Americas
Companies propose 800-mile Alaska gas pipeline
Under the companies' plan, an 800-mile pipeline would be built with the capacity to ship 3 billion to 3.5 billion cubic feet of gas to an area near a port where the gas would be turned into a liquid. The LNG would be stored in tanks and loaded onto tankers from a loading jetty with two berths.
Obama to propose $200mn in energy efficiency funding for US states
The proposed energy-efficiency funding would "support state governments that implement effective policies to cut energy waste," specifically measures such as modernizing utility rules and building codes to encourage efficiency and standardizing financing for energy-efficiency upgrades, the summary said.
Enbridge, partners plan pipeline to ship Canadian, Bakken crude to US Gulf
The companies said the Patoka hub can receive crude oil from both western Canada and North Dakota's Bakken play through a variety of existing pipelines as well as through Enbridge's Southern Access Extension pipeline, which is under development. The pipeline is expected to be in service by 2015.
Foster Wheeler signs technology pact with Shell for global downstream work
Under this agreement, Shell may request Foster Wheeler to provide support in basic engineering packages for the following technologies: distillation, hydrocracking, hydrotreating, thermal conversion, ethylene oxide, pyrolysis gas, fluid catalytic cracking and CANSOLV sulfur dioxide scrubbing.
EDF, Exmar propose floating LNG plants in US
Floating plants could give companies a large head start over many other gas-export projects, which must wait for government approval before building their land-based liquefaction facilities. Even Cheniere Energy won't be done building its export terminal in Sabine Pass, Louisiana, until 2016.
Airgas to build Houston liquid carbon dioxide plant
The new plant will replace the Airgas plant at the Shell Deer Park refinery complex that is expected to close late this year. Airgas says it has entered into long-term agreements with affiliates of Denbury Resources to transport and deliver feedstock of raw carbon dioxide to the new Airgas facility.
Pemex awards work to Technip for revamp of Lara Sosa refinery in Mexico
The scope of work includes the detailed engineering, procurement, construction, training, commissioning and start up for the recondition of the combustion gases system of the No. 1 catalytic plant (FCC) of the refinery. Technip's operating center in Mexico City, Mexico, will execute the project.
IEA lowers forecast for global oil demand growth, warns of China slowdown
In its closely-watched monthly report on the oil market, the watchdog agency cut its oil demand growth forecasts for the coming year by a marginal 90,000 bpd, but warned that recent signs of recovery in the global oil demand could be the result of one-off factors, rather than sustained improvement.
CB&I formally acquires US engineering major Shaw
CB&I had said that combining the two companies would create "one of the most complete engineering, procurement, fabrication, construction, maintenance, and associated services companies in the world". CB&I plans to operate Shaw as a business sector under the brand name CB&I Shaw.
EIA sees slim US oil demand growth through 2014
With the downward revision for 2012, the EIA now sees 2013 US demand rising 0.3%, to 18.65 million bpd, with 2014 demand up 0.4%, at 18.72 million bpd. The 2014 figure would be down 10%, or nearly 2.1 million bpd below the demand peak hit in 2005 of 20.8 million bpd.
- 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
