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Europe

Neste Oil and ADNOC partner in VHVI base oils

Finland's Neste Oil and Abu Dhabi National Oil Co. (ADNOC) have entered into a partnership concerning very high viscosity index (VHVI ) base oils.

Study confirms viability of Jatropha plant oil for power generation

SG Biofuels and Brookhaven National Laboratory (BNL) have released results of a study revealing the performance and emissions benefits of using Jatropha oil as a drop-in replacement for diesel fuel in industrial furnaces used for electric power generation and industrial heating

Saudi Aramco awards EPM contracts to consortiums

Saudi Aramco has signed two engineering and project management services contracts as part of its General Engineering Services Plus (GES+) initiative.

$8.8 billion for FGD systems market in 2011

Coal-fired power plant operators will complete investments of $8.8 billion for flue gas desulfurization (FGD) systems starting operation in 2011. The investment in 2012 will be down and will bounce back in 2013.

Classification guidelines for LNG carriers and FPUs

Classification societies Bureau Veritas (BV) and Russian Maritime Register of Shipping (RS) have signed a three-year cooperation agreement covering the development of joint guidelines for LNG carriers and offshore floating production units (FPUs).

Shell receives offer for Stanlow refinery in the UK

Shell today confirmed it has received an offer from Essar Energy to buy its 272,000 bpd Stanlow refinery and associated local marketing businesses in the UK for a total expected consideration of some $1.3 billion.

Total sells stake in Spanish company to Abu Dhabi entity

Total and IPIC have signed an agreement whereby Total will sell its 48.83% share in the capital of CEPSA. IPIC, a wholly owned entity of the Abu Dhabi government, is currently a shareholder of CEPSA with a stake of 47.06%.

New technology for removal of carbon dioxide from natural gas

The Japanese companies JGC Corp. and I NPEX Corp. jointly with BASF SE have successfully completed tests of a new technology for the removal of carbon dioxide (CO2) from natural gas under high pressure.

Mubarak exits stage right

What will this mean for IOCs doing business in the region?

Honeywell forms new advanced solutions business

Honeywell has formed a new business focused on providing advanced open software and services to the process industries. By integrating the open connectivity and broad platform capability of its Matrikon acquisition with its applications and solutions business, Honeywell’s new business can deliver a breadth of solutions.