TNK-BP invests USD 10 billion
TNK-BP, the Russian joint venture of BP, is set to invest USD 10 billion in its Arctic oil fields, enabling export of its huge reserves in the region to Chinese markets by 2016. Natural gas pipeline system
Crestwood Midstream Partners (CMP) has signed a memorandum of understanding with Mountaineer Keystone LLC, headquartered in Pittsburgh, Pennsylvania, to construct a 42mi, 16in diameter natural gas gathering system to serve MK's Marcellus Shale development program in Northeast West Virginia. Serimax appoints new managing director
Vallourec’s subsidiary, Serimax, has appointed Frederic Castrec as managing director to replace David Williams.
Capstone Turbine to supply projects in Russia
Capstone Turbine Corporation, clean-technology manufacturers of microturbine energy systems, announced it has executed a Memorandum of Understanding with BPC Engineering and Tatneft Oil to buy 38 microturbines totaling 16.2MW for multiple associated gas-to-energy projects in Tatarstan, Russia.
Mascoma signs deal for cellulosic ethanol facility
Mascoma Corporation, a renewable fuels company, has signed a cooperative agreement with the U.S. Department of Energy to assist in the design, construction and operation of a commercial-scale hardwood cellulosic ethanol facility in Kinross, Michigan.