Industry plan is better choice for jobs and revenue growth
The American Petroleum Institute comment on oil and natural gas being the next job and revenue growth area
Stay up to date with the latest news and updates from the downstream industry.
The American Petroleum Institute comment on oil and natural gas being the next job and revenue growth area
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.
There are still ongoing security issues in Libya, which are likely to slow down attempts at getting oil production back up to pre-conflict levels.
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.
A brief summary of news from North and South America and Canada.
The American Petroleum Institute has told Obama that American energy development is ‘critical’ solution to jobs problem.
Cenovus Energy Inc. has been named to the 2011 Dow Jones Sustainability Index (DJSI) North America listing for the second consecutive year.
A look at some recent downstream news from Africa. Including news from Libya and Nigeria.
The EU has tightened oil sanctions on Syria after the government started a fresh wave of crack-downs on dissent in the country.
The NPRA and API have both commented on President Obama’s ozone decision.
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.
Lucy Miller, Douglas Westwood Ltd, UK, describes the changing focus of the LNG market towards the Asia Pacific region.