Americas
Cheniere's second LNG contract fills export capacity target
Cheniere Energy Partners' Sabine Pass Liquefaction subsidiary has entered into a 3.5-metric-MMtpy LNG sale and purchase agreement with Gas Natural Fenosa. The agreement follows on the heels of an $8 billion, 3.5-metric MMtpy agreement between Cheniere and BG Group in October.
SemGroup to expand midstream business with new gas plant
SemGroup Corp. and Exterran Holdings Inc. announced today the development of a new gas processing plant for SemGroup subsidiary SemGas LP.
EPA punts on GHG regs for refineries
The US Environmental Protection Agency was facing a mid-December deadline to propose regulations limiting greenhouse gas emissions from oil refineries. With that date drawing near, the EPA acknowledged it was in a fourth and long situation.
East West ties up with Halliburton for shale plays
East West Petroleum Corp. announced today that it has entered into a contractual agreement with Halliburton. This collaborative effort will target potentially rich shale plays in North America, Europe and a limited number of other selected geographic areas.
Chevron works to contain oil sheen offshore Brazil
Chevron Corp. recently reported that its subsidiary, Chevron Brasil Upstream Frade, continues to work in partnership with Brazilian government agencies to contain, reduce and eliminate the remaining oil sheen in the vicinity of its Frade field.
Linde hydrogen plant receives Responsible Care Certification
Linde North America announced today that it has received certification of its Salt Lake City, Utah hydrogen plant under the Responsible Care program offered by the American Chemistry Council.
US Gulf needs more oil pipeline projects following Seaway reversal - report
The acquisition by Canada's Enbridge of a 50% stake in the Seaway oil pipeline and the reversal of crude oil flows at the Cushing terminal will not end the need for additional investment in similar Gulf coast projects. Fitch Ratings believes that over the long term, TransCanada's Keystone XL project, while still subject to regulatory risk, is likely to proceed once State Department approval is received.
US October oil demand up 2.5% from 2010 - API
Total US petroleum deliveries (a measure of demand) rose 2.5% in October compared with October a year ago, according to new data from the American Petroleum Institute (API) trade group. "Our economy is growing modestly, and the overall demand numbers support that," the API said.
Energy minister urges Canada to diversify exports beyond US, include Asia
Canadian Energy Minister Joe Oliver said Friday the country must diversify its energy exports beyond the US to include Asia and China. He said Asian markets, in particular China, are ready buyers.
Seaway pipeline reversal to ease US Midwest oil supply glut
The decision to reverse the flow of a key oil pipeline should alleviate a supply bottleneck that has trapped crude in the Central US for the better part of this year. "What you're going to see is WTI more closely aligned with your global crude prices," said Brian Milne, refined fuels editor at Telvent DTN.
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