Americas
IEA sees increasing natgas use, warns of high oil prices curbing demand
Annual growth in oil demand could average 1.2 million barrels per day (mb/d) between now and 2016, while natural gas demand could grow by around 500 billion cubic meters – around 2.5 times Russia’s current gas exports – during the same time, according to the International Energy Agency’s (IEA) medium-term oil and gas market outlook.
US law firm to investigate Dow Chemical over alleged pension changes
US class-action law firm Hagens Berman says it will investigate potential claims against Dow Chemical after the company allegedly made substantive changes to its employee pension plan, actions which may violate US federal law.
Energy Transfer to buy Southern Union for $4.2bn, form leading US pipeline company
Energy Transfer (ETE) and Southern Union (SUG) have entered into a merger agreement whereby ETE will buy Southern Union for $7.9 billion, including about $3.7 billion in debt, creating one of the top integrated midstream companies in the US natural gas pipeline industry.
Gevo, Redfield JV to retrofit US ethanol plant to isobutanol
Renewable chemicals and advanced biofuels firm Gevo has formed a joint venture with Redfield Energy to retrofit an existing ethanol plant in Redfield, S.D., into an isobutanol plant with an expected production capacity of 38mn gal/year.
Shaw completes new natgas-fired US power plant
The Shaw Group said Wednesday that it completed construction of a new, 500-megawatt nominal combined-cycle natural gas-fired plant for NV Energy at the existing Harry Allen Generating Station north of Las Vegas.
Multi-Chem reports fire at Louisiana storage site, no one injured
Multi-Chem reported a fire that spread to storage containers at its New Iberia oilfield chemicals site in Louisiana at 3:40 p.m. local time on Tuesday. Multi-Chem said it contacted local and state authorities who are coordinating the emergency response. The company accounted for all facility personnel and there were no injuries reported.
Air Liquide inks deal to supply Valero refineries in Texas with hydrogen
Air Liquide has signed a long-term agreement to supply hydrogen to two Valero refineries in Texas, one in Texas City and the other in Port Arthur.
Air Products buys US semiconductor equipment firm Poly-Flow Engineering
Air Products has acquired the business of Poly-Flow Engineering (PFE), a manufacturer of equipment for the semiconductor industry based in Albuquerque, N.M. Terms of the deal with PFE and its owner Ktech Corporation were not disclosed.
Biodiesel market in US to more than double by 2015 - study
The US biodiesel industry will grow to support more than 74,000 jobs throughout the economy by 2015 while creating some $4 billion in household income, more than doubling current levels, according to an economic study released Tuesday by the National Biodiesel Board (NBB).
US research center produces first jet fuel from both coal, biomass feedstocks
The Energy & Environmental Research Center (EERC) at the University of North Dakota said its refining technologies have led to a breakthrough in production, creating jet fuel from a combination of both coal and biomass feedstocks.
- XRG to expand its global chemicals reach with takeover of Covestro 11/21
- Armstrong International to double heat pump production capacity in Herstal, Belgium 11/21
- U.S. FERC explores blanket authorizations for LNG projects 11/21
- thyssenkrupp Uhde selected by Dangote Fertilizer Ltd. to license four urea granulation units in Nigeria 11/21
- Indian and Chinese refineries are moving to comply with U.S. sanctions on Russia 11/21
- Dynamis Power Solutions awards Baker Hughes with significant order for gas turbine technology to support mobile power for oil and gas applications 11/21
