Friday morning in northwestern Iowa, causing some to catch fire and sending an unknown volume of the biofuel into a nearby creek, officials said.
CERAWeek '17: Canadian PM reiterates close US relationship
Speaking fluently in both English and French, Canadian Prime Minister Justin Trudeau wrapped up his visit to CERAWeek by IHS Markit in Houston with a press conference in which he reiterated the close relationship between the US and Canada.
API: State of Energy in Colorado event highlights state’s role in US energy renaissance
DENVER – The Colorado Petroleum Council hosted the second annual State of Energy in Colorado event in Denver to discuss the future of oil and natural gas development in Colorado with American Petroleum Institute President and CEO Jack Gerard, Governor John Hickenlooper, and Mayor Michael Hancock.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
