Europe
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.
Velan buys 70% stake in Italian valve company ABV
Canada-based industrial valve company Velan has acquired a 70% ownership stake in Italy’s ABV Energy S.p.A., a manufacturer of engineered valves, actuators and control systems supplied to energy markets.
Pump rebuilding by expert non-OEMs is effective
Communication and competence are key in finding the best repair shop for major equipment
- 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
