Americas
ABB Customer World: Automation efficiency and the future of operational excellence
HOUSTON -- No matter what industry you work in, improving and instituting automation efficiency can lead to operational excellence. This idea was the theme of Wednesday morning’s keynote presentation “Next level operational excellence: Efficiency in automation” at ABB Customer World 2017.
ABB Customer World: How digitalization is elevating chemical, oil and gas industry processes
HOUSTON -- ABB Customer World 2017 took on a theme during Wednesday’s sessions, focusing heavily on digitalization and how it can be used to “close the loop” and generate customer value.
EIA: Midwest, Rocky Mountain regions' production of transportation fuels meeting more of demand
Changes in North American energy markets over the past decade have strengthened the supply of transportation fuels, including motor gasoline, distillates, and jet fuel, in the Midwest and Rocky Mountain regions, according to a new study commissioned by EIA.
Harmony, NextDecade agree to pursue merger valued at $1 B
New York, NY and The Woodlands, TX -- Harmony Merger Corp. and privately held NextDecade, LLC jointly announced that they have executed a non-binding letter of intent to merge, which would result in NextDecade becoming a publicly listed company. Harmony is a publicly traded special purpose acquisition company whose objective is to take a company public via reverse merger.
US judge denies tribe's request to stop oil flow in Dakota Access pipeline
WASHINGTON (Reuters) -- A US federal judge on Tuesday denied a request by a Native American tribe for an emergency injunction to prevent oil from flowing through part of the Dakota Access Pipeline, saying such a move would be against the public interest.
ABB Customer World: Preparing for the digital revolution
HOUSTON -- Collaboration and connectivity is key within the digital revolution ABB CEO Ulrich Spiesshofer said during the welcome keynote address Tuesday morning at ABB Customer World in Houston.
ABB Customer World: Intelligent projects model is the future of oil and gas project execution
HOUSTON -- Oil and gas projects have been conducted the same way for decades. According to ABB, 64% of projects face cost overruns and over 70% are reporting a schedule delay. This has inevitably led to the pursuit of rethinking the way oil and gas companies conduct projects. This idea was the main topic of Tuesday’s plenary session “Innovation in project execution is causing the chemical, oil and gas industry to think differently” at ABB Customer World 2017.
ABB Customer World: ABB unveils digital solutions portfolio, ABB Ability
HOUSTON -- ABB commercially launched ABB Ability at ABB Customer World 2017 in Houston this week, introducing customers to the new digital solutions portfolio that combines cutting-edge technologies to deliver impressive solutions and services that aid in solving a variety of potential complications faced in utilities, industry, transport and infrastructure.
OPEC says oil stocks still increasing, Saudis raise output
LONDON (Reuters) -- OPEC said on Tuesday oil inventories have risen despite a global deal to cut supply and raised its forecast of production in 2017 from outside the group, suggesting complications in an effort to clear a glut and support prices.
Oil edges off three-month lows, eyes on US inventory
LONDON (Reuters) -- Oil prices recovered modestly from three-month lows on Tuesday, with concerns persisting about rising US inventories and few clear signs that OPEC will extend supply curbs beyond June.
- Wood to design upgrades at Ecopetrol refinery for cleaner fuels production 6/24
- Saudi Arabia's CMDC (BCI group) awards thyssenkrupp nucera key contract for chlor-alkali plant expansion in Jubail 6/24
- Mideast conflict turbocharges diesel prices, squeezing Europe 6/23
- Pertamina is looking to import > 200,000/month of 90-octane gasoline 6/23
- Japan will mitigate potential gasoline price spike, prime minister says 6/23
- Linde to invest $400 MM to build the world-scale air separation unit 6/23
