Chevron Welcomes Shell to the Wheatstone Project

Chevron Corporation today announced the signing of agreements with Shell Development (Australia) Pty Ltd to bring Shell into the Chevron-operated Wheatstone Project as a natural gas supplier and equity participant. George Kirkland, vice chairman, Chevron Corporation, said, “Chevron is pleased to welcome another participant into the Wheatstone Project.... 

Wall Street up on energy shares after Japan quake

Stocks rose on Friday, led by gains in energy shares after Japan’s biggest earthquake on record hurt the country’s oil refining capacity, but trade was choppy as investors tried to weigh the quake’s economic impact. The 8.9 magnitude quake that struck the northeast coast of Japan, the world’s third largest economy, triggered... 

Frost and Sullivan: South Korean Industrial APCE Market to Earn $221 Million by 2016

As most industries, such as power plants and steel mills, in South Korea have already installed air pollution control equipment (APCE), the growth of the market is expected to be limited between 2 and 3 percent for the next five years until 2016. New analysis from Frost & Sullivan (http://www.environmental.frost.com), Industrial Air Pollution Controls... 

High-Temperature Ceramic Coating Protection, by Furnace Mineral Products Incorporated, a Feature of “Industry Today” on Industrialinfo.com

Industrial Info Resources will host special guest Furnace Mineral Products (Stouffville, Ontario) as part of this week’s “Industry Today” webcast. Furnace Mineral Products is a recognized global leader in advanced high-temperature ceramic coatings for the power generation industry. The high-temperature ceramic coatings offered by Furnace... 

Research and Markets: Japan LNG Export & Import Markets (2010) – Outlook of Demand, Capacity, Trades, Prices, Contracts & Market Structures to 2020

Research and Markets has announced the addition of the “Japan LNG Export and Import Markets (2010) – Outlook of Demand, Capacity, Trades, Prices, Contracts and Market Structures to 2020″ report to their offering. LNGReports launched its brand new Japan LNG Export and Import Markets (2010)- Outlook of Demand, Capacity, Trades, Prices,... 

Vitol, Helios and Shell Reach Agreement on African Downstream Businesses

Vitol today announced that, in partnership with Helios Investment Partners, it has agreed to purchase the majority of Shell’s shareholding in most of their downstream businesses in Africa for a total consideration of some $1 billion. Under the agreements, two new joint venture companies will assure continued availability of Shell fuels and lubricants... 

Progress Energy CEO Johnson Urges Flexibility and Customer Protection in Implementing EPA Rules

The U.S. electric utility industry faces an “unprecedented convergence of new federal environmental rules – unprecedented in scope of change and compression of deadlines,” Progress Energy Chairman, President and CEO Bill Johnson told utility regulators Monday in Washington. And the “current fragmented approach, coupled with rapid-compliance... 

Universal Lubricants Expands to Meet Growing Demand for Cleaner, Greener Re-Refined Oil

One of the country’s oldest lubricant manufacturing and distribution companies, Wichita’s Universal Lubricants (UL) established in 1929, is poised for double-digit growth for the foreseeable future thanks to a technologically advanced and highly capable re-refinery, and efficiencies gained through its environmentally-friendly closed-loop... 

Blast rocks Enterprise natgas plant in Texas

One worker was unaccounted for after explosions rocked a natural gas liquids storage complex on Tuesday in Mont Belvieu, Texas, according to the plant’s owner, which also said the main facilities were not damaged. Firefighters contained the massive fire, visible 35 miles to the west in Houston, and there were no reported injuries, Chambers County... 

No injuries in Marathon Texas City refinery leak

No injuries were reported due to a gas leak at a Texas City, Texas, refinery that forced the evacuation of nearby homes on Saturday, a city official said. Production at Marathon Petroleum Corp’s 76,000 barrel per day (bpd) refinery, located about 50 miles south of Houston, was unaffected by the leak, said Marathon spokesman Robert Calmus. Residents...