Project Management
BP proceeding with PTA debottlenecking in Guangdong
BP confirmed that it is proceeding with its project for a major increase in purified terephthalic acid (PTA) production capacity at the BP Zhuhai Chemical Co. Ltd. site in Guangdong Province, China. BP is also planning to build a new world-scale PTA plant at the same site.
Mubarak exits stage right
What will this mean for IOCs doing business in the region?
Jacobs acquires most of Aker Solutions' construction business
Jacobs Engineering Group Inc. has completed the acquisition of a number of Aker Solutions' operations within its process and construction (P&C) business area.
Enerkem gets loan guarantee for Mississippi waste-to-fuel biorefinery
Enerkem Corp. has obtained a conditional commitment for an $80 million loan guarantee by the US Department of Agriculture (USDA), for the construction of its waste-to-biofuels project in Pontotoc, Mississippi, which will transform Northeast Mississippi’s municipal solid waste into ethanol.
ONEOK Partners invests in additional natural gas processing plant in North Dakota
ONEOK Partners plans to invest another $260 million to $305 million between now and the end of 2014 for additional projects in the Bakken Shale in the Williston Basin of North Dakota.
Deloitte expands energy analytics capabilities
Deloitte has acquired all of the assets of Altos Management Partners, Inc., a consultancy to energy companies that was founded in 1995, as well as those of MarketPoint, Inc., an Altos sister company best known for MarketBuilder, an analytic suite for energy market modeling and price forecasting.
Marathon splitting in two
The Board of Directors of Marathon Oil Corp. has approved moving forward with plans to spin off Marathon's downstream business, creating two independent energy companies.
Financial news for major energy companies, third quarter 2010
"Financial News for Major Energy Producers (the News)" is a report on the recent financial performance of major US energy producers.
Jacobs to do turnaround work in Newfoundland
Jacobs Engineering Group has received a three year contract from North Atlantic Refining for the provision of turnaround and small capital work services at the company's refinery in Newfoundland, Canada.
Specialty chemical plant being built in Louisiana
Myriant Technologies, through its wholly-owned subsidiary Myriant Lake Providence Inc., will soon begin building a new 392,000-square-foot plant at the Port of Lake Providence, Louisiana. Myrant hopes the plant will be the world's largest bio-based succinic acid plant.
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
- Japan to boost intermediate chemical imports amid tighter naphtha supply 4/6
- Five EU countries call for windfall tax on energy companies 4/6
