Americas
Sunoco to sell Ohio phenol plant for $106.5mn
US refiner Sunoco has agreed to sell its phenol manufacturing facility in Haverhill, Ohio, to Haverhill Chemicals, an affiliate of Goradia Capital LLC. Sunoco will sell the facility and the estimated value of the product inventory attributable to the facility for a combined price of approximately $106.5 million, it said.
BASF to raise global capacity for copper catalysts
BASF announced a new round of capital investment projects to increase its production capacity and further enhance its global manufacturing operations for copper and copper-chrome catalysts. These investments are aimed at improving catalyst manufacturing efficiency to meet increased global demand, the company said.
Momentive starts up new production line at Texas oilfield technology complex
The oilfield technology group (OTG) of Momentive Specialty Chemicals started up a new manufacturing production line at its facility in Brady, Texas, to provide additional resin-coated proppants to fracturing service companies and operators in the oil and gas industry.
KBR wins equipment installation deal for Georgia coal-fired power project
KBR has been awarded a contract by Southern Co. for the installation of flue gas desulfurization (FGD) and selective catalytic reduction (SCR) equipment, related ductwork, and auxiliaries at two 880,000 kilowatt coal-fired units at Georgia Power’s Plant Scherer.
PGI Energy acquires Texas oil, gas field
PGI Energy, through its joint venture with Home Creek Energy as operator, has acquired an oil and gas field located in Haskell County, Texas, covering five leases with 11 production wells, 2 injection wells, pumper jacks, tanks, separators, tubing, rods and well equipment.
OriginOil receives new order from MBD Energy for algae-to-oil system
OriginOil, the developer of a technology to extract oil from algae, said it recently received an increased order for a large-scale algae extraction system from MBD Energy, a leading solutions provider in the field of industrial CO2 waste management.
American Petroleum Institute CEO disappointed by US shale gas committee findings
American Petroleum Institute (API) chief executive Jack Gerard welcomed an acknowledgement from the US government subcommittee on shale gas of the economic and energy security benefits of natural gas development, but said the specific recommendations were disappointing and confusing.
US business groups urge Obama to halt EPA's reconsideration of ozone regs
The American Petroleum Institute (API), along with more than 170 businesses and business groups that employ American workers, sent a letter to President Obama urging him to stop the Environmental Protection Agency’s (EPA) voluntary reconsideration of new National Ambient Air Quality Standards (NAAQS) for ground-level ozone.
El Paso Corp. to spin off E&P business in 2011
Natural gas company El Paso Corp. said Thursday that it had taken important steps related to the planned spinoff of its E&P business before year-end 2011. On Thursday, El Paso filed its initial Form 10 with the US Securities and Exchange Commission. This filing provides information about the spinoff and provides a detailed look at all aspects of the E&P business.
W&T closes deal for Shell offshore field in US Gulf, nearby gas processing plant
W&T closes deal for US Shell offshore fields, gas processing plant W&T Offshore has closed its acquisition of Shell’s 64.3% interest in the Fairway Field along with a 64.3% interest in the associated Yellowhammer gas processing plant, with an effective date of September 1, 2010.
- KBR wins FEED contract for KEPPT’s fertilizer facility in Iraq 7/17
- EIA: U.S. crude stockpiles fall as exports rise; fuel demand drops 7/17
- Uruguay SAF project gains momentum with Velocys Onboard as FT licensor 7/17
- Targray teams up with SABA to streamline SAF procurement 7/17
- Moeve and Zaffra sign Memorandum of Understanding to develop eSAF facilities in Spain 7/17
- India's ONGC considers a ~230,000 bpd refinery in Gujarat state 7/17
