Americas
Koch Pipeline starts up South Texas crude terminal
Koch Pipeline has started up operations at its Helena terminal in Karnes County, Texas, and is now receiving Eagle Ford crude oil, according to the company.The terminal will allow more efficient transportation of crude oil by eliminating the distance trucks have to travel.
Honeywell picks Jacobs to engineer Louisiana refrigerants expansion
Jacobs has been awarded a contract from Honeywell to provide engineering services for the expansion of its Baton Rouge, La. manufacturing facility. The expansion enables the Baton Rouge facility, one of the leading refrigerants suppliers in the US, to produce Honeywell's new low-global-warming-potential (GWP) blowing agent and propellant on a commercial scale.
TransCanada to do 'whatever is necessary' for Keystone pipeline
TransCanada said it will work with the US State Department to do "whatever is necessary" to help in securing the construction of its Keystone XL pipeline. The 1,600-mile-long pipeline would run through seven states, the company noted.
Technip wins engineering for Lucius deepwater project in US Gulf
Technip was awarded a lump sum contract by Anadarko Petroleum for the engineering, construction and transport of a 23,000 ton truss Spar hull for their Lucius deepwater project in US Gulf of Mexico. The floating production facility will have a capacity of 80,000 bpd of oil and 450 million cubic feet/day of natural gas.
US Republicans seek to sideline EPA in overseeing offshore drilling
House Republicans are trying to sideline the role of the Environmental Protection Agency (EPA) in overseeing offshore oil drilling, after Royal Dutch Shell complained about the amount of time it is taking the company to secure air-quality permits for drilling in the Arctic Ocean.
Cameron to pay BP $250mn in Gulf spill settlement
BP on Friday reached agreement with Cameron International Corp., the designer and manufacturer of the Deepwater Horizon blowout preventer, to settle all claims between the companies related to the Deepwater Horizon accident and spill. Cameron will pay BP $250 million
Shell sees 'encouraging response' to proposed Louisiana-to-Texas crude pipeline
Shell Pipeline received a very encouraging response to its non-binding solicitation of interest period for firm capacity on its proposed Westward Ho pipeline project. Shell plans to seek binding capacity commitments from shippers for the project through an open season in early 2012.
Enbridge closes deal for Cabin gas plant in Canada
Enbridge on Friday announced the closing of its acquisition of a 71.0% interest in phases 1 and 2 of the Cabin gas plant development in Canada, which together will be capable of processing 800 million cubic feet per day (Mmcf/d) of natural gas.
Economic concerns cloud 2012 energy outlook for North America - report
The North American energy industry faces a generally stable operating environment although ongoing sovereign and economic concerns are risks in 2012. The single biggest threat to the crude oil market remains a decrease in overall global demand, due to the risks of potential recession in the US and/or Europe and a decline in China's economy.
TransCanada nets more commitments to proposed Keystone XL extension
TransCanada says it has received additional binding commitments in support the Keystone XL pipeline following the successful conclusion of its Keystone Houston lateral open season. The Keystone pipeline system has now secured long-term firm contracts in excess of 1.1 million bpd, the company said.
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