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Subject to environmental review and final regulatory approval, the facility is conditionally authorized to export at a rate of up to 1.4 Bcfd for a period of 20 years. The Department granted the first authorization to export LNG to non-FTA countries in May 2011 for the Sabine Pass LNG Terminal in Louisiana.
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Canadian Prime Minister Stephen Harper took his case for approval of the Keystone XL pipeline to the United States, burnishing Canada's environmental credentials and saying the arguments for the project are "overwhelmingly on the side of approval."
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Protests against a planned oil refinery and petrochemicals facility broke out in southwest China for the second time this month, as pressure mounted on local leaders over environmental impact of the project.
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Shell's Nigerian unit, Shell Petroleum Development Company (SPDC) declared force majeure on gas supplies to Nigeria LNG Ltd. (NLNG) following a reported gas leak on one of its pipelines, SPDC said.
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The Cost Reduction Task Force, which authored the report, found that carbon capture and storage technology could be a viable option for the UK government in meeting its carbon reduction targets. The report estimated that CCS technology could soon generate electricity at a breakeven cost.
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Petrobras was informed that a federal judge suspended environmental licenses granted by INEA for the refinery under construction in Rio de Janeiro state. The judge ruled that IBAMA had jurisdiction over licensing the project, forcing a halt in construction until IBAMA issued new licenses.
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The gas supply problem is expected to be alleviated with the Los Ramones project, a pipeline that will carry gas from southern Texas to the central Mexican state of Guanajuato, which is a hub for the Mexican auto industry. Pemex plans to release bidding rules next week for the longest part of the pipeline.
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HollyFrontier disclosed that unplanned outages at two of its refineries will reduce its crude throughput in the 2Q by about 7.5% from what it had been expecting. HollyFrontier spokeswoman Julia Heidenreich said the company felt the event was material and should be reported to shareholders.
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Gasoline retail activities have decreased in Western Europe, on the back of lower consumption due to the prolonged economic crisis. Lower cost retailers have also emerged, forcing some major companies to rethink their refining and marketing strategy and focus instead on oil exploration and production.
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The Ascend propane hydrogenation (PDH) project will be located at a site near Houston, according to regulatory filings. This marks the 14th Oleflex project that UOP has announced since the beginning of 2011, and the company's seventh Oleflex project in North America since the technology was developed.
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The new office will offer process licensing for India's refining and petrochemical sectors, and be GTC's center for engineering/procurement/construction management and a regional site for the company's energy services and process equipment business units. Investment terms were not disclosed.
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The company is seeking to lure investors back. In recent months, BG Group has fallen out of favor with investors and analysts following a write down on the value of its US natural gas assets, big cost overruns at a key LNG project in Australia and downgrades to its production forecasts.
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Petrobras says it is evaluating all possible measures related to the halt, which would stop work on one of the company's largest projects. The Comperj refinery will have installed capacity to process 165,000 bpd of crude oil when it enters operation in April 2015, with a second phase coming by 2018.
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US-based Celanese struck a deal with Japan's Mitsui & Co. to build a new methanol production unit at Celanese's integrated chemicals complex in Clear Lake, Texas.
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Exports of crude oil from northern Iraq have been suspended after a new bomb attack against a key pipeline, a Middle East shipping agent said. The attack took place at the north of the al-Shurgat area north of Baiji, some 200 kilometers north of the capital, Baghdad.
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PetroChina withdrew a bid for an Australian coal bed methane gas producer, but will continue to invest in other Australia projects because of their commercial value and importance for energy security.
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Cleanup is currently under way in Indianapolis after about 500 bbl of diesel fuel leaked there from a Marathon Petroleum pipeline last week. The "vast majority" of product has been recovered, and the affected section of pipe has been cut out and sent for testing.
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Enerkem is working on a new research project with the Canadian government to develop new catalytic processes for the conversion of waste into "drop-in" biofuels.
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Sunoco Logistics Partners has announced the acquisition of the Marcus Hook refinery, located on the banks of the Delaware River just south of Philadelphia, for $60 million. The 780-acre Marcus Hook refinery was owned by Sunoco Logistics' former parent company, Sunoco.
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Nearly half of the Lone Star State's 663 million metric tons of CO2 emissions came from petroleum fuels in 2010, according to a Energy Information Administration report. Coal and natural gas use and operations in the state contributed roughly a quarter each of the rest.
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Under the existing contract, Indonesia can renegotiate the price when oil prices shoot up. The price of oil strongly correlates with the price of natural gas and LNG. The current contract, signed in 2006, uses a formula which assumes an oil price cap of $38/bbl, resulting in a selling price of $3.45/MMBtu.
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During maintenance, which started in March, SAMREF boosted the reliability of the fluid catalytic cracker, which helps turn crude oil into gasoline, and upgraded the refinery to produce cleaner fuels.
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The power failure was triggered by a larger outage in Texas and New Mexico, Phillips 66 said in its filing with the Texas Commission on Environmental Quality. Units affected included the 25.2 crude distillation unit, one of the first steps in the oil refining process, and the 27.1 fluid catalytic cracking unit.
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The Obama administration is unlikely to make a decision until late this year as it painstakingly weighs the project's impact on the environment and on energy security. The decision may not be made until November, December or even early 2014, said the unidentified US official.
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Citgo Petroleum shut down part of the western plant of its refinery in Corpus Christi, Texas, according to a government filing made public. The Corpus Christi refinery can process up to 165,000 bpd into gasoline, diesel and petrochemicals, according to Citgo's website.