Crude oil
HP Associations: Growing the fuel pool
Whether refiners like it or not, the drumbeat for renewable fuels grows daily. The building momentum for such fuels is boosted by government mandates and regulations. Unfortunately, the tidal wave for..
Husky purchases property from ExxonMobil Canada and moves forward with Sunrise
Husky Energy has signed a purchase and sale agreement with ExxonMobil Canada Ltd. to acquire oil and natural gas properties in Alberta and northeast British Columbia.
Eni starts major heavy oil project in Venezuela
Eni and PDVSA are working on two projects: PetroJunín, dedicated to the development of the Junín 5 Block, located in the Orinoco Oil Belt some 550 kilometers south east of Caracas, and PetroBicentenario, dedicated to the construction and operation of a refinery in the area of the existing industrial coastal complex of Jose.
Chevron to sell fuels marketing and aviation businesses in parts of the Caribbean and Central America
Chevron has agreed to sell its fuels marketing and aviation businesses in Antigua, Barbados, Grenada, Dominica, St. Lucia, St Vincent, Guyana, St. Kitts, French Guiana, Martinique, Guadeloupe, Trinidad, Nicaragua, Costa Rica and Belize to Vitogaz, SA, a wholly-owned subsidiary of RUBIS, an international downstream petroleum company based in France.
Ivanhoe Energy’s Tamarack project marks major advance
Ivanhoe Energy has completed a major milestone towards commercial production at its Tamarack project with the submission of its regulatory application to the government of Alberta, Canada.
Statoil exercises one year option with Aker Solutions at Mongstad refinery
Statoil has exercised a one year option to extend its contract with Aker Solutions at the Mongstad refinery in Norway.
Genesis Energy grabs a 50% interest in Cameron Highway Oil Pipeline
Genesis Energy has executed a definitive agreement to purchase Valero Energy’s indirect 50% equity interest in Cameron Highway Oil Pipeline, a partnership, for $330 million in cash.
Chavez bemoans US regulation and Citgo profitability
The human quote machine and general despot of Venezuela Hugo Chavez is once again in the news, this time for bad mouthing the Venezuelan-owned company known as Citgo.
Technip finalizes agreements with MISC and MHB
Technip has finalized its agreements with MISC Berhad and Malaysia Marine and Heavy Engineering Holdings Berhad (MHB), two companies within Malaysia’s national oil corporation, Petroliam Nasional Berhad (Petronas), to establish their long-term collaboration.
Oil and gas reserves increased 3% in 2009
The worldwide upstream investment of 224 oil and gas companies decreased 23% to $378 billion in 2009, according to the 2010 Global Upstream Performance Review, released by oil and gas research firm IHS Herold.
- Veolia and SBM Offshore partner to deploy near-shore, floating desalination units 1/15
- Formosa Petrochemical extends Taiwan cracker shutdown due to weak derivative margins 1/15
- Cargill advances maritime Decarbonization with delivery of first green methanol dual-fuel vessel 1/15
- Key U.S. energy, power trends at home and on world markets 1/15
- U.S. to finalize 2026 biofuel quotas by early March, drop import penalties 1/15
- India's Nayara Energy buys only Russian oil in Dec for 5th straight month 1/15
