Business news

GE has been awarded a US$ 32 million contract to supply compression and reinjection upgrade equipment for the Malvinas natural gas processing plant.

The US Department of Energy has signed a US$1 billion co-operative agreement with the FutureGen Industrial Alliance and Ameren Energy Resources for the FutureGen 2.0 clean coal project. It is hoped the project will help position the US as a leader in technologies for reducing carbon emissions from existing coal-fired power plants.

Swift Energy has made a long term agreement with Meritage Midstream to provide natural gas gathering and treating services.

Foster Wheeler has been awarded a FEED and pre-FEED contract for projects on BP’s Forties Pipeline System.

A roundup of some of the recent downstream news from China and India.

Two notes from the American Petroleum Institute regarding new oil and natural gas industry taxes.

Shell oilsands expansion is now onstream.

Senate Majority Leader Harry Reid said this week that the Senate will not pass legislation this year that imposes a price on carbon.

The recent UN and EU sanctions in response to its continued nuclear programme have left Tehran with few friends in the international community, and it is unsurprising that the states who intend to carry on doing business with such a contentious partner clearly have their own political agendas to pursue.

Enbridge is to provide pipeline and terminaling services to the proposed Sunrise oilsands project.

New Recovery Act funding boosts industrial carbon capture and storage research and development.

750 gather and call on Congress to focus on jobs and the economy in Canton, Ohio, rally.

As part of a long term agreement to supply mid stream services to EOG Resources, Enterprise Products has committed to build a 140 mile pipeline from Eagle Ford Shale.

Enbridge Inc. is expanding its Athabasca pipeline to increase the volume of oilsands crude oil it can transport to the mainline hub at Hardisty, Alberta.

More than 5000 gather and call on Congress to focus on jobs and the economy in Texas rallies.