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Electricity producer EDF agrees to cut power prices for France's biggest industrial consumers

6:37 AM MDT | July 23, 2014 | Ian Young

State-controlled electricity generator and supplier EDF (Paris) has signed a memorandum of understanding (MoU) with Exeltium, a consortium of France's biggest industrial electricity consumers, under which EDF will adjust its long-term supply contract with...


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Edeniq partners with Chinese firm to develop corn stover-to-industrial sugars technology

Edeniq (Visalia, CA), a cellulosic sugar producer, has signed a letter of intent with Global Bio-chem Technology Group (Hong Kong) to develop and commercialize processes to convert corn stover to industrial sugars for use in the production of chemicals...

Ineos receives loan guarantee paving way for new ethane import terminal at Grangemouth

Ineos O&P UK has received notification from the UK government that its application for an infrastructure loan guarantee has been successful, the company announced today. The guarantee is for a £230 million ($393.6 million) loan and allows Ineos to...

Fluor awarded contract for LNG terminal at Rotterdam

Fluor has been awarded a contract by Gate Terminal, a subsidiary of Vopak and Gasunie, to design and build a liquefied natural gas (LNG) break bulk terminal at Rotterdam. Fluor will provide engineering, procurement, and construction management services for...

Halliburton forms fracking JV in China

Halliburton says it has agreed to form a fracking and production-enhancement services joint venture with Petrotech Xinjiang Engineering, a subsidiary of SPT Energy Group (Beijing). The new company, Xinjiang HDTD Oilfield Services, will provide fracture...

AFC Energy and Chang Shin Chemical sign MOU for fuel cell power system

AFC Energy (Dunsfold, UK), an industrial fuel cell power company, says it has signed a memorandum of understanding (MOU) with Chang Shin Chemical, a leading South Korean hydrogen supplier, for multiple fuel cell systems with a total potential generating...

French chemical industry calls for a national gas strategy to meet challenge of US shale

France's chemical industry association UIC (Paris) has called on the country's government to adopt a wide-ranging national gas strategy to help French industry meet the competitive challenge posed by shale gas in the United States. The appeal follows...

Private equity firms merge oil and gas assets, form largest operator in the Barnett Shale

Private equity firms Kohlberg Kravis Roberts (KKR) and Riverstone have signed a definitive agreement to merge the assets held by the KKR's natural resources subsidiary with the assets of Legend Production, a portfolio company of Riverstone, to create a new...

Pemex awards contract for gas pipeline to Odebrecht-led consortium

Pemex Gas y Petroquímica Básica (PGPB; Mexico City), a Petróleos Mexicanos (Pemex; Mexico City) subsidiary, has, through its Tag Pipelines Norte affiliate, awarded an engineering, procurement, and construction contract for phase two...

Petrixo selects UOP green fuels technology for refinery in United Arab Emirates

UOP, a Honeywell company, announced on Wednesday that Petrixo Oil & Gas has selected its green fuels process technology to produce renewable jet fuel and renewable diesel at a new refinery to be built at Fujairah, United Arab Emirates. The facility will...

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