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Could Philadelphia Become 'Cushing East'?
(Friday, May 17, 2013) A crude-by-rail terminal under development near Philadelphia could become an East Coast oil trading hub.
Tesoro Says FTC Clears Deal for BP Refinery
(Friday, May 17, 2013) The U.S. Federal Trade Commission will allow Tesoro Corp. to go through with its plans to buy a BP Plc. owned refinery in southern California, bringing the two companies one step closer to sealing the deal sometime this quarter.
Oil Futures Follow Broader Markets to One-Week High
(Friday, May 17, 2013) Oil futures rise to a one-week high, as broader markets rally on positive US economic data.
Canadian PM Harper Takes Keystone Lobbying Campaign to U.S.
(Friday, May 17, 2013) Canadian Prime Minister Stephen Harper took his case for approval of the Keystone XL pipeline to the U.S., burnishing Canada's environmental credentials and saying the arguments for the project are "overwhelmingly on the side of approval."
Energy Department Approves Freeport Natural-Gas Export Permit
(Friday, May 17, 2013) The Obama administration on Friday cleared the way for broader natural gas exports by approving a $10 billion facility in Texas, a milestone in the U.S. transition into a major supplier of energy for world markets.
Petroleum Tanker Operator Enters US LNG Export Business
(Friday, May 17, 2013) Crowley Maritime Corp.'s petroleum services group is moving into the LNG market with the acquisition of Carib Energy LLC.
Texas Firm to Roll Out Mobile LNG, CNG Conversion Tech
(Thursday, May 16, 2013) AmericaCNG will begin rolling out in September mobile plants that will allow producers to monetize their NGL and convert methane production to LNG or CNG.
USW Members Ratify ExxonMobil Baytown Contracts
(Thursday, May 16, 2013) United Steelworkers (USW) local 13-2001 members Wednesday night ratified three separate agreements with ExxonMobil Baytown for the operations, maintenance and laboratory groups.
Pemex Official: New Pipeline to Triple Gas Imports from U.S.
(Thursday, May 16, 2013) The construction of a natural gas pipeline from southern Texas to central Mexico for state-owned oil company Pemex will allow gas imports from the U.S. to triple, to around 3 billion cubic feet per day by 2015, a Pemex official said Wednesday.
Crude-Oil Futures Settle up 86 Cents at $95.16/Barrel
(Thursday, May 16, 2013) Crude-oil futures prices settle higher, climbing on hopes for rising demand as the peak summer gasoline demand season approaches.
Sasol Awards Toyo FEED for La. LLDPE Project
(Thursday, May 16, 2013) Toyo Engineering was awarded a contract from Sasol North America, Inc. to provide FEED services for a 450,000 t/y LLDPE plant in Lake Charles, La.
W.Va. Governor Celebrates New Gas Pipeline Law
(Wednesday, May 15, 2013) Saturday marked five months since an explosion in a Columbia Transmission Corp. gas pipeline in Sissonville destroyed four homes and melted part of Interstate 77.
Saskatchewan Premier Pitches Carbon Capture Tech to U.S.
(Wednesday, May 15, 2013) Saskatchewan Premier Brad Wall says the province has game-changing carbon capture technology and he's trying to sell the idea to the world. Wall spoke Tuesday at an annual carbon capture conference in Pittsburgh.
New Brunswick Mayor Urges Pipeline Work for Canada's 'In-Between' Provinces
(Wednesday, May 15, 2013) A New Brunswick mayor says it's important that producers understand the advantages of a pipeline that would carry western crude oil to eastern refineries.
API: EPA Is Rushing Through New Gasoline-Emission Rules
(Wednesday, May 15, 2013) The American Petroleum Institute (API) May 7 said that the US Environmental Protection Agency (EPA) is rushing through the process to establish stricter standards on automobile emissions and sulphur content in gasoline.
Crude-Oil Futures Edge Higher After Inventory Report
(Wednesday, May 15, 2013) Crude-oil futures end a turbulent session little changed, after a report shows an unexpected drop in US oil stockpiles but also points to sliding gasoline demand.
Oil-Price Discounts Will Persist Unless Oil-Sands Pipelines Are Built, IAE
(Wednesday, May 15, 2013) Failure to build needed oil sands pipelines--particularly Keystone XL--could result in persistent price discounts and slow expansion of the sector, even as North American production booms, the International Energy Agency warned Tuesday.
Oxford Catalysts Group Accelerates Gas-To-Liquid Commercialization
(Wednesday, May 15, 2013) Oxford Catalysts Group plans to accelerate the commercial development of its scaleable modular GTL plants, which includes opening an office in Houston as a "shop front" for potential customers and hiring new staff, its CEO said Wednesday.
Alberta Revamps Energy Regulator
(Tuesday, May 14, 2013) Alberta's energy sector is getting a regulatory overhaul as the province aims to burnish its environmental reputation.
Global Shale Oil Impact to Vary By Country
(Tuesday, May 14, 2013) Shale oil production could reduce global oil prices and boost the global economy, but its impact will vary by country, according to a PwC study.