Americas
TransCanada expects Keystone XL approval soon
TransCanada, which has been waiting for White House approval for the 830,000 bpd pipeline expansion for years, expects to receive the necessary permit "by the first half of 2013," according to Paul Miller, a senior vice president in charge of oil pipelines. He spoke on the sidelines of a Houston conference.
Advanced Refining to sell hydrocracking catalysts for Chevron Lummus
Under the agreement, ART will be the worldwide provider for hydrocracking and lubes hydroprocessing catalysts. CLG will continue to focus on its world-class technology development, licensing, design, and revamp of hydrocracking, lubricant base oil, resid hydrotreating, and resid hydrocracking plants.
Calumet moves to FEED stage on modular GTL proposal in Pennsylvania
Calumet now plans to progress with the more detailed engineering and market analysis for the plant. At the conclusion of this study, which is expected to last six months, Calumet says it will decide whether to proceed with fabrication. Production is expected to begin in the second half of 2014.
Wison named engineering partner by EDF, Exmar for North American FLNG
Under the agreement, Wison would be responsible for the turnkey engineering, procurement, construction, installation and commissioning (EPCIC) services for the mobile, self-contained units that would be capable of tying in to existing pipeline, tank and jetty infrastructure to enable LNG export.
Sunoco Logistics cleaning East Texas pipeline spill
The cause of the spill is being investigated. The oil leaked out of the pipeline Saturday into Otter Creek in Tyler County, Sunoco Logistics said. The oil did not reach the Neches River, which is connected to the creek, according to Tyler County Emergency Management Coordinator Dale Freeeman.
ConocoPhillips looks to reduce stakes in Australian LNG, Canadian oil sands
ConocoPhillips already announced plans to shed billions of dollars in assets to focus on core areas of its portfolio, particularly in unconventional formations in the US. The company plans to "rebalance" its portfolio over time and "lighten up" on these high costs projects in order to keep costs of supply low.
Marathon reports fire at Galveston Bay refinery
A Texas City Emergency Management alert originally stated that a tank was on fire at the 451,000-bpd refinery. But a later alert stated that a pump is on fire next to a tank. Shane Pochard, a spokesman for Marathon, said the fire has not caused any injuries nor had any offsite impact.
Safety consultant accuses BP management of 'classic failure' in Gulf spill
Robert Bea, a University of California Berkeley engineering professor who has worked as a safety consultant for BP starting in 2001, said he sent many warnings to the company's management in the years before the accident about how cost-cutting would hurt the safety of operations.
ExxonMobil wins court reversal of $1bn in damages from Maryland gas leak
The Maryland Court of Appeals reversed more than $1 billion in punitive damages, awarded by a jury in 2011, adding that residents and business who accused the energy giant of fraud hadn't sufficiently proven their case. The court also reversed a large number of compensatory damages.
US demand for oil, products drops to historic lows
Demand for all major petroleum products was lower in 2012, led by a near 400,000-bpd decline in gasoline demand. Gasoline use fell 0.6% to an average of 8.703 million bpd, the weakest level in 11 years. Gasoline is the most widely used petroleum product in the world's biggest oil consumer.
- Transition Industries signs agreements for the Pacifico Mexinol Project, an ultra-low carbon chemical production facility 7/3
- Bangkok Airways introduces SAF on commercial flights 7/3
- EcoCeres secures SAF contract with British Airways to help reduce carbon emissions 7/3
- Air Liquide to invest up to $200 MM in Louisiana, U.S. to support industrial growth 7/3
- MOL completes the acquisition of LBC Tank Terminals 7/3
- BHP awards charter contracts for two ammonia dual-fueled vessels 7/3
