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Europe

Neste Oil joins EU renewable aviation fuels project

Rather than aiming for any commercial gain from the project, the members of the consortium will focus on building up common research and test data on the use of renewable aviation fuel, in areas such as logistics and the practical issues related to fueling associated with scheduled flights in Europe.

KBR wins engineer work on new Cambodia refinery

Under the terms of the contract, KBR said it will provide licensing and basic engineering services for the 1.2 million tpy VCC unit that will process refinery vacuum residues into naphtha and Euro 5 diesel products. CPC is the first refinery in Cambodia, with a crude capacity of 5 million tpy.

BP outlook shows North America shale oil boom putting pressure on OPEC

BP's forecasts illustrate the extent to which the North American boom, first in shale gas production and now in shale oil, has redrawn the global energy map. However, the company doesn't expect the shale revolution to spread by 2030 on any great scale to Asia or Europe.

KBR to revamp, expand Hungary ammonia plant

As a leading supplier of ammonia process technologies, KBR has been involved in the licensing, design, engineering and/or construction of more than 200 ammonia plants worldwide, representing approximately half of current global ammonia production. Financial terms were not disclosed.

UK rejects requests to stop Arctic oil, gas drilling

The UK government said that while it recognized the risks of drilling for hydrocarbons in the sensitive Arctic region, high environmental and drilling standards, efforts to enhance oil spill prevention and response mechanisms would be more effective than a complete ban.

Nitrogenmuvek awards work to KBR for revamp of Hungary ammonia plant

As a leading supplier of ammonia process technologies, KBR has been involved in the licensing, design, engineering and/or construction of more than 200 ammonia plants worldwide, representing approximately half of current global ammonia production. Financial terms were not disclosed.

Gazprom poised for weakening European gas sales amid economic woes

Gazprom's sales are likely to fall further in 2013 as weak economic conditions lead to continued low demand in Europe, the company's key market for natural gas. Europe and the FSU remain key markets for Gazprom, which has a monopoly on the export of Russian natural gas.

Essar extinguishes furnace fire at UK refinery

Supplies to customers are being largely maintained to schedule, and Essar says it has plans in place to ensure that remains the case while repairs are made to the unit. The fire at the Stanlow refinery didn't impact the two main crude distillation units or the residue catalytic cracking unit.

Gazprom, Novatek target more Asia LNG shipments

Russian gas giants Gazprom and Novatek recently agreed to construct LNG terminals on the Yamal Peninsula.

Forecast: 1 million new NG-fueled vehicles to hit global roads by 2019

Pike Research recently issued a forecast calling for the sale of nearly 1 million new natural gas-fueled trucks and buses on roads worldwide between 2012 and 2019.