Americas
IEA urges fix of renewable energy subsidies
Governments offering financial incentives to renewable energy generation technologies must do more work to make this support more cost effective, the International Energy Agency said Wednesday. Problems can be avoided by quickly adapting subsidy policies as technologies evolve and their costs fall, said the agency.
Foster Wheeler wins project management deal for Wyoming gas storage facility
Foster Wheeler has been awarded a contract by Ryckman Creek Resources, a subsidiary of Peregrine Midstream Partners, for project management support for the 35 billion-cubic-foot Ryckman Creek natural gas capacity storage facility. Foster Wheeler upstream's work on the contract is expected to continue through the third quarter of 2012.
Flint Hills celebrates 30 years in Corpus Christi
Since 1981, the year that Flint Hills Resources began operating in Corpus Christi, Texas, more than $3.1 billion in projects have been completed.
Cheniere's second LNG contract fills export capacity target
Cheniere Energy Partners' Sabine Pass Liquefaction subsidiary has entered into a 3.5-metric-MMtpy LNG sale and purchase agreement with Gas Natural Fenosa. The agreement follows on the heels of an $8 billion, 3.5-metric MMtpy agreement between Cheniere and BG Group in October.
SemGroup to expand midstream business with new gas plant
SemGroup Corp. and Exterran Holdings Inc. announced today the development of a new gas processing plant for SemGroup subsidiary SemGas LP.
EPA punts on GHG regs for refineries
The US Environmental Protection Agency was facing a mid-December deadline to propose regulations limiting greenhouse gas emissions from oil refineries. With that date drawing near, the EPA acknowledged it was in a fourth and long situation.
East West ties up with Halliburton for shale plays
East West Petroleum Corp. announced today that it has entered into a contractual agreement with Halliburton. This collaborative effort will target potentially rich shale plays in North America, Europe and a limited number of other selected geographic areas.
Chevron works to contain oil sheen offshore Brazil
Chevron Corp. recently reported that its subsidiary, Chevron Brasil Upstream Frade, continues to work in partnership with Brazilian government agencies to contain, reduce and eliminate the remaining oil sheen in the vicinity of its Frade field.
Linde hydrogen plant receives Responsible Care Certification
Linde North America announced today that it has received certification of its Salt Lake City, Utah hydrogen plant under the Responsible Care program offered by the American Chemistry Council.
US Gulf needs more oil pipeline projects following Seaway reversal - report
The acquisition by Canada's Enbridge of a 50% stake in the Seaway oil pipeline and the reversal of crude oil flows at the Cushing terminal will not end the need for additional investment in similar Gulf coast projects. Fitch Ratings believes that over the long term, TransCanada's Keystone XL project, while still subject to regulatory risk, is likely to proceed once State Department approval is received.
- Indonesia's Pertamina to merge refinery, shipping and retail operations 9/12
- BlackRock-led group in talks to raise around $10.3 billion for Aramco deal 9/12
- ABS approves blue ammonia FPSO concept from SBM Offshore 9/12
- Pakistan's top refiner Cnergyico to boost fuel oil exports as domestic sales plummet 9/12
- E20 fuel safe but curbs vehicle performance, Mahindra executive says 9/12
- Canada may drop oil emissions cap as part of new climate plan 9/12
