Middle East
OriginOil announces innovation to increase algae yield
OriginOil, Inc. (OOIL), the developer of a technology to transform algae into a competitor to petroleum, has unveiled Algae Screen, a process that keeps algae healthy and productive by selectively eliminating microscopic predators without the use of chemicals. The technology employs an electromagnetic pulse.
First gas flows from offshore into the Pearl GTL plant in Qatar
Qatar Petroleum (QP) and Shell today announced the first flow of dedicated offshore gas into the Pearl GTL plant located in Ras Laffan Industrial City, Qatar.
Porocel and Inprocat join together
Porocel International and Integrated & Proven Catalyst Technologies (Inprocat) announced today that they have reached a definitive agreement to combine their forces into a joint venture to be called Quanta Technologies, LLC.
Foster Wheeler adds sulfur recovery to its portfolio
Foster Wheeler’s newly acquired sulfur recovery technology brings clear advantages to its refinery customers.
GE introduces new desalter emulsion breaker chemistry
GE today announced it has introduced the next generation of its Embreak emulsion breakers. Coupling the new chemistry for light and medium density crude oils with the first generation heavy crude oil emulsion breakers, GE now offers a full suite of products that span the entire range of crudes, delivering optimal desalter performance, potentially reducing total costs of operation and increasing environmental benefits.
Nuclear disaster will shift $200 billion investment to fossil and renewables
In the next five years over $3 trillion will be invested in dynamic segments of the power, energy and water industries. However, forecasts regarding the division of this investment made just months ago are now revised to reflect lower investment in new nuclear power plants and higher investment in alternatives.
China approves Kuwaiti oil refinery joint project
Beijing officials have approved a bid by Kuwait Petroleum Corp. (KPC) to build an oil refinery in cooperation with China Petroleum and Chemical (Sinopec).
Berkshire Hathaway to acquire Lubrizol
Berkshire Hathaway Inc. and The Lubrizol Corp. announced on March 14 a definitive agreement for Berkshire Hathaway to acquire 100% of outstanding Lubrizol shares for $135 per share in an all-cash transaction.
Jacobs receives contract from Jubail Chemical Industrial Co. in Saudi Arabia
Jacobs Engineering Group Inc. has received an award from the Jubail Chemical Industrial Company Ltd. (JANA) to provide technical and project management services for its existing epichlorohydrin plant expansion and a new epichlorohydrin plant at the Jubail, Saudi Arabia site. JANA is a wholly owned subsidiary of NAMA Chemicals (NAMA).
Japan's refining industry partially closed
Chaos continues as bleak news from Japan streams in from devastated areas
- SkyNRG starts construction on its first SAF plant in Delfzijl, the Netherlands 2/13
- India's Reliance wins U.S. license for Venezuelan oil 2/13
- Singapore light distillates stocks hit over 3-yr high on robust imports 2/13
- Three contractors injured at ExxonMobil facility in Beaumont, Texas (U.S.) 2/13
- China's epic renewables boom lifts it into rare clean capacity club 2/13
- TotalEnergies booked loss in France due to refining activities, CEO says 2/13
