Americas
Magellan to buy refined product pipelines of Plains in Rocky Mountain region
The assets to be sold from Plains include a pipeline system that delivers refined products throughout Wyoming, South Dakota and Colorado and associated tankage, as well as a pipeline system that delivers refined products from El Paso, Texas, to Albuquerque, N.M., and Juarez, Mexico.
C3 Petrochemicals plans new Texas PDH plant
If the application is approved, C3 Petrochemicals will build a new propane dehydrogenation (PDH) plant near Alvin, Texas, to produce polymer- and chemical-grade propylene.
BP may receive $16 billion offer from US to settle Gulf oil spill civil claims
The settlement offer would cover potential fines owed by BP under the Clean Water Act and payments under another process known as the Natural Resources Damage Assessment. The fines stem from the massive Gulf of Mexico oil spill that ensued from the Deepwater Horizon well blowout in April 2010.
Cheniere to start US LNG export facility in late 2015
The announcement underscores how Cheniere, the only company to possess the necessary government permits to export natural gas to countries not in free-trade agreements with the US, is on schedule with its first two processing units while government regulators pore over other permit applications.
API appeals E15 gasoline rule to US Supreme Court
The group alleges that had EPA stayed within its statutory authority and followed proper procedures, it would have waited until ongoing E15 testing on engines and fuel systems was completed before allowing the use of E15. Then it would have found that E15 is not safe for numerous vehicles.
US crude rail deliveries hit record high, still rising
Refiners increasingly depend on rail cars to bring in the oil being produced in increasing quantities throughout the US and Canada. Innovations in drilling techniques have allowed oil companies to cull oil from shale formations faster than pipeline companies can connect the wells to market.
Worker found dead at Valero refinery in Oklahoma
Valero said the cause of death is unknown and is under investigation -- there are no signs of any release, "no fire, no explosion, nothing like that". The refinery's emergency response team called an ambulance after the man was found unconscious, and the man was pronounced dead at the hospital.
US court ruling could cut BP's final spill penalty
A judge in New Orleans agreed to a stipulation that could reduce BP's maximum penalty in connection with the Deepwater Horizon accident by as much as $3.5 billion.
BP to fight US government over size of oil spill fine
The company said it believes the US government's estimate that 4.9 million bbl of oil were spilled in the Gulf of Mexico during the incident is overstated by at least 20% and includes another 810,000 bbl of oil that BP captured from the leaking well, so it never made contact with the environment.
EmberClear finishes technical study on Mississippi gas-to-liquids proposal
If the project proceeds, it will be capable of producing 4,000 tpd of methanol or 14,000 bpd of gasoline. This project's proximity to cheaper sources of gas and the Gulf Coast petrochemical hub creates the potential for attractive pricing, efficient access to markets and multiple modes of transportation.
- U.S. firms to develop Syria energy masterplan after Trump lifts sanctions 7/18
- Russian seaborne diesel exports for July 1–15 fall 6% month-on-month 7/18
- INEOS invests £30 MM to slash emissions at Hull site by 75% 7/18
- Mitsubishi Chemical Group invests in Licella Holdings, oil conversion technology using supercritical water 7/18
- BASF and Equinor sign 10-yr natural gas supply agreement 7/18
- Oil prices rise after new EU sanctions on Russia 7/18
