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Americas

New study shows why US should resist higher energy taxes - API

The US oil and natural gas industry supports 2mn jobs in Texas and 24% of the state’s economy, according to a new study commissioned by API and conducted by PwC (PricewaterhouseCoopers). API president and CEO Jack Gerard said the president and Congress should keep the study’s findings in mind as they debate greater access to domestic oil and natural gas and higher taxes on energy.

PPG closes on $27mn deal for US chlor-alkali producer Equa-Chlor

US chemicals major PPG Industries announced that it completed its acquisition of certain assets of Equa-Chlor, Inc., a Washington-based producer of chlorine, caustic soda and muriatic acid.

Enterprise to extend Texas crude oil pipeline from Eagle Ford shale

Enterprise Products Partners plans to build an 80-mile extension of its 350,000 bpd Eagle Ford shale crude oil pipeline, allowing it to serve growing production areas in the southwestern portion of the play.

Bayer invests $120mn in environmental, safety upgrades at Texas chemical site

Bayer MaterialScience will invest $120mn into environmental and safety improvements at its Baytown chemical site in Texas – the company’s largest US manufacturing facility.

Construction markets show promise, poised for second-half recovery – Foster Wheeler

Global engineering and construction (E&C) markets are showing signs of strengthening, with industry revenues likely to rise in the second half of 2011, the interim chief executive of contractor Foster Wheeler said on Tuesday.

Reduced US EIA budget prompts energy data cuts

Several energy data and analysis reports from the US Energy Information Administration (EIA) will soon be cut amid a reduced budget for the department, officials said.

Foster Wheeler promotes Nield to vice president of project risk management group

Global engineering and construction contractor Foster Wheeler announced that Jon Nield, 47, has been promoted to vice president of the company’s project risk management group (PMRG), effective immediately.

Capstone Turbine receives order for 22 more C65s for Eagle Ford shale use

Capstone Turbine Corp. said on Monday that it received another order for 22 C65 microturbines from one of the world's largest independent oil and natural gas companies.

Technip awarded €100mn EPC contract for Canada oil sands project

France-based Technip said it has been awarded an engineering, procurement and construction (EPC) support contract worth approximately €100mn for the Horizon oil sands project in Fort McMurray, Canada.

Siemens wins supply contracts for topside solutions on FPSO project in Brazil

Siemens Energy has been awarded several contracts for the supply of topside solutions including power generation, water injection and power distribution packages for a Brazilian FPSO (floating, production, storage and offloading) project.