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Gas processing

 

BP expanding activities in Biofuels

BP has agreed is acquiring the remaining 50% of the Brazilian biofuel company Tropical BioEnergia S.A. from its current joint venture partners for approximately US$ 71 million.

 
 

Biofuel production surged in 2010

Global production of biofuels increased 17% in 2010 to reach an all-time high of 105 billion litres, up from 90 billion litres in 2009.

 
 
 
 

Downstream news from Africa

A look at some recent downstream news from Africa. Including news from Libya and Nigeria.

 

Syrian sanctions tightened

The EU has tightened oil sanctions on Syria after the government started a fresh wave of crack-downs on dissent in the country.

 
 

GE acquires Converteam for US$ 3.2 billion

GE has acquired for Converteam, the two companies compliment each other should enhance GE’s existing capabilities as well as helping them break into fast growing regions such as Brazil and Russia where Converteam have already made significant in-roads.

 

Pacific Basin outlook

Lucy Miller, Douglas Westwood Ltd, UK, describes the changing focus of the LNG market towards the Asia Pacific region.

 
 

Global refining review: Part 1

Stephen George, KBC Process Technology Ltd, UK, provides an overview of the worldwide refining industry. In the first installment of this two part article, the value in Atlantic Basin refinery transactions is assessed against the context of the global economic downturn.