Economics
Mild weather, lower demand impels Argentina to rework LNG import deals
Argentina is diverting or cancelling incoming shipments of liquefied natural gas (LNG) after mild late winter temperatures curbed fuel demand and forced state-run LNG buyer and importer Enarsa to rework some deals.
Germany outlines deal with EU on green levy for co-generation plants
Germany resolved a dispute with the EU so that German firms that generate power for their own consumption can remain exempt from a green energy surcharge.
Canada regulator suspends TransCanada pipeline approval hearing
Canada's National Energy Board suspended Montreal hearings on TransCanada Corp.'s proposed Energy East pipeline after protests disrupted the first day of the process.
Mexico may liberalize gas prices in 2017
Mexico's government will propose that Congress bring forward one year the planned liberalization of gasoline prices.
Phillips 66 cuts output at Linden refinery amid weak margins
Phillips 66 cut production by roughly 5% at its 238 Mbpd refinery in Linden, New Jersey, amid weak refining margins.
ExxonMobil to put Montana refinery on block
ExxonMobil Corp. is in the first stages of seeking a potential buyer for its Billings, Montana, refinery, one of the company's only US plants that is not integrated with its chemical operations
Column: Asian refinery wars - China, India gain market share
China's surging exports of refined fuels have cut profit margins for Asia's refiners, but the pain is unlikely to be shared equally across all the region's exporters of oil products.
Chevron and ENN sign LNG sales and purchase agreement
Chevron USA Inc. signed a binding LNG sales and purchase agreementwith ENN LNG Trading Company Ltd. for the delivery of LNG to China from Chevron’s global supply portfolio.
Japan's JX, TonenGeneral merger deal imminent
Japan's JX Holdings and TonenGeneral Sekiyu are set to finalize details Wednesday, August 31 for a new merged company to be formed in April 2017.
Wärtsilä, Gasum aim to develop LNG markets
Wärtsilä and Finland based Gasum signed a joint cooperation agreement aimed at developing the use, distribution, and service solutions for natural gas in marine and onshore applications.
- Allied Biofuels signs PIA with Uzbekistan to advance $6-B biofuels refinery project 4/10
- India permits Iranian oil tankers to berth for Reliance 4/10
- TotalEnergies says SATORP refinery in Saudi Arabia damaged after incidents 4/10
- Australia, Singapore leaders pledge closer energy ties to tackle global supply shock 4/10
- Ireland facing 'very severe' situation due to protester fuel blockades, PM says 4/10
- Europe could face jet fuel crunch within weeks, airports body warns 4/10
