Americas
Linde hydrogen plant receives Responsible Care Certification
Linde North America announced today that it has received certification of its Salt Lake City, Utah hydrogen plant under the Responsible Care program offered by the American Chemistry Council.
US Gulf needs more oil pipeline projects following Seaway reversal - report
The acquisition by Canada's Enbridge of a 50% stake in the Seaway oil pipeline and the reversal of crude oil flows at the Cushing terminal will not end the need for additional investment in similar Gulf coast projects. Fitch Ratings believes that over the long term, TransCanada's Keystone XL project, while still subject to regulatory risk, is likely to proceed once State Department approval is received.
US October oil demand up 2.5% from 2010 - API
Total US petroleum deliveries (a measure of demand) rose 2.5% in October compared with October a year ago, according to new data from the American Petroleum Institute (API) trade group. "Our economy is growing modestly, and the overall demand numbers support that," the API said.
Energy minister urges Canada to diversify exports beyond US, include Asia
Canadian Energy Minister Joe Oliver said Friday the country must diversify its energy exports beyond the US to include Asia and China. He said Asian markets, in particular China, are ready buyers.
Seaway pipeline reversal to ease US Midwest oil supply glut
The decision to reverse the flow of a key oil pipeline should alleviate a supply bottleneck that has trapped crude in the Central US for the better part of this year. "What you're going to see is WTI more closely aligned with your global crude prices," said Brian Milne, refined fuels editor at Telvent DTN.
Aeroméxico begins using Honeywell UOP biofuel on commercial routes
Honeywell’s UOP said that its Green Jet Fuel is powering Aeroméxico’s Mexico City to San José, Costa Rica route, marking one of the first uses of renewable fuels in everyday airplane passenger service. The Mexican aviation sector expects biofuels to account for 1% of the fuel used in Mexico by 2015 and 15% by 2020.
Cheniere taps Bechtel for engineering, construction on Sabine Pass LNG expansion
Bechtel won a $3.9 billion deal from Cheniere Energy Partners to provide engineering, procurement, and construction (EPC) services for two new liquefaction trains at the Sabine Pass liquefied natural gas (LNG) terminal in Cameron Parish, Louisiana. Construction is expected to begin in 2012.
US NGL production to rise over 40% by 2016 - study
US natural gas liquids (NGL) production is expected to increase more than 40% over the next five years, according to a new joint market study from BENTEK Energy and Turner, Mason & Company (TM&C). Current levels of NGL infrastructure are inadequate to handle the surge in NGL production and significant new investment is needed to relieve bottlenecks, according to the authors.
Siemens opens gas turbine plant in North Carolina
Siemens Energy, along with state and local public officials, celebrated the official grand opening of the new 450,000-square-foot gas turbine production plant adjacent to its existing steam turbine-henerator manufacturing plant in Charlotte, North Carolina. When fully operational in spring 2012, the new gas turbine factory will complete Siemens' Charlotte energy hub.
Enbridge buys Conoco stake in US Seaway pipeline, will reverse crude oil flow
Enbridge has acquired ConocoPhillips’ 50% interest in the US Seaway Pipeline for $1.15 billion and has agreed with joint owner Enterprise Products to reverse the direction of crude oil flow, allowing it to carry discounted West Texas Intermediate (WTI) from Cushing, Oklahoma, to the US Gulf coast.
- Argentina raises biofuel prices for domestic market 7/14
- Technip Energies' develops low-emission furnace design to reduce the carbon footprint of ethylene production 7/14
- Biofuel demand to soak up more than half of U.S. soyoil production next year, USDA says 7/14
- Russia's June seaborne oil product exports down 3.4% m/m 7/14
- Serbia seeks fifth U.S. sanctions waiver for Russian-owned oil firm NIS 7/14
- EIA: U.S. hydrocarbon production supported by export growth in long-term projections 7/14
