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Europe

LNG consortium to build France regasification plant

Engineering firms SENER and Techint have signed a contract with EDF to develop a regasification plant in Dunkerque, France. The firms were awarded the EPC contract as part of the TS LNG consortium made up of SENER and Techint. Specific figures were not disclosed.

BASF raises compounding capacity for engineering plastics in Europe

BASF is increasing its compounding capacities for the engineering plastics Ultramid (polyamide) and Ultradur (PBT: polybutylene terephthalate) at its Schwarzheide site in eastern Germany by 10,000 metric tons/year, the company said on Tuesday.

Shell, Sandvik to collaborate on sulfur technology at refinery projects

Shell Global Solutions and AB Sandvik Process Systems have agreed to collaborate on total sulfur technology solutions to their respective clients, particularly in refinery-wide projects, the companies said on Monday.

Dow opens water technology R&D center in Spain

Dow Water & Process Solutions, a business unit of Dow Chemical, celebrated the grand opening of its Global Water Technology Development Center in a ceremony at the Dow facilities in Tarragona, Spain.

Crude oil costs rise as OPEC meeting concludes without production increase

OPEC talks broke down on Wednesday as government officials were unable to convince the cartel to raise production rates.

Capstone receives order for microturbines from Russian oil firm Tatneft

Capstone Turbine Corp. said it received another follow-on order from the oil and gas industry for its microturbines. The new order is for C600 and C800 power packages from Tatneft, one of the largest Russian oil companies.

BP unveils annual energy review, sees China passing US as top consumer

China became the world’s largest energy consumer in 2010, overtaking the US during a year which saw the global economic recovery drive consumption higher and at a rate not seen since the aftermath of the 1973 oil price shocks, BP said in its annual global energy review.

Italy's Saipem, Japan's Chiyoda agree to JV for LNG, upstream projects

Saipem and Japanese firm Chiyoda Corp. have agreed to form a joint venture to develop onshore liquefied natural gas (LNG) and upstream projects, the companies said on Tuesday.

Statoil sells stake in Norway pipeline JV Gassled

Norway’s oil company Statoil ASA will sell the majority of its stake in gas transportation firm Gassled for 17.35 billion Norwegian kroner ($3.2 billion).

IEA says natural gas entering 'golden age', could muscle out renewables

As supply and demand factors increasingly point to a future with natural gas playing a greater role in the global energy mix, the International Energy Agency (IEA) says natural gas may increasingly “muscle out” low-carbon fuels such as renewables and nuclear.