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Americas

Shaw awarded EPC deal for US nuclear plant

The Shaw Group was awarded a contract by an affiliate of American Electric Power (AEP) to provide plant life-cycle management services for the Cook nuclear plant in Bridgman, Mich.

Crude oil costs rise as OPEC meeting concludes without production increase

OPEC talks broke down on Wednesday as government officials were unable to convince the cartel to raise production rates.

ExxonMobil makes three oil, gas discoveries as Gulf drilling resumes post-moratorium

ExxonMobil announced two major oil discoveries and a gas discovery in the deepwater Gulf of Mexico after drilling the company's first post-moratorium deepwater exploration well.

Air Products to expand US nitrogen output, pipeline

Air Products will increase production of ultra high-purity nitrogen and oxygen and expand its nitrogen pipeline serving the electronics industry in Chandler, Ariz., officials said on Wednesday.

BP unveils annual energy review, sees China passing US as top consumer

China became the world’s largest energy consumer in 2010, overtaking the US during a year which saw the global economic recovery drive consumption higher and at a rate not seen since the aftermath of the 1973 oil price shocks, BP said in its annual global energy review.

Shell commits to develop new Gulf deepwater field

Shell on Wednesday announced a $2.5 billion investment to develop its major Cardamom oil and gas field in the deep waters of the Gulf of Mexico. The Cardamom project is expected to produce 50,000 bbl/day of oil equivalent (boe) at peak production and more than 140mn boe over its lifetime.

LyondellBasell to buy Texas olefins pipeline system from BP

LyondellBasell signed a deal to purchase approximately 200 miles of pipeline near Houston from BP. The pipelines and metering stations comprise a Houston-area olefins distribution system transporting ethylene and propylene from Channelview, Texas, to Equistar's storage terminal at Mont Belvieu, Texas, and facilities in Deer Park, La Porte and the Bayport Industrial District in Pasadena, Texas.

IEA says natural gas entering 'golden age', could muscle out renewables

As supply and demand factors increasingly point to a future with natural gas playing a greater role in the global energy mix, the International Energy Agency (IEA) says natural gas may increasingly “muscle out” low-carbon fuels such as renewables and nuclear.

NPRA urges US approval of Keystone XL pipeline

The National Petrochemical & Refiners Association (NPRA) sent a letter to the US State Department urging approval of the Keystone XL pipeline, which would bring oil from Western Canada to US refineries.

Jacobs wins engineering deal for DuPont TiO2 expansion in Mexico

Jacobs Engineering Group announced Tuesday that it received a contract from DuPont Titanium Technologies to provide full engineering procurement and construction management (EPCM) services for the company's Mexico titanium dioxide (TiO2) expansion project.