Middle East
HP Impact: Future bright for molybdenum
Roskill recently released a market outlook on molybdenum. The company expects that molybdenum growth rates will exceed global GDP rates to 2016.Global demand for molybdenum bounced back from the impac..
HP Construction: Middle East
Saipem has signed a lump-sum engineering, procurement and construction (EPC) contract with Saudi Aramco and Sumitomo Chemical for the naphtha and aromatics package of the PETRORabigh II Project, expan..
HP Construction Profile: Texas-based refinery has a long history
The Valero Port Arthur Refinery was commissioned in 1901 and has had many process additions and improvements throughout its history (see pg. 38). In 2001, nearly $850 million was invested in a delayed..
From mill to wing: How waste materials could become the next green aviation fuel
We are in the midst of an energy revolution, with new types of liquid fuels from new sources and an increased supply of traditional fuels unleashed from existing sources thanks to new technologies. Wh..
What you don’t know can hurt you
Be certain systems are safely grounded
Engineering and construction news
CB&I to buy Shaw GroupCB&I has agreed to acquire Shaw Group, a US-based engineering company primarily focused on serving clients in the power generation and government services sector. The acquisition..
Honeywell develops fuel-saving flight management software for airliners
Some estimates place potential benefits at as much as 3% in savings on reduced fuel use. Others project as much as $200,000 in annual savings per plane while cruising long oceanic routes. United Continental Holdings is running demonstration flights to verify such estimates.
BASF joins collaboration to develop bio-acrylic acid
BASF, Cargill and Novozymes recently signed an agreement to develop bio-based technologies to produce acrylic acid from renewable feedstocks. The annual global market volume of acrylic acid is around 4.5 million tons, with a value of $11 billion at the end of 2011.
Saudi Aramco computer network attacked by virus, operations unaffected
The disruption is suspected to be the result of a virus that had infected personal workstations without affecting the primary servers and components of Saudi Aramco's network, the company said on Thursday. Saudi Aramco produced an average of 9.1 million bpd of oil last year.
Materia extends global catalysts distribution pact with Sigma-Aldrich
Materia’s olefin metathesis catalyst technology enables chemical compounds to be synthesized with greater efficiency, under less stringent reaction conditions, and with reduced byproducts and hazardous waste, according to the company. Financial details were not disclosed.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
