Europe
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.
Foster Wheeler wins Spanish engineering award for refinery expansion work
Foster Wheeler won the 2010 national prize in industrial engineering from the Spanish National Society of Professional Industrial Engineers for refinery expansion work completed for Repsol Petróleo S.A. in Cartagena (Murcia), Spain.
Dow to form carbon fiber JV with Turkey's Aksa
Dow Chemical, through its wholly-owned subsidiary Dow Europe GmbH, said it plans to form a joint venture to manufacture and globally commercialize carbon fiber and derivatives with Turkey’s Aksa Akrilik Kimya Sanayii A.Ş. (Aksa).
Chevron refinery fire in Wales kills four workers
A storage tank explosion at Chevron’s Pembroke refinery in southwest Wales, UK, caused a fire, killing four contractors and seriously injuring another, officials said on Friday.
NOx control market to hit record level in 2011 – consultants
The market for selective catalytic reduction (SCR) systems and replacement catalysts will reach a record $7.6 billion in 2011, according to the latest forecast from US-based consultancy McIlvaine Co.
- 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
- Pertamina and CRecTech sign MoU to explore pilot biogas-to-biomethanol facility in SEZ, Indonesia 4/10
- Shell Chemicals and Syensqo partner to deliver low-carbon ethylene oxide solutions 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
