News

    BP has signed an agreement with the Associated Landowners of the Ohio Valley (ALOV) to lease approximately 84,000acres in Trumbull County, Ohio in the Utica/Point Pleasant shale basin.

Westinghouse Electric Company today announced that it is splitting its Nuclear Power Plants product line into two distinct organizations of Nuclear Power Plant Project Delivery and Nuclear Power Plant Business Development to further strengthen the company and better position it for future growth. The newly-created Nuclear Power Plant Project Delivery organization, which will focus exclusively on the delivery of new plant projects to Westinghouse customers, will be led by Senior Vice President Deva Chari.

    The California Public Utilities Commission approved a resolution that will order three investor-owned utilities in California to enter a contract with Calpine Corporation’s Sutter Energy Center within 30 days.

New Mexico has put new rules into effect, governing the storage of petroleum fuel in hopes of preventing leaks that can contaminate ground water.

Subsea 7 has won the Pipeline Industries Guild’s (PIG) 2012 Subsea Pipeline Technology Award. The award recognises Subsea 7’s technology initiative for the installation of Mechanically Lined Pipe (Bubi® pipe) by reel–lay³.

Emerson Process Management is automating two new 1000-MW, ultra-supercritical, power-generating units at the Jiangsu Xinhai power plant with its OvationTM expert control system.

President Barack Obama has expressed plans to fast-track an oil pipeline, directing federal agencies to expedite the construction of a 780km pipeline to refineries on the Texas Gulf Coast from Oklahoma.

Valero Energy Corporation announced that due to unfavorable refinery economics and the outlook for continued unfavorable refinery economics, refining operations will be suspended by the end of the month at its subsidiary's 235,000 barrel-per-day refinery in Aruba.

Alfa Laval has won a plate heat exchanger order from a big oil company in Brazil. The order value is approximately SEK 130 million and delivery is scheduled for 2012.

President Felipe Calderon said Mexico has begun inviting bids for the Northwest Gas Pipeline, a conduit that will stretch for more than 2000km from the border with the US to the western city of Mazatlan and is expected to involve investment of roughly USD 3.5 billion. "I have an announcement of interest not only to Zacatecas (the state where he was speaking) but to the entire country, which is the call for bids for the largest of the pipelines to be built over the next few years, the Northwest Gas Pipeline, as well as other natural gas distribution zones," Calderon. Calderon recalled that last year he unveiled a USD 10.5 billion plan for structural change in the country's natural gas market, including construction of a natural gas pipeline network in central Mexico and the creation of four gas distribution zones.