Americas
ExxonMobil, Rosneft agree to $3.2bn Arctic oil deal
Rosneft and ExxonMobil said they have agreed to undertake joint exploration and development of hydrocarbon resources in Russia, the US and other countries throughout the world, while also beginning technology-sharing activities.
Linde to raise nitrogen production at Ohio plant
Linde will upgrade its supply network in the US Midwest by significantly increasing production at its air separation plant in Delta, Ohio. Linde will add a 575 tpd nitrogen liquefier, which will capture spare molecules the plant is already producing, the company said.
BioAmber to build biosuccinic acid plant by 2013 in Sarnia, Ontario
BioAmber has selected Sarnia, Ontario, as the location for its first North American biosuccinic acid plant. The Sarnia plant will have an initial capacity of 17,000 tpy and will be commissioned in 2013.
Petrobras awards Excelerate with Brazil FSRU deal for LNG delivery
Brazil-based oil major Petrobras has awarded Excelerate Energy with a deal to build an advanced floating storage and regasification unit (FSRU). This vessel, designated by Petrobras as VT3, will deliver 20 million cubic meters/day of natural gas to the southeast region of Brazil.
GTC licenses sulfur recovery technology from R&D firm TDA Research
GTC Technology, a licensor of process technologies mass transfer solutions, announced a global technology licensing agreement with TDA Research for sulfur recovery from hydrogen sulfide through catalytic direct oxidation.
Bahamas oil terminals restart after Hurricane Irene
Buckeye Partners initiated start up procedures on Friday at BORCO, its marine terminal in the Bahamas, following the passage of Hurricane Irene. Buckeye had suspended operations at the terminal on Wednesday night as part of its preparations to secure the facility for Irene.
A Schulman to close US engineered plastics plant
Citing an uncertain economy, A Schulman plans to close its engineered plastics plant in Nashville, Tennessee, and consolidate manufacturing to its remaining North American manufacturing sites, the US-based compounder said on Thursday.
Cabot divests supermetals business for $400mn
US-based specialty chemicals and performance materials firm Cabot has agreed to sell its Supermetals business to Global Advanced Metals (GAM) for a minimum of $400 million in total cash consideration, company officials announced on Thursday.
OGT plans October seminar for gas treating issues
Optimized Gas Treating (OGT), developer of the gas-treating process-simulation model ProTreat, will host a workshop-seminar examining complex issues in gas treating. The seminar will be held on Oct. 17-19 in Houston.
Petrochemical demand on decline amid soft global economy - report
Prices for petrochemicals, used as the raw materials for many intermediates, derivatives and downstream chemicals, declined in July, representing the first decrease in 10 months, according to a report issued Wednesday by Fitch Ratings.
- Shell Aviation, Accenture, and Amex GBT expand Avelia into a multi-supplier SAF solution 7/16
- ORLEN and Krajowa Grupa Spożywcza sign MoU to accelerate biomethane production in Poland 7/16
- New plants, U.S. trade worries to drive China's 2025 naphtha imports to record 7/16
- Blue Water significantly reduces CO2 emissions by switching to HVO in port operations 7/16
- Swire Shipping launches new carbon insetting program – ‘Voyage to Zero’ 7/16
- China's surplus crude oil surges in June, giving refiners options 7/16
