Americas
Open season begins for proposed Marcellus ethane pipeline
El Paso Corp. and Spectra Energy Corp. say that the Marcellus ethane pipeline system (MEPS) is holding a 30-day open season. The open season is an effort to secure binding commitments from potential shippers that desire ethane transportation service.
US government agencies band together to address oil and gas air quality issues
The US Environmental Protection Agency (EPA), the US Department of the Interior (DOI), and the US Department of Agriculture (USDA) today released an interagency approach to address air quality issues associated with onshore oil and gas development on public lands.
Release of strategic oil reserves: New form of economic stimulus
On June 23 International Energy Agency (IEA) members announced the release of 60 million barrels of strategic oil reserves over a month—the equivalent of 2 million barrels per day (bpd) for 30 days. Half of this amount—30 million barrels—will come from the US Strategic Petroleum Reserve (SPR), which currently holds 726.5 million barrels of crude. The release of 60 million barrels over 30 days will temporarily increase world oil supply by about 2.3 percent.
ISA releases program for Automation Week
The International Society of Automation (ISA) has released the advance program for ISA Automation Week. This annual, international conference will take place October 17-20, 2011, at the Arthur R. Outlaw Convention Center in Mobile, Alabama.
Safety system earns certification to NFPA 72: 2010
FM Approvals, the nationally recognized testing laboratory, performed the system evaluation and certification.
Shell, Canadian government give green light to Quest CCS project
Shell today has signed agreements with the governments of Alberta and Canada to secure $865 million in funding for its Quest carbon capture and storage (CCS) project in Canada.
Westlake shuts PVC pipe plant amid excess supply
Westlake Chemical said on Thursday that its subsidiary North American Pipe has shut down its polyvinyl chloride (PVC) pipe production facility in Springfield, Ky., in an effort to reduce costs and optimize production operations amid excess capacity in the PVC pipe market.
IEA nations to tap oil reserves as supply disruptions continue in Libya
International Energy Agency (IEA) executive director Nobuo Tanaka announced Thursday that the 28 IEA member countries have agreed to release 60 million bbl of oil in the coming month in response to the ongoing disruption of oil supplies from Libya.
NPRA blasts US role in opening of oil reserves
The National Petrochemical & Refiners Association (NPRA) criticized the decision by the Obama administration to contribute 30 million bbl of oil from US strategic reserves, part of 60 million bbl to be tapped by International Energy Agency (IEA) member countries.
US natgas firm Williams outbids Energy Transfer on proposed Southern Union acquisition
Williams said Thursday that it is offering $39/share in cash for all outstanding shares of Southern Union, making for a total enterprise value of $8.7 billion.
- Trump lifts freeze on U.S. LNG export permit applications 1/21
- Trump to declare 'national energy emergency' to boost fossil fuels, power projects 1/20
- Russian fuel exports fall in 2024 as drone attacks, bans add to sanctions pressure 1/20
- India refiners ask ADNOC to offer oil delivered price as freight spikes 1/20
- China's 2024 low-sulfur marine fuel exports dip 1.6% vs. 2023 1/20
- Marathon restarts hydrotreater at Galveston Bay Refinery, Texas (U.S.) 1/20
