Americas
Romney outlines his proposed US energy policy
Romney's plan would let states apply their own energy regulations and permit rules to federal lands, a move aimed at streamlining energy exploration. It also looks to expand offshore-drilling leases in states such as Virginia and the Carolinas and work closely with Canada and Mexico to raise production.
KBR lands construction deal to expand Canadian gas processing plant
KBR will execute construction and related site support for the expansion of the Dawson Creek facility, increasing the existing capacity to 100 million standard cubic feet/day. The award follows KBR’s recent work for delivering pipe-rack fabrication and module assembly for phase one of the expansion.
BP recalls contaminated fuel from Indiana refinery
BP issued a recall for the unleaded regular gasoline shipped from Whiting between Aug. 13 and 17, saying it could cause hard starting, stalling and other drivability issues. The fuel would have been sold to motorists at various gas stations, not just BP-branded outlets, according to the company.
Chemtex awarded loan guarantee from US to build cellulosic ethanol refinery
Once operational, the facility is expected to convert 600,000 tpy of energy grasses into an estimated 20 million gallons of cellulosic ethanol using a proprietary enzymatic hydrolysis process. The plant will produce biofuels for eastern transportation markets using non-food biomass feedstocks.
Pemex declares critical natgas shortage in Mexico
When critical alerts are announced, industry and distributors must halt or limit their use of natural gas since falling pressure can damage to the pipelines. Pemex said the critical alert applied just to central and eastern Mexico. The company blamed an electrical discharge during heavy rains.
Argentina files complaint against EU over Spanish blockage of biodiesel
Argentina's Foreign Ministry said Spain's rules were an attempt to stop developing countries from gaining more control of global value chains and evolving beyond their role as suppliers of raw materials, according to a statement. With the complaint, Spain now has 60 days to show its rules are fair.
US oil, gasoline demand slips to near four-year low
Total petroleum demand for the year to date was down 2.3%, according to the API. Gasoline demand fell more, down 2.2% from June and down 3.8% from July a year ago to hit the lowest July level since 1997. Despite weakening demand, refinery production remained strong.
US chemical activity index nudges higher in August
The American Chemistry Council's chemical activity barometer grew by 0.4% from July and 1.1% from August 2011, reflecting gradual economic growth and several positive US industry trends. The CAB is a leading economic indicator derived from a composite index of chemical industry activity.
Pipeline repair company NRI opens Texas sales, distribution office
The new office expands NRI’s commitment to servicing the US Gulf region with same-day material availability, extensive product inventory, delivery services, job assessment services, and ASME qualified product training classes, the company said. Investment terms were not disclosed.
EPA opens review into US corn ethanol mandate
The Environmental Protection Agency said it received formal requests from the governors of Arkansas and North Carolina to ease the renewable-fuel standard, triggering a 90-day review that could lead to the agency's first-ever decision to reduce or waive the mandate.
- XRG to expand its global chemicals reach with takeover of Covestro 11/21
- U.S. FERC explores blanket authorizations for LNG projects 11/21
- thyssenkrupp Uhde selected by Dangote Fertilizer Ltd. to license four urea granulation units in Nigeria 11/21
- Indian and Chinese refineries are moving to comply with U.S. sanctions on Russia 11/21
- Dynamis Power Solutions awards Baker Hughes with significant order for gas turbine technology to support mobile power for oil and gas applications 11/21
- EIL signs MoU with Aramco Asia India Pvt. Ltd. for cooperation in various oil/gas activities 11/21
