Americas
HP Viewpoint: Opportunities of abundance: How shale gas changes the energy landscape
Today’s reality is that the US has enough natural gas to meet growing demand, allowing the country to focus on domestic uses and export possibilities.
HP Viewpoint: Cautious optimism for growth seen in US natural gas market
With the advantages of a large resource base, relatively reasonable costs, and environmental pressures on competing fuels, such optimism is justified. However, the industry’s hopes are not guaranteed to be fulfilled.
HP Viewpoint: LNG’s future: Branching out
The liquefied natural gas (LNG) industry is mature and poised to branch out in many new directions in the coming decades as it continues to grow in capacity.
HP Construction: North America
BioAmber and Mitsui & Co. have partnered to build and operate a manufacturing facility in Sarnia, Ontario, Canada. The initial phase of the facility is expected to produce 17,000 metric tons of biosuc..
HP Construction: South America
MODEC, Inc., has commissioned a UOP Separex membrane system for processing natural gas on a new floating production, storage and offloading (FPSO) vessel. The FPSO is using the Honeywell UOP Separex m..
US oil demand fell in November on lower gasoline consumption - API
Total US petroleum deliveries (a measure of demand) fell 1.1% in November compared with November a year ago, pulled down by a 1.8% decline in motor gasoline demand to an 11-year low for the month, according to a monthly report from the American Petroleum Institute (API).
US refining profits poised to drop in 2012
As a WTI cost advantage fades, the sluggish US economy will play a bigger role in profits made from the sale of refined petroleum products.
Chesapeake Midstream to buy Chesapeake Energy Marcellus shale assets
Chesapeake Midstream Partners agreed to buy midstream assets in the Marcellus Shale ultimately owned by Chesapeake Energy Corp. for $865 million. The acquired unit gives Chesapeake Midstream a 47% holding of an integrated system of assets consisting of about 200 miles of gathering pipeline in the Marcellus Shale.
Petrobras says one dead, two injured from Brazil rig accident
Petrobras said a worker died and two were slightly injured in an accident on the company's PUB-03 oil rig in offshore waters in Rio Grande do Norte state, northeast Brazil on the night of Dec. 26.
Petrobras halts some Reduc refinery ops after fire
Brazilian state-controlled oil producer Petroleo Brasileiro, or Petrobras, said it halted operations at a distilling unit at its Duque de Caxias, or Reduc, oil refinery in Rio de Janeiro state Monday due to a small fire. The incident won't cause any shortfall in products output.
- Argentina raises biofuel prices for domestic market 7/14
- Technip Energies' develops low-emission furnace design to reduce the carbon footprint of ethylene production 7/14
- Biofuel demand to soak up more than half of U.S. soyoil production next year, USDA says 7/14
- Russia's June seaborne oil product exports down 3.4% m/m 7/14
- Serbia seeks fifth U.S. sanctions waiver for Russian-owned oil firm NIS 7/14
- EIA: U.S. hydrocarbon production supported by export growth in long-term projections 7/14
