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US Approval of LNG Exports Paves Way for Asian Spot Market
(Monday, May 20, 2013) Japanese LNG buyers see U.S. government approval for a Texas LNG facility to export gas to countries with which it doesn't have free-trade agreements as a step forward.
Halliburton Rolls Out CNG-Powered Truck Fleet
(Monday, May 20, 2013) Halliburton announced Monday the deployment of nearly 100 light-duty CNG trucks across several field locations in the United States.
Westlake Elects Graff, Northcutt to Board
(Monday, May 20, 2013) Westlake Chemical Corp. Monday announced that Michael J. Graff and R. Bruce Northcutt have been elected to the company's board of directors.
Drevna Applauds RFS Legislation
(Monday, May 20, 2013) AFPM President Charles T. Drevna said that his organization supports the Foreign Fuels Reduction Act legislation recently introduced by Sens. Bob Corker (R-TN) and Joe Manchin (D-WV).
Crude-Oil Futures Climb to Seven-Week High
(Monday, May 20, 2013) Oil futures climb to a seven-week high amid optimism over the US economic recovery and the prospect of rising crude demand this summer.
PAA to Extend Western Oklahoma Oil Pipeline
(Monday, May 20, 2013) Plains All American Pipeline announced it is constructing a 95-mile extension of its existing Oklahoma crude oil pipeline system to service increasing production from the Granite Wash, Hogshooter and Cleveland Sands producing areas.
Pemex Files Suit to Recover Nearly $160MM from Siemens, SKEC
(Monday, May 20, 2013) Pemex and its affiliate Pemex-Refinacion (PREF) have filed a lawsuit in New York seeking to recover nearly $160 million from German multinational Siemens and South Korea's SK Engineering & Construction Co. Ltd. (SKEC) in a global bribery case.
WEC Plans New South Texas Refinery
(Monday, May 20, 2013) Worldwide Energy Consortium, Inc. (WEC) announced Monday that it will begin the initial engineering/permitting phase for its new refinery located near Gardendale in La Salle County Texas.
Tesoro Says FTC Clears Deal for BP Refinery
(Friday, May 17, 2013) The U.S. Federal Trade Commission will allow Tesoro Corp. to go through with its plans to buy a BP Plc. owned refinery in southern California, bringing the two companies one step closer to sealing the deal sometime this quarter.
Oil Futures Follow Broader Markets to One-Week High
(Friday, May 17, 2013) Oil futures rise to a one-week high, as broader markets rally on positive US economic data.
Canadian PM Harper Takes Keystone Lobbying Campaign to U.S.
(Friday, May 17, 2013) Canadian Prime Minister Stephen Harper took his case for approval of the Keystone XL pipeline to the U.S., burnishing Canada's environmental credentials and saying the arguments for the project are "overwhelmingly on the side of approval."
Energy Department Approves Freeport Natural-Gas Export Permit
(Friday, May 17, 2013) The Obama administration on Friday cleared the way for broader natural gas exports by approving a $10 billion facility in Texas, a milestone in the U.S. transition into a major supplier of energy for world markets.
Petroleum Tanker Operator Enters US LNG Export Business
(Friday, May 17, 2013) Crowley Maritime Corp.'s petroleum services group is moving into the LNG market with the acquisition of Carib Energy LLC.
BG Group Files Prince Rupert LNG Export Plans for Environmental Review
(Friday, May 17, 2013) BG Group Plc has filed its proposed Prince Rupert LNG export project plans with the Canadian Environmental Assessment Agency, and the CEAA is now taking public comments on whether the project merits a federal environmental review.
Could Philadelphia Become 'Cushing East'?
(Friday, May 17, 2013) A crude-by-rail terminal under development near Philadelphia could become an East Coast oil trading hub.
Texas Firm to Roll Out Mobile LNG, CNG Conversion Tech
(Thursday, May 16, 2013) AmericaCNG will begin rolling out in September mobile plants that will allow producers to monetize their NGL and convert methane production to LNG or CNG.
USW Members Ratify ExxonMobil Baytown Contracts
(Thursday, May 16, 2013) United Steelworkers (USW) local 13-2001 members Wednesday night ratified three separate agreements with ExxonMobil Baytown for the operations, maintenance and laboratory groups.
Pemex Official: New Pipeline to Triple Gas Imports from U.S.
(Thursday, May 16, 2013) The construction of a natural gas pipeline from southern Texas to central Mexico for state-owned oil company Pemex will allow gas imports from the U.S. to triple, to around 3 billion cubic feet per day by 2015, a Pemex official said Wednesday.
Crude-Oil Futures Settle up 86 Cents at $95.16/Barrel
(Thursday, May 16, 2013) Crude-oil futures prices settle higher, climbing on hopes for rising demand as the peak summer gasoline demand season approaches.
Sasol Awards Toyo FEED for La. LLDPE Project
(Thursday, May 16, 2013) Toyo Engineering was awarded a contract from Sasol North America, Inc. to provide FEED services for a 450,000 t/y LLDPE plant in Lake Charles, La.