Americas
US gasoline demand falling amid high costs - API
US gasoline deliveries in May were down from May a year ago and down year-to-date from 2010, though slightly higher than April, according to data released by the American Petroleum Institute (API).
Dresser-Rand, Statoil begin compressor R&D plan
Rotating equipment firm Dresser-Rand Group and refiner Statoil have launched a joint research and development project based on Dresser-Rand's integrated compression system (ICS).
Honeywell ‘green’ jet fuel powers first-ever transatlantic biofuel flight
Honeywell said its green jet fuel successfully powered the first transatlantic biofuel flight, which landed over the weekend at the Paris-Le Bourget airport.
TransCanada acquires Guadalajara LNG pipeline in Mexico for $360mn
TransCanada announced that its $360 million acquisition of the Guadalajara pipeline in Mexico has been completed. The entire capacity of the 307-kilometre (192-mile), 30-inch-diameter pipeline is held under a 25-year contract with Comision Federal de Electricidad (CFE), Mexico's state-owned electric company.
KBR, Shell to align on hydroprocessing technology
KBR and Shell have formed a new alliance in which KBR will market, sell and provide technology and design packages with Shell for hydroprocessing solutions worldwide.
Siemens acquires minority stake in US solar firm Semprius
Siemens has acquired a minority share (approximately 16%) in US pioneering solar company Semprius. Headquartered in Durham, North Carolina, Semprius develops high concentrating photovoltaic (HCPV) modules.
US law firms to investigate claims against merger of Energy Transfer, Southern Union
US-based Briscoe Law Firm, founded by a former state prosecutor and enforcement attorney for the US Securities and Exchange Commission, and the securities litigation law firm of Powers Taylor are investigating potential legal claims against the board of directors of Southern Union related to the company’s takeover by Energy Transfer.
Delek refinery in Arkansas returns to normal rates as pipeline resumes crude shipments
Delek US Holdings, a diversified energy company with assets in the petroleum refining, marketing and retail industries, said production levels had returned to normal rates at its refinery in El Dorado, Arkansas.
IEA sees increasing natgas use, warns of high oil prices curbing demand
Annual growth in oil demand could average 1.2 million barrels per day (mb/d) between now and 2016, while natural gas demand could grow by around 500 billion cubic meters – around 2.5 times Russia’s current gas exports – during the same time, according to the International Energy Agency’s (IEA) medium-term oil and gas market outlook.
US law firm to investigate Dow Chemical over alleged pension changes
US class-action law firm Hagens Berman says it will investigate potential claims against Dow Chemical after the company allegedly made substantive changes to its employee pension plan, actions which may violate US federal law.
- 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
