Economics
Sunoco sells Toledo refinery to PBF
Sunoco, Inc. has reached a definitive agreement to sell its 170,000 bpd refinery in Toledo, Ohio, to Toledo Refining Co LLC, a wholly owned subsidiary of PBF Holding Co. LLC.
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.
EIA report on financial health of major energy companies for third quarter 2010
"Financial news for major energy companies (the News)" is a report on the recent financial performance of major US oil and natural gas companies.
Statoil recruits PTTEP for its Alberta oil sands project
Statoil has agreed to sell a 40% interest in its oil sands project in Alberta, Canada, to PTT Exploration and Production (PTTEP) of Thailand.
Aon launches global energy risk engineering unit
Aon Risk Solutions has consolidated its energy risk engineering assets around the world to form a new unit, known as Aon Energy Risk Engineering.
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.
Petroplus plans to convert Reichstett refinery site to a terminal
Petroplus Holdings AG announced an update on the strategic review of its Reichstett refinery in France that was launched in April to evaluate alternatives for the site.
ConocoPhillips and Sasol North America to reimburse costs for Calcasieu Estuary cleanup
ConocoPhillips and Sasol North America have agreed to a settlement of claims to resolve their liability to the EPA for contamination in the Calcasieu Estuary of Louisiana.
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.
- Allied Biofuels signs PIA with Uzbekistan to advance $6-B biofuels refinery project 4/10
- Nufarm strengthens strategic collaboration to support long term growth in biofuels production 4/10
- Pertamina and CRecTech sign MoU to explore pilot biogas-to-biomethanol facility in SEZ, Indonesia 4/10
- Shell Chemicals and Syensqo partner to deliver low-carbon ethylene oxide solutions 4/10
- HAMR Energy’s nationally significant fuel projects selected for Australian Government’s Investor Front Door Pilot 4/10
- HD Hyundai Heavy Industries builds world's first ammonia-powered vessel 4/10
