Americas
Federal Reserve proposes new limits on Wall Street energy bets
The Federal Reserve outlined a plan to limit Wall Street bets on the energy sector by forcing companies like Goldman Sachs and Morgan Stanley to hold more capital against such investments.
Petrobras may mothball LNG terminal, Ceara thermal plant
Petrobras fears problems with its LNG regasification terminal in Ceara state and a nearby thermoelectric plant could force it to mothball the assets.
Alaska, ConocoPhillips to form LNG JV
The State of Alaska and will form a JV company to facilitate marketing LNG from the Alaska LNG project to global LNG markets.
Shell says Norco, Louisiana chemical plant upset triggers flaring
Shell said the flaring Thursday at the Norco, Louisiana manufacturing complex shared with the Motiva Enterprises refinery was due to an upset in Shell's chemical plant.
PDVSA ratifies commitment to Isla Refinery
PDVSA refuted media statements that the Isla refinery would be operated by another entity.
US crude inventories fall unexpectedly for third week
US crude oil inventories fell sharply, the third consecutive week of unexpected declines, while gasoline stocks decreased nationwide.
Southeastern US Colonial pipeline safely restarted
Colonial Pipeline Co. said its main gasoline line, Line 1, was safely restarted and returned to service Wednesday after its biggest leak in nearly two decades squeezed supply in the southeastern US.
Linde to expand Delaware industrial gases plant
Linde LLC will spend over $100 MM to increase the production of its industrial gases plant in Claymont, Delaware.
Bilfinger wins $100 MM contract for Beaumont, Texas methanol plant
Bilfinger has won an order worth more than $100 MM in connection with construction of the Natgasoline methanol plant in the city of Beaumont in southeastern Texas.
Motiva Port Arthur refinery output unaffected by leak
Production at Motiva Enterprises 603 Mbpd Port Arthur, Texas, refinery was unaffected by a leak of hydrogen sulfide from sulfur recovery unit 2.
- CNOOC completes construction on $2.9-B, 1.8-MMtpy integrated complex in east China 8/22
- bp's Whiting refinery (U.S.) continues to flare days after severe thunderstorm 8/22
- Bachmann introduces latest version M-Target for Simulink 8/22
- U.S. to rule on biofuel waivers, but big oil refiners may need to wait 8/22
- Chinese independent refiner Hongrun buys Canadian, Brazilian crude 8/22
- Ukrainian attack suspends Russian oil flows to Hungary, Slovakia 8/22
