||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.
||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.
||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.
||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.
||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.
||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.
||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.
||API: EPA Skirts Public Review for Proposed Tier 3 Gasoline Regs
(Tuesday, May 21, 2013) API Downstream Group Director Bob Greco said the EPA will be in violation of the Clean Air Act by limiting public comment on its proposed Tier 3 rules for gasoline.
||Shell CFO: Platts Provides Great Oil Price Transparency
(Tuesday, May 21, 2013) Royal Dutch Shell PLC does not know what exactly European Union regulators are investigating in a probe of the oil market, beyond what has been disclosed in public statements, the company's Chief Financial Officer, Simon Henry, said Tuesday.
||Iraq's Trade Bank to Participate in Building $12B Jordan Pipeline
(Wednesday, May 22, 2013) State-run Trade Bank of Iraq will participate in building the country's first oil export pipeline in decades, which will make the country less dependent on Persian Gulf export terminals, its president and chairman said Wednesday.