Europe
HP Industry Perspectives: Is the glass half full or half empty?
This year is nearly half over; however, the energy industry is more optimistic about the market and economy according to Ernst & Young’s (EY’s) recent 10th biannual Oil and Gas Capital Confi..
HP Industry Metrics
The total liquid supply growth by non-OPEC countries continues to rise and is estimated to reach 54 million bpd (MMbpd) in 2014. Increasing crude oil supplies from North America are contributing to sh..
China: The next shale gas boom
The shale gas boom has largely been associated with North America. The luck of this region regarding shale gas is the result of 20 years of hard R&D efforts by Texas oilman George P. Mitchell and the ..
US energy production means new jobs. Are we ready?
At the beginning of this now-not-so-new millennium, the US was faced with great tragedy, a loss of security and uncertainty in the future. Today, the nation has rebounded, thanks to a robust energy se..
Skills shortages in a booming market: The big oil and gas challenge
The strains on labor capacity in oil and gas construction markets worldwide are becoming increasingly well known. These strains continue to affect forecasted project costs, and several large capital p..
Nigeria plans $3.5-billion complex for methanol, urea, gas processing
The project will be the single largest private sector investment in the Niger Delta region, creating 15,000 jobs during the construction phase and over 5,000 permanent jobs upon completion.
Westlake Chemical buys German PVC firm Vinnolit
Vinnolit is an integrated global provider of specialty polyvinyl chloride (PVC) resins. The acquisition price of €490 million will be financed using existing Westlake cash and credit facilities.
Gazprom Neft, SIBUR and Titan Group form Russia polypropylene venture
Under the agreement, Gazprom Neft is to supply Poliom with raw materials (propane propylene fraction from the Omsk refinery), with SIBUR to sell Poliom’s products through its distribution network.
Jacobs wins engineering package from Borealis on Belgium chemical sites
Under the terms of the contract, Jacobs’ scope of work includes study, engineering, procurement, construction management, and personnel support services on a variety of projects.
Metso opens services center in Eastern Germany for valves, field devices
The new service center supports the company's strategy to grow its valve and field device service business globally and strengthens Metso's service capabilities within the German region.
- Chevron Technology Ventures' Catalyst program selects RapiCure 7/15
- GEA promotes more sustainable refinery processes with energy-efficient high-performance decanters 7/15
- Ariel Green pays claim for plastic recycling facility, demonstrating protection for clean energy projects 7/15
- China taps deeper into oil inventories despite biggest drop in refining on record 7/15
- China's Sinopec establishes four business units in major overhaul 7/15
- Japan refiners to diversify crude sources, explore support for Hormuz bypass routes 7/15

