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Mustang Engineering and J P Kenny have been awarded the front-end engineering design for ConocoPhillips' Greater Ekofisk Area Development.

A recent pullback in plans to expand or upgrade U.S. oil refineries may herald a more cautious era for refining companies, now facing uncertainty on many fronts.

Ethanol might reign as the king of biofuels, but several companies are betting that a close cousin may overcome some of its shortcomings.