Americas
CERAWeek '12: US shale board talks fracking feud, hypes water management
Members and associates of the US Shale Gas Advisory Board (SGAB) opened the CERAWeek conference by sharing thoughts on the controversies and challenges surrounding shale gas and oil development.
Fluor to design, build Joule US renewable fuel plant
Fluor was awarded an engineering, procurement and construction management (EPCM) contract by Joule to design and build a renewable fuel production facility in New Mexico. Financial details were not disclosed.
Car accident shuts major US oil pipeline for days
A major oil pipeline will be shut down for several days after a spill and fire near Chicago caused by a freak car accident. The pipeline was shut down within hours of the accident early Saturday morning and will remain shut down until Thursday morning, an Enbridge spokeswoman said.
Petrobras starts third train at Sabalo natural gas processing plant in Bolivia
Petrobras said Monday it has started a third train at the Sabalo natural gas processing plant in Bolivia, part of an expansion at the country's San Antonio exploration block. Total investments for the second development phase will be about $300 million, the company added.
HB Fuller acquires global industrial adhesives business of Forbo
HB Fuller has completed the acquisition of the global industrial adhesives business of Forbo Group, the company said on Monday. The unit generated approximately $580 million in revenue for the fiscal year ended Dec. 31, 2011 and operates 17 manufacturing facilities in 10 countries.
BP reaches $7.8bn settlement over Gulf oil spill
BP says it has reached a settlement with the Plaintiffs' Steering Committee (PSC), subject to final written agreement, to resolve the majority of economic loss and medical claims stemming from the Deepwater Horizon accident and oil spill. The cost is approximately $7.8 billion, the company said.
BP shuts down Alaska oil processing hub after fire
BP said late Thursday it has shut down an oil-processing center at Alaska's Prudhoe Bay oil field, following a fire. No one was injured and the fire extinguished itself, according to the company. Fire crews found little or no damage inside the building, but facility managers decided to shut down the plant.
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- Indonesia's Pertamina to merge refinery, shipping and retail operations 9/12
- BlackRock-led group in talks to raise around $10.3 billion for Aramco deal 9/12
- ABS approves blue ammonia FPSO concept from SBM Offshore 9/12
- Pakistan's top refiner Cnergyico to boost fuel oil exports as domestic sales plummet 9/12
- E20 fuel safe but curbs vehicle performance, Mahindra executive says 9/12
- Canada may drop oil emissions cap as part of new climate plan 9/12
