Americas
HP Construction: South America
Exterran Holdings, Inc., has a contract from Petrobras for the design, fabrication and sale of a major natural gas processing and treating facility in Itau, Bolivia. The facility is a dew-point gas pr..
US sees lower 2011 oil use, becomes net exporter
US oil demand in all of 2011 dropped 1.8%, or by 345,000 bpd, from 2010 to a two-year low of 18.835 million bpd, government data released Wednesday show. US oil output climbed 7.4% to 5.877 million bpd, the highest level since 1999.
Air Products to acquire DuPont stake in US, Taiwan nanomaterials venture
Air Products has agreed to acquire all of DuPont's interest in DuPont Air Products NanoMaterials, the two companies' 50-50 joint venture serving the global semiconductor and wafer polishing industries. The venture state-of-the-art applications and formulation laboratories in the US and Taiwan.
Obama says US reducing dependence on foreign oil
President Barack Obama on Thursday released research that he said showed US dependence on foreign oil shrinking in each year since he took office. Obama then called on Congress to eliminate subsidies to the oil industry.
Canada oil sands producers form alliance to share environmental technology
Canadian oil sands producers have formed a new alliance named Canada's Oil Sands Innovation Alliance (COSIA), seeking to accelerate the pace of improving environmental performance in Canada's oil sands. COSIA also announced Dr. Dan Wicklum as CEO of the new alliance.
Repsol to align with Pemex on downstream work in Americas, Spain, Portugal
Spain-based Repsol signed a strategic industrial alliance with Pemex, for 10 years, looking for synergies and profits in the short and medium term. The agreement involves cooperation in upstream and LNG in the Americas and downstream operations in the Americas, Spain and Portugal.
Natural gas output declines in lower 48 US states
Natural gas output in the Lower 48 US states in December eased 0.2%, or 0.14 billion cubic feet per day, to 72.54 billion cubic feet a day, government data released Wednesday show. The December data predate some modest output cuts unveiled in January as prices hit 10-year lows.
Blackwater to boost storage capacity at Georgia chemical terminal
Blackwater Midstream will add 60,000 barrels of chemical storage capacity at its terminal site in Brunswick, Georgia, the company said on Wednesday. The Brunswick site will grow from its current capacity of 161,000 bbl to a total of 221,000 bbl after construction is completed.
AspenTech buys German firm SolidSim Engineering
Aspen Technology (AspenTech), a producer and distributor of software and services to the process industries, has acquired SolidSim Engineering GmbH, a Germany-based provider of solids process modeling software. Terms of the transaction were not disclosed.
Linn to buy Kansas gas processing plant from BP
BP has agreed to sell its interests in the Jayhawk gas processing plant in Hugoton, Kansas, and associated producing gas fields in Kansas to an affiliate of LINN Energy. The $1.2bn sale is currently expected to complete on March 30, according to the companies.
- Indonesia expects EU to adjust palm oil biofuel stance after EU ruling 1/17
- First-ever ammonia and propane co-loaded vessel completes voyage from U.S. to Europe 1/17
- China's vast refining sector faces shakeout as fuel demand peaks 1/17
- Oman Oil Marketing Co. and TFG Marine establish bunker fuel supply JV 1/17
- Beware Egypt's smokestack onshoring as cement exports surge 1/17
- Petrobras reports record high refinery output in 2024 1/17
