Americas
US coal industry sees limited 2012 upside - report
Softer export markets and natural gas displacement will outweigh benefits of lower stocks and consolidation for US coal producers in 2012, according to a new report. Domestic steam coal demand is in slow decline, and Fitch Ratings says it expects supply to remain disciplined.
Enterprise, Enbridge seek shipper commitments for US Seaway pipeline expansion
Enterprise Products and Enbridge will hold concurrent open seasons from January 4 through February 10, 2012, to solicit capacity commitments from shippers for an expansion of the Seaway pipeline and an extension of the pipeline into the Port Arthur/Beaumont refining market. ConocoPhillips was the previous owner of Enbridge's 50% stake.
Magellan, Copano plan Eagle Ford condensate line
Copano Energy and Magellan Midstream have formed a joint venture to deliver Eagle Ford Shale condensate to Corpus Christi, Texas. The initial capacity of the pipeline will be 100,000 bpd.
Westlake boosts planned capacity by 40% for Louisiana chlor-alkali project
Westlake Chemical is increasing the capacity of the previously-announced chlor-alkali plant to be located at its vinyls manufacturing complex in Geismar, Louisiana. Site work is currently underway for this new facility and the project is targeted for start-up in the second half of 2013.
Koch Pipeline starts up South Texas crude terminal
Koch Pipeline has started up operations at its Helena terminal in Karnes County, Texas, and is now receiving Eagle Ford crude oil, according to the company.The terminal will allow more efficient transportation of crude oil by eliminating the distance trucks have to travel.
Honeywell picks Jacobs to engineer Louisiana refrigerants expansion
Jacobs has been awarded a contract from Honeywell to provide engineering services for the expansion of its Baton Rouge, La. manufacturing facility. The expansion enables the Baton Rouge facility, one of the leading refrigerants suppliers in the US, to produce Honeywell's new low-global-warming-potential (GWP) blowing agent and propellant on a commercial scale.
TransCanada to do 'whatever is necessary' for Keystone pipeline
TransCanada said it will work with the US State Department to do "whatever is necessary" to help in securing the construction of its Keystone XL pipeline. The 1,600-mile-long pipeline would run through seven states, the company noted.
Technip wins engineering for Lucius deepwater project in US Gulf
Technip was awarded a lump sum contract by Anadarko Petroleum for the engineering, construction and transport of a 23,000 ton truss Spar hull for their Lucius deepwater project in US Gulf of Mexico. The floating production facility will have a capacity of 80,000 bpd of oil and 450 million cubic feet/day of natural gas.
US Republicans seek to sideline EPA in overseeing offshore drilling
House Republicans are trying to sideline the role of the Environmental Protection Agency (EPA) in overseeing offshore oil drilling, after Royal Dutch Shell complained about the amount of time it is taking the company to secure air-quality permits for drilling in the Arctic Ocean.
Cameron to pay BP $250mn in Gulf spill settlement
BP on Friday reached agreement with Cameron International Corp., the designer and manufacturer of the Deepwater Horizon blowout preventer, to settle all claims between the companies related to the Deepwater Horizon accident and spill. Cameron will pay BP $250 million
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- Brazil to start tests for diesel blend containing 20% biofuel in May 4/24
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- U.S.: Trump grants 90-day Jones Act waiver extension to curb energy costs 4/24
