Current Headlines

  1. Chiyoda Awarded Laffan Refinery Phase II Project In Qatar
    5/15/2013

    Chiyoda Corporation (“Chiyoda”) recently announces that it has been awarded  an engineering, procurement, supply, construction and commissioning (“EPSCC”) contract for Laffan Refinery  Phase 2 (“LR2”) Project in collaboration with CTCI Corporation (“CTCI”)

  2. Santrol Acquires Self-Suspending Proppant Technology
    5/14/2013

    Santrol, a Fairmount Minerals company, announced today the acquisition of self-suspending proppant technology from Soane Energy ofCambridge, MA, that will enable operators to improve hydrocarbon production by substantially increasing the surface area of propped fractures to the reservoir. Coupled with Fairmount Minerals' process and manufacturing expertise, innovative self-suspending proppants will reach their full potential

  3. Grace And Al Dahra To Build First Fluid Catalytic Cracking (FCC) Catalysts Manufacturing Plant In Middle East
    5/14/2013

    W. R. Grace & Co. and Al Dahra Agriculture have executed a Joint Venture agreement to build the first fluid catalytic cracking (FCC) catalysts manufacturing facility in the Middle East. The companies marked their commitment and progress with a briefing and gala dinner today for over 100 industry and government leaders from around the region

  4. STWA Announces The First Commercial AOT Midstream Unit Off The Assembly Line
    5/9/2013

    STWA, Inc. (OTCBB: ZERO) ("STWA" or the "Company"), a developer of applied efficiency technology solutions for oil and fuel delivery systems in the multi-billion dollar global energy market, announced today that the Company's AOT™ Midstream has completed the final manufacturing and certification steps for use in the United States of America

  5. Dow Confirms Receipt Of $2.2 B In Cash Proceeds From Petrochemical Industries Company Of Kuwait
    5/7/2013

    The Dow Chemical Company announced that it has completed final resolution of the K-Dow arbitration with Petrochemical Industries Company of Kuwait (PIC), and confirms today that Dow has received a direct cash payment of $2.2 billion from PIC. Payment reflects the full damages awarded by the International Chamber of Commerce, as well as recovery of Dow’s costs. “Dow and Kuwait share a long history, and payment of this award

  6. CB&I Announces The Commercialization Of The AlkyClean Solid Acid Alkylation Process
    5/6/2013

    CB&I has been awarded a contract by Shandong Wonfull Petrochemical Group Co., Ltd. to provide the license and processing engineering design for a first-of-a-kind solid acid alkylation unit to be located in China. The unit will be capable of producing 100,000 tons per annum of alkylate and is scheduled for startup in early 2014

  7. AspenTech Kicks Off OPTIMIZE 2013 With Launch Of New Software
    5/6/2013

    OPTIMIZE 2013 – Aspen Technology, Inc., a leading provider of software and services to the process industries, kicked off OPTIMIZE 2013 with the launch of industry innovations for process manufacturing and significant enhancements to the company’s Engineering and Manufacturing and Supply Chain products

  8. Renewable Energy Group, Inc. Signs Agreement To Buy Soy Energy, LLC Biorefinery
    5/3/2013

    Renewable Energy Group, the nation’s leading biodiesel producer and marketer, today executed a purchase agreement to acquire a 30-million gallon per year capacity biodiesel plant from Soy Energy, LLC. Pursuant to the agreement, REG will acquire the Mason City, Iowa biorefinery for $11 million in cash and the issuance of a $5.6 million promissory note to Soy Energy

  9. Enterprise Announces Plans To Expand Crude Oil Storage And Distribution Infrastructure Serving Southeast Texas
    5/2/2013

    Enterprise Products Partners L.P. recently announced plans to significantly expand its crude oil storage and distribution infrastructure serving the Southeast Texas refinery market

  10. Rosneft And Mitsui & Co., Ltd Sign Memorandum Of Understanding To Jointly Develop FEPCO Project
    5/1/2013

    Rosneft and Mitsui signed a Memorandum of Understanding to jointly develop FEPCO project - one of the largest petrochemical projects globally. The MoU was signed by Rosneft President and Chairman of the Management Board Igor Sechin and by Representative Director, Senior Executive Managing Officer, and Member of the Board of Directors of Mitsui & Co., Ltd Shintaro Ambe in the presence of the Russian President Vladimir Putin and Prime Minister of Japan Shinzo Abe