Crude oil
Fluor wins deal from Chevron to expand oil pipeline in Kazakhstan, Russia
Fluor has been awarded a contract by Chevron Neftegaz - one of three project managers engaged by the Caspian Pipeline Consortium - for its recently-announced expansion project. Fluor will provide project services for the marine terminal and supervisory control and data system (SCADA) portions of the Caspian expansion project.
ExxonMobil to sell downstream units in Malaysia
ExxonMobil affiliates have agreed to sell their interest in three businesses operating in the Malaysian downstream petroleum sector to San Miguel Corp. (SMC). The agreement includes ExxonMobil’s 65% stake in the publicly traded company Esso Malaysia Berhad (EMB), which operates the Port Dickson refinery, as well as its wholly-owned ExxonMobil Malaysia Sdn Bhd (EMMSB) and ExxonMobil Borneo Sdn Bhd (EMBSB) affiliates, which are involved in the retail, industrial and wholesale and aviation fuels businesses.
US invests $510m on military, commercial biofuels
President Barack Obama announced that the US Departments of Agriculture, Energy and Navy will invest up to $510 million during the next three years in partnership with the private sector to produce advanced drop-in aviation and marine biofuels to power military and commercial transportation.
Invensys to build integrated refinery information system for Saudi Aramco, Total project
Invensys Operations Management, a global provider of technology systems, software solutions and consulting services to the manufacturing and infrastructure operations industries, said it signed a multi-million dollar contract to implement an integrated refinery information system (IRIS) for Saudi Aramco Total Refining & Petrochemical Co. (SATORP).
Momentive starts up new production line at Texas oilfield technology complex
The oilfield technology group (OTG) of Momentive Specialty Chemicals started up a new manufacturing production line at its facility in Brady, Texas, to provide additional resin-coated proppants to fracturing service companies and operators in the oil and gas industry.
PGI Energy acquires Texas oil, gas field
PGI Energy, through its joint venture with Home Creek Energy as operator, has acquired an oil and gas field located in Haskell County, Texas, covering five leases with 11 production wells, 2 injection wells, pumper jacks, tanks, separators, tubing, rods and well equipment.
OriginOil receives new order from MBD Energy for algae-to-oil system
OriginOil, the developer of a technology to extract oil from algae, said it recently received an increased order for a large-scale algae extraction system from MBD Energy, a leading solutions provider in the field of industrial CO2 waste management.
American Petroleum Institute CEO disappointed by US shale gas committee findings
American Petroleum Institute (API) chief executive Jack Gerard welcomed an acknowledgement from the US government subcommittee on shale gas of the economic and energy security benefits of natural gas development, but said the specific recommendations were disappointing and confusing.
El Paso Corp. to spin off E&P business in 2011
Natural gas company El Paso Corp. said Thursday that it had taken important steps related to the planned spinoff of its E&P business before year-end 2011. On Thursday, El Paso filed its initial Form 10 with the US Securities and Exchange Commission. This filing provides information about the spinoff and provides a detailed look at all aspects of the E&P business.
W&T closes deal for Shell offshore field in US Gulf, nearby gas processing plant
W&T closes deal for US Shell offshore fields, gas processing plant W&T Offshore has closed its acquisition of Shell’s 64.3% interest in the Fairway Field along with a 64.3% interest in the associated Yellowhammer gas processing plant, with an effective date of September 1, 2010.
- Allied Biofuels signs PIA with Uzbekistan to advance $6-B biofuels refinery project 4/10
- Nufarm strengthens strategic collaboration to support long term growth in biofuels production 4/10
- HAMR Energy’s nationally significant fuel projects selected for Australian Government’s Investor Front Door Pilot 4/10
- HD Hyundai Heavy Industries builds world's first ammonia-powered vessel 4/10
- India permits Iranian oil tankers to berth for Reliance 4/10
- TotalEnergies says SATORP refinery in Saudi Arabia damaged after incidents 4/10
