US Justice Dept Files Objection to Philadelphia Refiner Bankruptcy
Thursday March 22, 2018 - DOJ is not alone in its objections.
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Subsea 7, Ocean Installer Secure Askeladd Field Work
Thursday, March 22, 2018 Statoil ASA will award contracts to Subsea 7 and Ocean Installer to support the development of the Askeladd field.
US Justice Dept Files Objection to Philadelphia Refiner Bankruptcy
Thursday, March 22, 2018 DOJ is not alone in its objections.
US LNG Firms Lament Bad Timing Of Steel Tariffs And China Trade Spat
Thursday, March 22, 2018 The Trump administration's planned steel tariffs and a potential trade battle with China could hurt US LNG companies.
Shell Mulls 15-Year Deal for Israeli, Cypriot Gas, Partner Says
Thursday, March 22, 2018 Shell is weighing a 15-year contract to buy natural gas for its liquefied natural gas plant in Egypt.
Cenovus Energy Says Transportation Bottlenecks Hit Production
Thursday, March 22, 2018 Cenovus says it was running oil sands production below capacity and stockpiling excess oil due to trouble with exporting.
Six Dead After Blast At Czech Refinery
Thursday, March 22, 2018 An explosion killed six people at a refinery in the Czech Republic, rescue officials say.
Top India Refiner Is Said to Invest $3.5B to Expand
Thursday, March 22, 2018 India's biggest oil refiner Indian Oil Corp. is planning to invest as much as $3.5 billion in the year beginning April 1.
Canada's LNG Export Dream Isn't Dead Yet, Thanks to Trump
Thursday, March 22, 2018 Trump may be helping to revive Canada's dream of a liquefied natural gas export industry to supply growing markets in Asia.
Rich Rewards Await Top Oil Refiners as Ships Made to Switch Fuel
Wednesday, March 21, 2018 The world's most sophisticated refineries are about to enjoy great times thanks to what might seem like a minor tweak in rules for the type of fuel ships consume.
EU Lawmakers Back Draft Rules To Regulate Russia's Nord Stream 2 Pipeline
Wednesday, March 21, 2018 EU lawmakers backed draft rules to extend the bloc's internal energy market laws to offshore gas pipelines.
Thailand's PTTEP Seeks To Boost Reserves, Output In SE Asia
Wednesday, March 21, 2018 PTTEP is looking closer to home for upstream oil and gas assets in a drive to boost its reserves and production as oil prices have recovered.
Sources: Canada's Brookfield To Sell Bonds In Brazil To Help Fund Pipeline
Wednesday, March 21, 2018 Canada's Brookfield Asset Management Inc is preparing a $1.6 billion local bond sale in Brazil.
Iran Inches Closer To Dream Of Gasoline Independence
Wednesday, March 21, 2018 Iran has sharply reduced its gasoline imports in recent weeks after starting up a new refinery, trade sources say.
EIA: US Crude Oil Stockpiles Fall In Week As Imports Drop
Wednesday, March 21, 2018 US crude oil stockpiles fell unexpectedly last week as imports dropped and refining rates jumped.
Oil Search Sees Gobe Plant Operational This Week After PNG Quake
Tuesday, March 20, 2018 Australia's Oil Search Ltd expects its Gobe processing plant and oil export pipeline in Papua New Guinea to be operational later this week, after a deadly earthquake hit last month.
ExxonMobil May Add Gulf Coast Polypropylene Capacity
Tuesday, March 20, 2018 ExxonMobil eyes petchems expansion on US Gulf Coast.
Fire Breaks Out At Fuel Oil Storage Tank In Singapore
Tuesday, March 20, 2018 A fire broke out at a fuel oil storage tank at Tankstore's Pulau Busing terminal in Singapore on Tuesday evening.
China's Independent Oil Refiners Gear Up For Ethanol Push In Cars
Tuesday, March 20, 2018 China's top independent oil refiner is buying ethanol and two others are seeking government approval to blend the biofuel into their gasoline ahead of the country's 2020 deadline, sources say.
Perdue: US Biofuel Reform Possible Without Cap On RIN Prices
Tuesday, March 20, 2018 US Agriculture Secretary Sonny Perdue hopes the Trump administration can make the nation's biofuel laws more affordable for oil refiners.
Merkel Looks to LNG to Cut Germany's Dependence on Russia
Monday, March 19, 2018 Angela Merkel's government is seeking to build a liquefied natural gas industry in Germany basically from scratch.
Iraq Mulls Building an Island to Boost Oil-Exporting Capacity
Monday, March 19, 2018 OPEC's second-biggest producer is ramping up efforts to expand capacity to pump and export oil.
Filing: Pennsylvania Says Bankrupt Refiner Owes $3.8B In Taxes
Monday, March 19, 2018 The state of Pennsylvania wants a federal judge to halt the bankruptcy of Philadelphia Energy Solutions (PES).
Traders: ExxonMobil Buys LNG To Chill Quake-Hit Papua New Guinea Project
Monday, March 19, 2018 ExxonMobil Corp has bought a liquefied natural gas cargo to keep its Papua New Guinea plant cold.
Qatar Selects Japan's Chiyoda Corp For Gas Field Design Contract
Monday, March 19, 2018 Qatar Petroleum has chosen Japan's Chiyoda Corp to design up to four large LNG production plants.
Sources: Trump Administration Preparing List Of Possible Biofuels Tweaks
Monday, March 19, 2018 The heads of the US Environmental Protection Agency and Agriculture Department are scheduled to meet on Tuesday.
Russian LNG Exporter Warns Against 'Vilifying' Country's Gas
Friday, March 16, 2018 "We've been vilified for delivering gas to the market," said Novatek's CFO.
On Bleak Day, Pipeline Operators Say Tax Policy Is No Big Deal
Friday, March 16, 2018 On the worst stock-market day for U.S. pipeline operators in two years, Wall Street analysts and pipeline insiders saw reason to smile.
US Appeals Court Approves ETP's Bayou Bridge Pipeline Construction
Friday, March 16, 2018 The disputed 162-mile (261-km) pipeline is an extension to an existing line, which transports crude from Nederland, Texas, to Lake Charles, Louisiana.
Exxon Mobil Partnering With Pakistan for Third LNG Terminal
Friday, March 16, 2018 Pakistan has the largest appetite for LNG among emerging markets, according to Bloomberg New Energy Finance.
Colonial Pipeline to Pay Alabama $3.3 Mln for 2016 Spills -State Official
Friday, March 16, 2018 The settlement includes a $1.3 million civil penalty and $1.8 million in projects for the state.
Iraq's Oil Ministry Calls For Investors For Anbar Refinery
Thursday, March 15, 2018 Iraq's oil ministry calls on companies to invest in a project to build a 70,000 barrel-per-day oil refinery in the western province of Anbar.
Shell Says LNG Buyers Have Not Taken Advantage Of Buyer's Market
Thursday, March 15, 2018 Shell, the world's biggest LNG trader, says buyers of the fuel have not taken advantage of a market that favors them.
European Traders Store Gasoline On Tankers As Glut Looms
Thursday, March 15, 2018 Traders are storing gasoline on tankers off Europe's coast as they struggle to contain a steady rise in supplies since the start of the year that has weighed on prices.
Spokesman: Libya Seizes Tanker Suspected Of Fuel Smuggling, Arrests Crew
Thursday, March 15, 2018 Libya's naval forces seized a Togo-flagged fuel tanker and arrested its Greek crew.
Venezuela's Crude Sales To US Falls To 15-Year Low In February
Thursday, March 15, 2018 Venezuela's crude exports to the United States declined in February to a 15-year low.
Pipeline Stocks Sink as FERC Kills Key Income-Tax Allowance
Thursday, March 15, 2018 Pipeline stocks plunged after federal regulators ruled that master-limited partnerships can no longer receive a credit for income taxes they don't pay.
Shell Warns Against Proposed Magellan Oil Trading Arm
Thursday, March 15, 2018 The US trading arm of Shell urges regulators to stick to their ruling.
Oil and Gas Industry Addresses Climate Change via Innovation
Wednesday, March 14, 2018 In Colorado alone, emissions from oil and gas development were poised to fall by one-third for 2017.
Top Indian Refiner Eyes $1.5 Billion Savings With Own Plant Tech
Wednesday, March 14, 2018 India's biggest oil refiner has developed refining processes that may help it save at least $1.5 billion in costs.
EIA: US Crude Stocks Up, Gasoline Supply Drops On Big Demand
Wednesday, March 14, 2018 US crude stocks rose last week, but refined product inventories fell more than expected, with gasoline demand rising to a seven-month high, EIA says.
US Energy Pipeline Developers To Seek Exemptions To Steel Tariff
Wednesday, March 14, 2018 US energy pipeline developers say they intend to pursue exemptions to the Trump Administration's proposed steel tariffs.
West Virginia Orders ETP To Stop Some Work On Rover Natgas Pipe
Wednesday, March 14, 2018 Environmental regulators in West Virginia ordered Energy Transfer Partners LP to again halt work on its Rover natural gas pipeline.
Iraq To Increase Kirkuk Oilfields Output To Supply Refineries
Wednesday, March 14, 2018 Iraq's NOC has begun testing operations at its oilfields in Kirkuk to increase crude supply for domestic refineries.
Repsol To Open 200 Fuel Stations In 2018 In Mexico
Tuesday, March 13, 2018 Spanish oil firm Repsol will open 200 gasoline stations in Mexico in 2018.
OMV To Spend 10B Euros In Shift Towards Gas, Refining
Tuesday, March 13, 2018 Austrian energy group OMV is ready to spend 10 billion euros to focus more on gas and value-added refined products and grow its business outside Europe, its CEO says.
India's Oil Imports from Venezuela Hit Lowest in Over 5 Years
Tuesday, March 13, 2018 Indian imports of oil from Venezuela have fallen to their lowest levels in over half a decade, shipping and industry data shows.
Desert Sun to Power Upper Egypt With $2.8 Billion Solar Park
Tuesday, March 13, 2018 Egypt has inaugurated the first solar power plant at a remote desert complex where the government plans to generate as much as 1.8 gigawatts from the sun, cutting the most populous Arab nation's reliance on dirty and expensive fossil fuels.
India's Solar Financing May Have Peaked For Now at $10B in 2017
Tuesday, March 13, 2018 India's solar industry more than doubled its fund raising to $10 billion in 2017.
Saudi Petrochemical Producers Plan to Return to Merger Table
Tuesday, March 13, 2018 Sahara Petrochemical Co. and Saudi International Petrochemical Co. plan to resume talks about a potential merger, four years after a tie-up was put on hold.
US Biofuels Sector Blasts Settlement With Bankrupt Philadelphia Refinery
Tuesday, March 13, 2018 The US EPA's decision to grant a bankrupt Philadelphia refiner relief from biofuel laws draws criticism.