Expansions at Algeria liquefaction plants could boost gas exports by 17%
Algeria, Africa’s largest natural- gas producer, will raise its capacity to export the fuel by 17% this year with expansions at two liquefaction plants, according to state-owned energy company Sonatrach.
January 24, 2014Continue reading...Bharat Petroleum plans $2.8 billion expansion on two refineries
Bharat Petroleum, India’s second-biggest state refiner, plans to almost double the capacity of two refineries. The supply would feed BPCL's growing network of gasoline stations.
January 24, 2014Continue reading...Alfa Laval wins SEK 65 million energy-efficiency order in Middle East
Alfa Laval won an order to supply Alfa Laval Packinox heat exchangers to an integrated refinery-petrochemical complex in the Middle East. The order, booked in the Process Industry segment, is worth approximately SEK 65 million and delivery is scheduled for 2014 and 2015.
January 23, 2014Continue reading...IEA sees higher demand in 2014, cites recovery in developed nations
Global oil demand will increase this year more than previously forecast, the International Energy Agency said, though a ban on US crude exports may crimp output growth.
January 22, 2014Continue reading...INEOS licenses PP technology for Vung Ro refinery complex in Vietnam
INEOS Technologies has licensed its Innovene PP process for the manufacture of homopolymers, random copolymers and impact copolymers to Vung Ro Petroleum at its refinery complex in Vietnam.
January 22, 2014Continue reading...UOP process technologies chosen in China for two petrochemical projects
The Chinese petrochemical producers have selected UOP process technology to help meet growing demand for petrochemicals. Both companies are located in Shandong Province on China's East Coast.
January 22, 2014Continue reading...Canada demands final Keystone XL verdict from US
“The time for Keystone is now,” Canada's foreign minister said Thursday. “I’ll go further -- the time for a decision on Keystone is now, even if it’s not the right one. We can’t continue in this state of limbo.”
January 21, 2014Continue reading...Shell exits Wheatstone LNG after sale to Kuwait
Royal Dutch Shell, Europe’s largest oil company, will exit the Wheatstone LNG project in Australia after selling its interests for $1.14 billion to state-run Kuwait Foreign Exploration Petroleum Co.
January 21, 2014Continue reading...Alaska pays $5.75 billion to join Exxon LNG project
Alaska plans to jump-start a $45 billion natural gas export project by pitching in more than 10% of the cost and joining ExxonMobil, BP, ConocoPhillips and TransCanada as an equity partner.
January 17, 2014Continue reading...BP predicts slowdown in global energy demand
Global energy demand continues to grow but that growth is slowing and is mainly driven by emerging economies, led by China and India, according to the BP energy outlook, which was released this week.
January 17, 2014Continue reading...
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