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Kuwait plans to expand petrochemical operations

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Kuwait is set to shift its focus onto petrochemical production and develop the industry to an extent that it accounts to 50 percent of the country's income generated from sectors other than oil.
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Ultrasonic flowmeter market exceeds $600 million worldwide, studies find

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According to a recent series of studies from Flow Research, the market for ultrasonic meters totaled $632 million in 2011 and is projected to grow at a compound annual growth rate of 9.6 percent through 2016.
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Hikma Pharmaceuticals to take over US generic injectables manufacturer

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London-based multinational company Hikma Pharmaceuticals PLC has reached an asset acquisition agreement with Ben Venue Laboratories for the purchase of its U.S. generic injectables division, Bedford Laboratories, for $300 million.
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EIA: Refineries unable to deal with increasing proportion of light crudes

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Production of U.S. light crude oil and condensates is likely to continue dominating the domestic oil market, accounting for the majority of extra oil extracted over the next two years.
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Research to examine if dilbit spills cause more damage than regular crude

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A U.S. federal agency has announced it will be starting a study into the potential impact of spills of diluted bitumen (dilbit) produced in Alberta's oil sands on the environment and public health.
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Texas regulator clears gas company over alleged methane contamination

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The amount of methane in many private water wells in North Texas has increased since 2011 but this rise cannot be linked to oil and gas drilling operations in the state.
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The future of plant control rooms come to life

Ergonomic designs and improved display reduce fatigue and promote effectiveness
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Honeywell Process Solutions recently announced availability of the Experion Orion Console, an advanced display technology it says brings the plant control room of the future to life and meets the needs of mobile plant operators.
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EPA proposes draft rules to cut carbon emissions from power plants

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The U.S. Environmental Protection Agency (EPA) has introduced draft rules that are predicted to reduce heat-trapping pollution from power plants by 30 percent from the levels recorded in 2005 by 2030.
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North Carolina to criminalize disclosure of fracking chemicals information

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The North Carolina Senate has approved a proposal filed by three Republican state senators to criminalize the disclosure of confidential information concerning the type of chemicals used in hydraulic fracturing.
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IHS: Lifting export restrictions on US crude oil would be smart move

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Lifting the restrictions on U.S. crude oil exports would be a wise move, says market and economic information provider IHS.
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