Companies

BP Looks to Expand its Biofuels Business

Supermajor BP is weighing the possibility of investing directly in feedstock crop farming and buying stakes in producers of biofuel feedstock as it is accelerating its biofuels business, Nigel Dunn, Senior Vice President Biofuels at BP, told Reuters in an interview published on Wednesday. “Biofuels are an easy way for …

Read More »

QatarEnergy Awards $10B Contract for North Field South Project

QatarEnergy awarded a $10 billion contract to France’s Technip Energies and Consolidated Contractors Company, the company said on Tuesday. QatarEnergy said on Tuesday that the $10 billion project, awarded to Technip and Middle-Eastern-based CCC, is for engineering, procurement, and construction of its North Field South (NFS) project—home to the world’s …

Read More »

Petrobras Has High Hopes for Refining, Pre-Salt Discoveries

Brazilian-controlled oil company Petrobras has high hopes for increasing its refining capacity and its Curacao pre-salt discovery, company officials said on Friday. In a Friday webcast for investors, Petrobras director of industrial processes and products William Franca said that the company has the potential to increase its refining capacity by …

Read More »