Americas
US ethanol groups praise new legislation seeking to promote industry versus imported oil
A pair of ethanol organizations praised new legislation from the US Congress, claiming that such policies are needed to compete with imported oil.
Technip wins EPC deal for Canada subsea project
Technip received a contract from Hibernia Management and Development (HMDC) in Canada for the Hibernia southern extension project.
ExxonMobil shuts parts of two Louisiana crude pipelines amid flooding concerns
ExxonMobil Pipeline Co. has shut down parts of two pipelines in Louisiana amid increased flooding concerns along the Mississippi River, the company said on Friday.
Majority of energy execs see crude exceeding $120/bbl in 2011 - survey
Energy executives expect continued volatility in the price oil for the remainder of the year, with 64% predicting crude prices to exceed $120/bbl in 2011, according to a new survey.
M&G to build new PET, PTA plants on US Gulf coast
Mossi & Ghisolfi (M&G) will build a 1mn tonne/year polyethylene terephthalate (PET) plant along the US Gulf coast with an adjoining 1.2mn tonne/year terephthalic acid (PTA) plant to supply feedstock, company officials said.
Honeywell triples capacity of blowing agent for polystyrene board, notes growing demand
Honeywell has tripled production capacity for its low-global-warming-potential product HFO-1234ze to meet what it says is growing need for the material, used in multiple foam and aerosol applications.
Barge firm Kirby warns of increasing flooding along Mississippi as industry worries continue
US chemical shipper and barge firm Kirby said on Thursday that high water and flooding issues on the Mississippi River may have a greater-than-anticipated earnings impact, adding to logistics concerns for petrochemical and refining companies as rising waters move downstream.
Statoil awards Technip with engineering contract for Brazil offshore work
Statoil has awarded Technip with a three-year contract to cover feasibility, concept and front-end engineering design studies for Statoil’s existing offshore production fields and future developments in Brazil.
NPRA blasts US bill to repeal oil tax breaks as energy execs testify to Senate
The president of the National Petrochemical & Refiners Association (NPRA) spoke out on Thursday against US Senate proposals to eliminate tax breaks for major oil producers, alleging that such policy would give foreign competitors an unfair advantage.
Albemarle acquires biodiesel catalyst firm Catilin
US specialty chemicals firm Albemarle has expanded its presence in the biofuels market by acquiring Catilin, a technology leader in the development and application of heterogeneous biodiesel catalysis.
- Mitsubishi Chemical Group invests in Licella Holdings, oil conversion technology using supercritical water 7/18
- BASF and Equinor sign 10-yr natural gas supply agreement 7/18
- Oil prices rise after new EU sanctions on Russia 7/18
- China's refined oil exports dip 0.6% in June but hit 12-month high 7/18
- What's in the EU's 18th sanctions package against Russia? 7/18
- Shell Catalysts & Technologies, Technip Energies sign global alliance agreement for carbon capture delivery 7/17
