Europe
IEA urges fix of renewable energy subsidies
Governments offering financial incentives to renewable energy generation technologies must do more work to make this support more cost effective, the International Energy Agency said Wednesday. Problems can be avoided by quickly adapting subsidy policies as technologies evolve and their costs fall, said the agency.
Emir of Qatar inaugurates Pearl GTL Project
Sheikh Hamad bin Khalifa Al-Thani today officially inaugurated the Pearl Gas-to-Liquids (GTL) Project, the largest GTL plant in the world and the largest energy project in the state of Qatar.
Lukoil boosts fuel quality with new coker
Russia's second-biggest oil firm, Lukoil, recently installed a coking unit at its Volgograd refinery to increase the quality of its fuels.
ABB starts up lube oil blending plant for Petromin
ABB Cellier, a segment of ABB France's Process Automation division, recently launched operations at a new lube oil blending plant for Petromin Corp. in Jeddah, Saudi Arabia.
East West ties up with Halliburton for shale plays
East West Petroleum Corp. announced today that it has entered into a contractual agreement with Halliburton. This collaborative effort will target potentially rich shale plays in North America, Europe and a limited number of other selected geographic areas.
Eastman completes Netherlands resins expansion
Eastman Chemical said Friday that it has completed the expansion of its hydrogenated hydrocarbon resins facility in Middelburg, The Netherlands. With the expansion, the company has doubled capacity at the site since 2006.
Total opposed to proposed EU offshore rules
Stricter offshore regulations proposed by the European Union are unnecessary and will simply add needless bureaucracy to successful safety programs in countries like the UK and Norway, Total SA's head of northern European exploration Patrice de Vivies said Thursday. He said: "Standards in the UK are the best in the world and of course Norway" too.
Praxair to supply oxygen for Uruguay pulp mill
Praxair has signed a 15-year contract to supply oxygen to a new pulp mill complex being built in Punta Pereira, in the department of Colonia, Uruguay. Praxair will build, own and operate a non-cryogenic vacuum-pressure-swing-adsorption (VPSA) plant with a capacity of 126 tpd of gaseous oxygen.
Japan, Russia agree to boost ties, eye LNG project
Japan and Russia signed a memorandum of understanding Saturday aimed at boosting economic relations between the two countries in broad areas including energy, high technology and health care. The two ministers also agreed to work together in a project to build a liquefied natural gas plant in Vladivostok, Russian Far East, for natural gas produced in the island of Sakhalin.
Russia joining World Trade Organization will create export opportunities – Dow CEO
Dow Chemical said on Monday that it applauded the work of the Russian and US governments as well as all members of the World Trade Organization (WTO) in finalizing the technical details of Russia’s joining of the WTO. “This is a tremendous step forward in creating more export opportunities, access to the latest goods, technologies and services, and most importantly, partnerships with foreign investors in the further growth of Russia’s thriving business community,” said Andrew Liveris, Dow CEO.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
