Shell's Q2 Profit Up 34%
(Thursday, July 29, 2010) "Shell's cost programs have delivered over $3.5B of annualized underlying savings. Our investments have underpinned a 5% increase in oil and gas production for the quarter, a 34% increase in LNG sales volumes," said Peter Voser.

Rio Tinto CFO to Join Shell's Board
(Thursday, July 29, 2010) The Board of Royal Dutch Shell plc on Thursday announced the appointment of Guy Elliott, Chief Financial Officer of Rio Tinto since 2002, as non executive director and member of the Audit Committee of the Board.

Dudley to Succeed Hayward at BP
(Tuesday, July 27, 2010) BP on Tuesday announced that, by mutual agreement with the BP board, Tony Hayward is to step down as group chief executive with effect from October 1, 2010.

Ineos to Build Ethylene Terminal in Belgium
(Tuesday, July 27, 2010) INEOS Oxide on Tuesday confirmed its plans to build and operate a new one million tonne per annum Ethylene Terminal, to be constructed at its Zwijndrecht facilities in Belgium.

Bulgaria, Greece Fail to Agree on Russian Oil Pipeline
(Tuesday, July 27, 2010) Bulgaria and Greece on Tuesday failed to agree on a 1.3-billion-dollar pipeline deal to transport Russian oil from Burgas to Alexandroupolis.

HSBC, Total Partner in Energy Trading
(Monday, July 26, 2010) HSBC Holdings PLC and French oil company Total SA have agreed to a partnership in energy trading, a link-up that aims to capitalize on Asia's fast-growing resource needs.

ConocoPhillips Scraps Wilhelmshaven Upgrade
(Thursday, July 22, 2010) ConocoPhillips Thursday scrapped plans to upgrade its 260,000 barrel-a-day Wilhelmshaven oil refinery in Germany.

Vitol to Build Product Terminal in Cyprus
(Thursday, July 22, 2010) Vitol Tank Terminals International (VTTI) on Thursday announced plans to build a major oil import and distribution terminal in the industrial area of Vassiliko, Cyprus.

Debon Joins Technip's Board
(Thursday, July 22, 2010) Marie-Ange Debon has been appointed a member of the Board of Directors of Technip, replacing Jean-Pierre Lamoure.

Jacobs to Expand Italy Copolymer Plant for Dow
(Tuesday, July 20, 2010) Jacobs Engineering Group Inc. announced Tuesday that it received a contract from The Dow Chemical Co. to provide engineering and construction management services for the expansion of its facility in Fombio, Italy.

Firms Fined GPB9.5MM for UK Buncefield Disaster
(Friday, July 16, 2010) Five companies Friday were fined a total of GBP9.5 million for their involvement in a massive fire and explosions at the Buncefield oil storage depot in Dec. 2005--the largest blaze in peacetime Europe

Foster Wheeler Wins FEED Framework Agreement for Karsto Project
(Thursday, July 15, 2010) Foster Wheeler has entered into a Framework Agreement, awarded by Statoil, for FEED services valid to support the development of the Kårstø oil and gas processing plant.

Gazprom Strengthens Sinergie Italiane's Gas Supply
(Wednesday, July 14, 2010) Sinergie Italiane reported additional gas supply from Gazpromexport of 500MM cubic meters a year, boosting supply to 1.5B cubic meters a year.

Coker Unit Revamped at Petromidia Refinery in Romania
(Monday, July 12, 2010) ConocoPhillips, Rompetrol Rafinare and Rominserv announced a license and technical services agreement for the revamp of the existing delayed coker unit at Rompetrol's Petromidia Refinery in Romania.

Total: Contesting Ruling That Orders Dunkirk Refining Restart
(Monday, July 12, 2010) Total is contesting a court decision ordering it to restart its 137,000-barrel-a-day refinery in Dunkirk, northern France, a spokesman for the company said Monday.

Inbicon Starts Up Danish Biomass Refinery
(Thursday, July 08, 2010) Inbicon announced Thursday that its first Inbicon Biomass Refinery has swung into operation. It turns wheat straw into 1.4 million gallons a year of cellulosic ethanol, making it the largest producer of cellulosic ethanol in the world.

Foster Wheeler Wins EPCm Contract for Dow Cogen Plant
(Tuesday, July 06, 2010) Foster Wheeler AG has been awarded an EPCm contract by Dow Deutschland Anlagengesellschaft mbH for a new cogeneration facility to be installed within Dow's existing chemical complex at Stade, Germany.

UOP, Total Demo Tech to Produce Plastics from Non-oil Feedstocks
(Tuesday, July 06, 2010) UOP LLC announced today that Total Petrochemicals has successfully demonstrated UOP technology that will enable the use of feedstocks other than petroleum to produce plastics and other petrochemicals.

EU Awaits Ukrainian Pipeline Proposal
(Tuesday, July 06, 2010) The European Union's executive is still waiting for a formal Ukrainian proposal on creating a joint venture to build a new gas pipeline to Europe, officials said Tuesday, four days after Ukraine's president said he had proposed such a deal.

Russia May Hike Price Tariff for East Siberia Oil Pipeline - Report
(Monday, July 05, 2010) Russia may increase the tariff for shipping crude oil through the East Siberia-Pacific Ocean pipeline, or ESPO, from Aug. 1, the Interfax news agency reported Monday.