Economics
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.
ExxonMobil, BP, ConocoPhillips decide not to invest in Alaska LNG
ExxonMobil will likely sell their share of the Alaska LNG JV with BP, Conoco Phillips and the state government, as they believe the project will not be profitable under current market conditions.
- HIF Global and German eFuel One GmbH sign HoA for e-methanol offtake 2/20
- Venezuela's refineries boost processing to 35% of capacity 2/20
- New Trinidad gas projects could provide necessary feedstock for country's petchem and LNG sectors 2/20
- MK-Polymer delivers ethylene-propylene rubber to JSC Kazenergokabel 2/20
- Mexican authorities shut down 22-m long tunnel used in illegal smuggling of fuel supplies 2/20
- Digital Feature: First-stage ejector nozzle retrofit achieves meaningful performance improvement 2/20
