Americas
Solutia closes deal to buy Southwall Technologies
US-based specialty chemicals firm Solutia has completed its previously-announced acquisition of Southwall Technologies, a producer of energy-saving films and glass products for the automotive and architectural markets. The acquisition was completed on Monday with a merger of a subsidiary of Solutia into Southwall.
Chilean power company Colbun considers partner in possible LNG project
Chilean power generator Colbun is considering a partner for a possible liquefied natural gas (LNG) regasification plant, the company's chief executive said. LNG has become an important part of Chile's energy matrix in recent years.
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.
Foster Wheeler wins project management deal for Wyoming gas storage facility
Foster Wheeler has been awarded a contract by Ryckman Creek Resources, a subsidiary of Peregrine Midstream Partners, for project management support for the 35 billion-cubic-foot Ryckman Creek natural gas capacity storage facility. Foster Wheeler upstream's work on the contract is expected to continue through the third quarter of 2012.
Flint Hills celebrates 30 years in Corpus Christi
Since 1981, the year that Flint Hills Resources began operating in Corpus Christi, Texas, more than $3.1 billion in projects have been completed.
Cheniere's second LNG contract fills export capacity target
Cheniere Energy Partners' Sabine Pass Liquefaction subsidiary has entered into a 3.5-metric-MMtpy LNG sale and purchase agreement with Gas Natural Fenosa. The agreement follows on the heels of an $8 billion, 3.5-metric MMtpy agreement between Cheniere and BG Group in October.
SemGroup to expand midstream business with new gas plant
SemGroup Corp. and Exterran Holdings Inc. announced today the development of a new gas processing plant for SemGroup subsidiary SemGas LP.
EPA punts on GHG regs for refineries
The US Environmental Protection Agency was facing a mid-December deadline to propose regulations limiting greenhouse gas emissions from oil refineries. With that date drawing near, the EPA acknowledged it was in a fourth and long situation.
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.
Chevron works to contain oil sheen offshore Brazil
Chevron Corp. recently reported that its subsidiary, Chevron Brasil Upstream Frade, continues to work in partnership with Brazilian government agencies to contain, reduce and eliminate the remaining oil sheen in the vicinity of its Frade field.
- 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
