Americas
Petronas plans to invest $20bn in British Columbia project for LNG exports
The company, known as Petronas, is planning two LNG trains of 6 million tpy each under the Pacific NorthWest LNG project by the end of 2019. The export terminal project in British Columbia was acquired by Petronas last year as part of its $5.2 billion purchase of Canada's Progress Energy Resources.
China's CNPC to join key Ecuador refining project
CNPC Chairman Zhou Jiping had signed a framework agreement with Ecuador's Coordinating Minister for Strategic Sectors and Petroecuador's President, under which CNPC "will take a share in the construction of the Pacific Refinery project and participate in the exploration and development."
BP, Coast Guard conclude Gulf oil spill cleanup in three states
The US Coast Guard is ending active Deepwater Horizon cleanup in Mississippi, Alabama and Florida, concluding a three-year effort to repair the Gulf of Mexico shoreline.
IEA seeks new energy policy to cut GHG emissions
The International Energy Agency called on governments around the world to act to adopt better energy-efficiency measures, cut back on the use of inefficient coal-fired power plants, minimize methane emissions from oil and gas production, and accelerate the removal of fossil fuel subsidies.
Neste Oil to buy algae oils from Cellana to use as biofuels feedstock
The agreement will enable Neste Oil to purchase Cellana's algae oil for use as a feedstock in the future for producing renewable fuel. The deal is contingent on Cellana's future production capacity and on compliance with future biofuel legislation in the EU and US, among other factors.
Petrobras delays Comperj refinery startup to 2016
Speaking during an event Friday, Petrobras CEO Maria das Gracas Foster said environmental license issues and changes to the refinery's design were the reasons for the delay. The Comperj refinery will have installed capacity to process 165,000 bpd of crude oil when it first enters operation.
ExxonMobil to fund training program for Houston chemical industry jobs
The initiative will build on the success of the nationally-recognized ExxonMobil process technology program at Lee College and will benefit 50,000 students and educators over the next five years.
BG inks new LNG supply deal with Chile's Endesa
After Henry Hub prices declined sharply, BG sought to renegotiate the conditions on long-term LNG supply contracts signed in 2007 with Endesa, state oil company Enap, and Metrogas. Endesa officials said the gas deal will help the development of new gas-fired projects in central Chile.
Wood Group Mustang to build Texas pipelines for Dow ethylene project
Wood Group Mustang has previously provided a full spectrum of services for Dow's pipeline assets, including support for the company's Texas pipeline integrity program. Following completion of front-end loading (FEL) in 2012, detailed design for the project began in February 2013.
ExxonMobil Chemical wins top AFPM safety award at Baytown complex
Some 1,350 employees and contractors at ExxonMobil's Baytown chemical plant were recognized for safety performance in more than 5 million work hours in 2011 and 2012 with no recordable injuries.
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
- Japan to boost intermediate chemical imports amid tighter naphtha supply 4/6
- Five EU countries call for windfall tax on energy companies 4/6
