While the industry works its way toward a recovery, Rigzone highlights specific soft skills that will be needed by oil and gas workers.
Top Soft Skills the Oil, Gas Industry Needs

Friday, December 09, 2016 While the industry works its way toward a recovery, Rigzone highlights specific soft skills that will be needed by oil and gas workers.
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  Current Downstream Headlines

Outlook & Insights
Minimize Costs with Rigorous Process Safety Design
(Friday, December 09, 2016) How can engineers make process safety design more holistic?

Trump's EPA Pick May Struggle to Dismantle Obama's Environmental Legacy
(Friday, December 09, 2016) Legal experts and former EPA officials said Scott Pruitt could score some early easy wins in January, killing reglations the Obama administration rushed through during his final months in office.

IHS Markit: EVs Could Account for 35 Percent of Vehicle Sales in 2040
(Friday, December 09, 2016) Electric vehicles could make up 15 to 35 percent of total new vehicle sales globally in 2040, according to IHS Markit.

Innovation Here to Stay as Oil, Gas Industry Seeks Competitive Edge
(Thursday, December 08, 2016) Innovation will continue to play a role as oil and gas companies seek to maintain competitive edge.

Exxon Cites N.Y. AG's 'Morally Vacant' Quip in Climate Fight
(Thursday, December 08, 2016) At a March conference where 20 state attorneys general met to strategize on environmental issues, New York's Eric Schneiderman said "morally vacant forces" were opposing President Barack Obama's green agenda.

Refining
Saudi Arabia Starts Telling Refiners Oil Supply Will Be Cut
(Friday, December 09, 2016) Saudi Arabia has started to tell its customers it will reduce crude shipments from January, with the curbs focused on Europe and North America while Asian refineries are so far largely spared.

Canadian Oil Sands Resurrected Amid OPEC Cut, Pipeline Approvals
(Friday, December 09, 2016) Canadian oil sands producers are finally ready to grow again as Cenovus Energy Inc. and Canadian Natural Resources Ltd. announce they are pushing ahead with expansion projects two years into the worst crude slump in decades.

Bahrain's Bapco Gets Bids for $5 Bln Refinery Expansion - Sources
(Friday, December 09, 2016) State-run Bahrain Petroleum Company (Bapco) has received bids from international construction companies to expand its Sitra oil refinery, industry sources said.

Icahn Cheers Trump EPA Pick Amid Calls for Fuel-Rule Revamp
(Friday, December 09, 2016) Since Oklahoma Attorney General Scott Pruitt's nomination on Wednesday, the price of ethanol RINs has plunged 15 percent from a three-year high to 90 cents each, according to broker data compiled by Bloomberg.

China Teapots to Extend Oil Buying Spree into 2017
(Thursday, December 08, 2016) China's small, independent refiners are set to raise their crude oil imports again in 2017 on expectations that Beijing will keep their intake quotas steady, market participants said, a move that should help eat up some of the global supply glut.

Biofuels
U.S. Renewable Fuel Credit Prices Drop After News of Trump's EPA Pick
(Thursday, December 08, 2016) The drop in prices for RINs also weighed on U.S. gasoline futures and refining margins, traders said, noting that falling RIN prices incentives fuel production and higher inventorieR.

Biofuel Producers Blast EU for Slashing Crop-based Fuel Use
(Thursday, December 01, 2016) European biofuel producers said a proposal by Brussels to nearly halve the level of crop-based biofuel used in the European Union by 2030 was a U-turn in policy that would threaten jobs and boost animal feed and crude oil imports.

Death of Castro Could Free Cuba to Produce Biofuels
(Thursday, December 01, 2016) Cuba currently produces 96 percent of its energy with fossil fuels, around 60 percent of which are imported.

Shell Studies Green Energy Deals to Prepare for Future After Oil
(Wednesday, November 30, 2016) "The idea that you can just be a very clever observer and step in when the moment is right, forget about it," Shell Chief Executive Ben van Beurden told Reuters.

Valero, Long a Critic of Ethanol Law, Joins U.S. Biofuels Group
(Tuesday, November 29, 2016) A subsidiary of Valero Energy Corp., a long-time critic of America's ethanol mandate, has joined the Renewable Fuels Association, one of the industry's biggest trade groups.

Petrochemical
Saudi's Sipchem Says Affiliate Signs 542.6 Mln Riyal Efficiency Contract
(Thursday, December 08, 2016) An affiliate of Saudi International Petrochemical Co (Sipchem) signed a contract with South Korea's eTEC E&C for work costing 542.6 million riyals ($144.6 million) to raise the efficiency of operations at its methanol plant in Jubail.

Canada Set to Agree Carbon Price, Marking Climate Split with Trump
(Wednesday, December 07, 2016) Canada's government and 10 provinces are set to agree a national carbon price on Friday, doubling down on a bid to cut greenhouse gas emissions just weeks before avowed climate change skeptic Donald Trump becomes U.S. President.

Indonesia Cuts Gas Prices for Some Companies from 2017 - Energy Ministry
(Tuesday, December 06, 2016) Indonesia on Tuesday told energy companies to cut natural gas prices for fertilizer, steel and petrochemical industries starting Jan. 1, 2017, in a renewed effort to bring down domestic gas prices.

Saudi's PetroRabigh Restarts Ethane Cracker -Statement
(Monday, December 05, 2016) Saudi Arabia's PetroRabigh said on Monday it restarted its ethane cracker after maintenance was completed, according to a bourse statement.

Alberta Petrochemical Projects Get C$500 Mln Royalty Credits
(Monday, December 05, 2016) The Canadian oil-producing province of Alberta will offer C$500 million ($377.84 million) in royalty credits to Pembina Pipeline Corp and Inter Pipeline Ltd for their petrochemical projects, the government said on Monday.

Pipelines
Poland's Gaz-System, Ukraine's Ukrtransgas Ink Gas Link Deal
(Thursday, December 08, 2016) Poland's Gaz-System has signed an agreement with Ukraine's Ukrtransgas to build a gas link to boost exports, the gas grid operator said on Thursday.

Energy Transfer Keeps Up Legal Pressure after Pipeline Defeat
(Wednesday, December 07, 2016) The company building the Dakota Access Pipeline turned to a federal judge late on Monday for a permit to finish the job after the federal government ruled against the controversial pipeline.

Energy Transfer Partners Pipeline Targeted in West Texas Protests
(Wednesday, December 07, 2016) Two people were arrested Tuesday at a pipeline protest in West Texas, bringing an intensifying political battle against oil and gas infrastructure to a state where the energy industry typically enjoys wide support.

India Gas Demand Growth Stymied by Slow Infrastructure Development
(Tuesday, December 06, 2016) "India is a compelling market ... (but) continues to lack infrastructure to support a gas-based economy," Hamad Mubarak Al Muhannadi, chief executive of Qatar's RasGas, told delegates at the conference on Tuesday.

With Dakota Access in Limbo, More Bakken Crude to Move on Trains
(Tuesday, December 06, 2016) As oil prices recover and U.S. shale production picks up, energy companies that had planned to ship crude on the Dakota Access Pipeline will turn to rail, a transport method that poses its own risks to the environment and local communities.

Terminals & Storage
Tanker Operators Hope New Routes Will Offset Impact of OPEC Cut
(Friday, December 09, 2016) Tanker owners are bracing for a volatile year ahead after enjoying some of the highest charter rates since 2008, with OPEC plans to curb crude output potentially cutting rates by more than 40 percent.

Houston, Antwerp Ports Pledge to Continue Collaboration
(Friday, December 09, 2016) Both ports have a strong industrial presence and significant petrochemical facilities in their respective areas.

U.S.-led Warplanes Destroy Fleet of Islamic State Oil Tankers in Syria
(Friday, December 09, 2016) The air strikes mean lost revenues of about $2 million to Islamic State, the estimated value of fuel in the trucks, the U.S.-led coalition said.

Oil Traders Prepare Flotilla to Ship U.S. Exports to Asia
(Friday, December 09, 2016) Oil traders and major producers are lining up a flotilla of carriers to ship more U.S. crude to Asia in December than in nearly two decades.

Oil Tanker Market Heads for Worst Year Since '13 on OPEC Cut
(Thursday, December 08, 2016) Oil-hauling supertankers are bracing for the worst earnings year since 2013 as they become collateral damage in OPEC's quest to trim a global glut of crude.

LNG / LPG
Japan's JERA Makes First-ever LNG Purchase from U.S. Mainland
(Thursday, December 08, 2016) JERA, a fuel joint venture between Tokyo Electric Power and Chubu Electric Power, said it bought the LNG from Cheniere Marketing International LLP, but did not give pricing details.

Eastern Australia Faces Gas Crunch from 2018, Market Operator Says
(Thursday, December 08, 2016) Eastern Australia could be short of natural gas starting in 2018 due to a sharp rise in LNG exports that would draw supply from the domestic market, the national market operator said on Thursday.

Thai Energy Panel Approves PTT's 15-yr LNG Deal with Petronas
(Thursday, December 08, 2016) Thailand's energy policy committee has approved a proposal for state-owned PTT Pcl to buy LNG from Malaysia's Petronas over a 15-year period, a senior energy ministry official said on Thursday.

Japan Buys Up to 24,150 T of LPG for National Reserves
(Thursday, December 08, 2016) State-run Japan Oil, Gas and Metals National Corp (JOGMEC) has bought LPG for storage in its national reserves via a tender on Thursday, a government official said.

Asian Prices Pass $8/mmBtu First Time Since 2015
(Thursday, December 08, 2016) Asian spot prices for LNG rose to their highest since mid-2015 this week as a deal by OPEC and Russia to cut crude oil output lifted the entire fuel complex, with winter weather in the Northern Hemisphere supporting gas markets.

Commodities
Oil Edges Up About 1% On Optimism Over Non-OPEC Output Cuts
(Friday, December 09, 2016) Oil prices rose about 1% on hopes that non-OPEC producers meeting in Vienna over the weekend would agree to output restrictions.

Canada Tries to Negotiate Carbon Price, Two Provinces Unhappy
(Friday, December 09, 2016) The Canadian government on Friday tried to negotiate a first-ever national carbon price with the country's 10 provinces, two of which appear increasingly unhappy about the potential financial price.

Oil Above $50 On Hopes For Non-OPEC Output Cuts
(Thursday, December 08, 2016) Oil rebounds from the week's lows to close above $50 a barrel.

Oil Slips On Bearish US Inventory Report, Doubts Over OPEC Cut
(Wednesday, December 07, 2016) Oil prices slide on bearish US petroleum inventory data and doubts that production cuts promised by OPEC and Russia will be deep enough.

Nigeria Oil Sales Should Be Centralised in Sector Overhaul -NNPC Head
(Wednesday, December 07, 2016) Nigeria's oil sales should remain the sole responsibility of one company rather than be split between two agencies as a draft of the country's long-awaited petroleum bill proposes, the head of state oil company NNPC said on Wednesday.

Finance & Acquisition
Refiner Phillips 66 Cuts 2017 Capital Budget by 25 Pct
(Friday, December 09, 2016) U.S. independent oil refiner Phillips 66 said it lowered its capital budget for 2017 by about 25 percent to $2.7 billion.

Bilfinger CEO Says Will Take Time for Iran to Regain Investors' Trust
(Thursday, December 08, 2016) The engineering services group won a contract worth several million euros in July to supply a process control system for the upgrade of one of Iran's largest refineries.

National Grid Picks Macquarie-led Group for $7 Bn Gas Grid Stake Sale
(Thursday, December 08, 2016) Britain's National Grid has sold a majority stake in its gas network in a 5.4 billion pound ($7 billion) deal which could test Prime Minister Theresa May's pledge to vet infrastructure sales to foreign buyers.

Australia's Santos to Focus on Long-life Gas in Growth Push
(Thursday, December 08, 2016) The push to focus on long-life gas assets comes after the company has struggled with the debt load for its flagship Gladstone LNG project amid a collapse in oil and gas prices, forcing a cost-cutting drive to boost cash flow.

Japan's Idemitsu, Showa Shell Say Not Decided on Capital Tie-up
(Wednesday, December 07, 2016) Japanese oil refiners Idemitsu Kosan and Showa Shell Sekiyu said they have not decided on a capital and business tie-up as reported by some media organisations, and that they are still working towards an eventual merger.

People on the Move
Top Soft Skills the Oil, Gas Industry Needs
(Friday, December 09, 2016) While the industry works its way toward a recovery, Rigzone highlights specific soft skills that will be needed by oil and gas workers.

Trump Pick of EPA Foe to Lead Agency May Spark Senate Fight
(Thursday, December 08, 2016) Although cabinet nominations can no longer be filibustered in the Senate -- and candidates can be confirmed by a simple majority vote -- Republicans will hold only a slim majority in the chamber next year.

TransCanada Names Siim Vanaselja Chairman of Board
(Thursday, December 08, 2016) TransCanada Corp, Canada's No. 2 pipeline operator, said on Thursday it named Siim Vanaselja chairman of the board.

Trump to Pick Foe of Obama Climate Agenda to Run EPA -Source
(Wednesday, December 07, 2016) Donald Trump will pick an ardent opponent of President Barack Obama's measures to curb climate change as head of the Environmental Protection Agency, a Trump transition team source said on Wednesday.

Philadelphia Energy CEO Rinaldi to Retire in March
(Tuesday, December 06, 2016) The chief executive of Philadelphia Energy Solutions, Phil Rinaldi, told employees in a memo on Tuesday that he plans to retire in March, raising questions about the future of the region's largest and oldest refinery.






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