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.

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.

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.

Drevna Applauds RFS Legislation
(Monday, May 20, 2013) AFPM President Charles T. Drevna said that his organization supports the Foreign Fuels Reduction Act legislation recently introduced by Sens. Bob Corker (R-TN) and Joe Manchin (D-WV).

Pemex Files Suit to Recover Nearly $160MM from Siemens, SKEC
(Monday, May 20, 2013) Pemex and its affiliate Pemex-Refinacion (PREF) have filed a lawsuit in New York seeking to recover nearly $160 million from German multinational Siemens and South Korea's SK Engineering & Construction Co. Ltd. (SKEC) in a global bribery case.

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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.

Shake Up Among Kuwaiti Oil Executives
(Monday, May 20, 2013) Kuwait Petroleum stated that the reshuffle wasn't linked to the crisis over the controversial payment of a $2.2 billion penalty to Dow Chemical for scrapping a joint venture in December 2008.

Sumitomo Chemical in the Red on Sharp Fall in Demand
(Friday, May 17, 2013) A sharp drop in Asian demand and in other overseas markets has resulted in a 51 billion yen loss (S$620 million) in FY2012 by Sumitomo Chemical - the largest Japanese investor on Jurong Island.

Kunming Residents Protest PetroChina Paraxylene Project
(Thursday, May 16, 2013) Residents of the southwestern Chinese city of Kunming took to the streets Thursday for a protest against the construction of a state-run chemical and petroleum refinery.

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.

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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.

PAA to Extend Western Oklahoma Oil Pipeline
(Monday, May 20, 2013) Plains All American Pipeline announced it is constructing a 95-mile extension of its existing Oklahoma crude oil pipeline system to service increasing production from the Granite Wash, Hogshooter and Cleveland Sands producing areas.

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."

More Violence Affects Final Stage Construction of Myanmar-China Pipeline
(Friday, May 17, 2013) Two Myanmar nationals working as subcontractors for CNPC were killed this week during shooting at a Myanmar Oil and Gas Enterprise compound near the Chinese border in the troubled Shan State of northern Myanmar.

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.

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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.

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.

EQT Honors Vet Taxi Drivers for Memorial Day with Free CNG
(Tuesday, May 21, 2013) When EQT opened its CNG station in downtown Pittsburgh in July 2011, one of the first local companies to become a regular customer was a transportation service that employs military veterans as drivers and uses vehicles that run on 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.

US Approval of LNG Exports Paves Way for Asian Spot Market
(Monday, May 20, 2013) Japanese LNG buyers see U.S. government approval for a Texas LNG facility to export gas to countries with which it doesn't have free-trade agreements as a step forward.

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