Europe
Repsol likely to sell global LNG assets to Shell
Repsol was initially looking to raise some €3 billion via the sale, but the final figure could be much lower, in the ballpark of €2 billion. The LNG assets are located in Peru, Trinidad and Tobago, Canada and Spain.
Norway to review security at oil, gas facilities after terrorist attack in Algeria
The comments from the minister of petroleum and energy illustrate how the attack in Algeria, which caused the deaths of at least 37 foreign workers and was of a scale and ferocity not previously seen on oil facilities in that region, has forced a broad reappraisal of energy industry security in other countries.
CB&I wins Denmark gas processing project work
The scope of CB&I's current project includes a crude oil stabilization unit, gas processing units and LPG storage and transfer facilities. The operation is scheduled to start up during 2015, the companies said.
IEA raises forecast for global oil demand in 2013, citing strength in China
In China, which alone accounted for two-thirds of total oil demand growth in the four years to 2011, infrastructure spending, stronger electricity use and increased rail usage could underpin an increase in demand, the IEA said. In Europe, however, the picture still remains bleak.
Bechtel awarded FEED work for Mozambique LNG
Bechtel is developing a design for a multi-train liquefaction plant with a nominal train capacity of 5 million tpy of LNG, and an overall LNG park plan that will allow for future expansion of the facility to approximately 50 million tpy. First commercial LNG sales from the facility are planned for 2018.
RWE, Shell launch integrated sulfur, carbon capture plant at UK power station
RWE reported capturing the first tonne of CO2 at the joint demonstration plant. The announcement of ‘first capture’ highlights the successful commissioning of the ground-breaking regenerable carbon capture testing campaign, which will see 90% of CO2 captured and essentially all SO2 captured.
Neste Oil joins EU renewable aviation fuels project
Rather than aiming for any commercial gain from the project, the members of the consortium will focus on building up common research and test data on the use of renewable aviation fuel, in areas such as logistics and the practical issues related to fueling associated with scheduled flights in Europe.
KBR wins engineer work on new Cambodia refinery
Under the terms of the contract, KBR said it will provide licensing and basic engineering services for the 1.2 million tpy VCC unit that will process refinery vacuum residues into naphtha and Euro 5 diesel products. CPC is the first refinery in Cambodia, with a crude capacity of 5 million tpy.
BP outlook shows North America shale oil boom putting pressure on OPEC
BP's forecasts illustrate the extent to which the North American boom, first in shale gas production and now in shale oil, has redrawn the global energy map. However, the company doesn't expect the shale revolution to spread by 2030 on any great scale to Asia or Europe.
KBR to revamp, expand Hungary ammonia plant
As a leading supplier of ammonia process technologies, KBR has been involved in the licensing, design, engineering and/or construction of more than 200 ammonia plants worldwide, representing approximately half of current global ammonia production. Financial terms were not disclosed.
- Chiyoda, AVEVA forge strategic partnership to power plantOS with AVEVA CONNECT 6/27
- SABIC announces closure of Olefins 6 facility in Teesside, UK 6/27
- LyondellBasell's polyolefin technologies selected by SHCCIG Yulin for petrochemicals complex in China 6/27
- Damaged unit of Iran's South Pars refinery back operating 6/27
- hte conducts research for JGC to advance decarbonization by identifying suitable catalysts for ammonia cracking 6/26
- TES and CPC Finland to develop 500-MW e-NG project in Finland 6/26
