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Pacific NorthWest LNG Awards FEED Contract to KBR
(Tuesday, May 21, 2013) KBR Tuesday announced it was awarded a contract to execute FEED and early detailed engineering work for a world-scale LNG export facility at Lelu Island near Prince Rupert, British Columbia.
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ConocoPhillips Pulls Back on Plans to Sell Oil-Sands Assets
(Tuesday, May 21, 2013) ConocoPhillips is pulling back on plans to sell its Canadian oil sands assets after it exceeded its target for raising capital by divesting energy properties elsewhere.
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New U.S. Energy Chief Is Cautious on Gas Exports
(Wednesday, May 22, 2013) The new U.S. energy secretary raised the possibility of delaying further approvals for U.S. companies seeking to export natural gas.
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Total Sanctions Antwerp Modernization Project
(Wednesday, May 22, 2013) Total announced Wednesday that it will proceed with plans at its Antwerp, Belgium facility to add a new refinery upgrading complex and to install a new plant to convert low-value refinery fuel gases into low-cost petrochemical feedstock.
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Technip Reports Canada LNG Contract Award
(Wednesday, May 22, 2013) A consortium of Technip, Samsung Engineering and China Huanqiu Contracting & Engineering was awarded by Pacific NorthWest LNG Limited Partnership a contract for the FEED and early detailed engineering services of a grassroots LNG project.
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Valero Eyes Refinery Investment
(Thursday, May 23, 2013) Texas-based Valero Energy Corp. will invest as much as C$200 million in its Quebec refinery if Enbridge Inc. proceeds with its plan to reverse its Line 9 pipeline.
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Flood of Russian Diesel Puts Pressure on European Refiners
(Tuesday, May 21, 2013) Russia's slowing economy is leading to a flood of Russian diesel flowing to Europe, which could force a new round of European refinery closures.
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Petronas Exec: Decision on $20 Bln Petrochemical Project Delayed to 1Q 2014
(Wednesday, May 22, 2013) Malaysia's Petroliam Nasional Bhd. has deferred for another three quarters a decision to proceed with what the government describes as one of the country's most important oil-and-gas projects.
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House Passes Bill to Speed Keystone Approval
(Thursday, May 23, 2013) The bill, which won votes from 19 Democrats, eliminates the need for a special permit from Obama and declares a 2011 environmental review of Keystone sufficient.
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Cheniere Engages Lead Arrangers for Sabine Pass Project Debt Financing
(Wednesday, May 22, 2013) Cheniere Partners subsidiary Sabine Pass Liquefaction, LLC has engaged 17 financial institutions to act as Joint Lead Arrangers to assist in the structuring and arranging of credit facilities for four Sabine Pass LNG liquefaction trains.
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