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Americas

Canada approves $27 B LNG complex; Petronas to review

Malaysia's Petronas said it would review a proposed $27.25 B LNG project in western Canada after Ottawa approved the project with conditions to limit the environmental impact.

Aruba parliament approves reactivation of Citgo refinery

Aruba's parliament approved a law that permits the reactivation of the Caribbean island's 235 Mbpd refinery, operated by Citgo Petroleum.

IndianOil and USTDA sign an agreement to promote cleaner fuels in India

The US Trade and Development Agency and IndianOil will jointly work to explore cleaner fuels.

Dakota Access pipeline hangs over White House tribal summit

President Barack Obama will convene his final Tribal Nations Conference, even as one of the largest Native American protests in decades continues in North Dakota.

Federal Reserve proposes new limits on Wall Street energy bets

The Federal Reserve outlined a plan to limit Wall Street bets on the energy sector by forcing companies like Goldman Sachs and Morgan Stanley to hold more capital against such investments.

Petrobras may mothball LNG terminal, Ceara thermal plant

Petrobras fears problems with its LNG regasification terminal in Ceara state and a nearby thermoelectric plant could force it to mothball the assets.

Alaska, ConocoPhillips to form LNG JV

The State of Alaska and will form a JV company to facilitate marketing LNG from the Alaska LNG project to global LNG markets.

Shell says Norco, Louisiana chemical plant upset triggers flaring

Shell said the flaring Thursday at the Norco, Louisiana manufacturing complex shared with the Motiva Enterprises refinery was due to an upset in Shell's chemical plant.

PDVSA ratifies commitment to Isla Refinery

PDVSA refuted media statements that the Isla refinery would be operated by another entity.

US crude inventories fall unexpectedly for third week

US crude oil inventories fell sharply, the third consecutive week of unexpected declines, while gasoline stocks decreased nationwide.