Americas
Mexico needs new oil investment to avoid becoming net importer by 2020 - study
Without sufficient investments in upstream oil field activities utilizing new and advanced technologies, Mexico faces the prospect of becoming a net oil importer in 10 years, according to a new research study.
Record US natural gas demand in 2010 boosts growth outlook - institute
According to the US Energy Information Administration (EIA), the total of more than 22.1 trillion cubic feet of natural gas demand in 2010 was the highest-ever level in the US - exceeding the previous high point established in 2000 by more than 10%
EIA releases annual US energy outlook, sees strong growth in shale production
The US Energy Information Administration (EIA) this week released the complete version of its 2011 annual energy outlook (AEO2011), which includes 57 sensitivity cases that show how different assumptions regarding market, policy, and technology drivers affect prior projections of energy production, consumption, technology, and market trends.
Albemarle touts new technology to extract lithium from brine, cites growing global market
US specialty chemicals producer Albemarle said on Friday that it has developed a proprietary technology for lithium extraction from brine.
Enbridge plans $175mn expansion of Texas shale transportation infrastructure
Enbridge Energy Partners will invest an additional $175mn to expand its East Texas shale infrastructure, the crude and natural gas transportation services firm said on Friday.
Methanex starts up production in Egypt, Canada
Global methanol producer Methanex said on Thursday that it had started production at its facility in Egypt as well as its Medicine Hat plant in Alberta, Canada, citing strong demand for the chemical.
Dresser-Rand unveils latest module for real-time gas turbine performance monitoring
Dresser-Rand, a global supplier of rotating equipment solutions to the oil, gas, petrochemical, and process industries, has announced the availability of its Envision gas turbine performance module. The module is designed to assist operators and field service personnel in their day-to-day operation of General Electric aero derivative gas turbines, the company said.
Air Products wins railroad safety award for chems
For the third consecutive year, US industrial gases firm Air Products received a Pinnacle Award for chemical transportation safety from Union Pacific Railroad.
Higher oil prices to limit demand growth, economic recovery – Ernst & Young
Unrest in North Africa and the Middle East, coupled with the disaster in Japan, threatens the sustainability of the global economic recovery, but the momentum of growth is thought to be strong enough in most regions to absorb the shocks, according to a quarterly analysis report from business advising firm Ernst & Young.
Valero JV selects Dresser-Rand to supply rotating equipment on renewable diesel project
Dresser-Rand has received an order from Valero’s joint venture company, Diamond Green Diesel, to supply rotating equipment for a new unit that will produce renewable diesel fuel.
- U.S. firms to develop Syria energy masterplan after Trump lifts sanctions 7/18
- Russian seaborne diesel exports for July 1–15 fall 6% month-on-month 7/18
- INEOS invests £30 MM to slash emissions at Hull site by 75% 7/18
- 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
