Crude oil
API calls on Obama to restore Gulf offshore drilling, unveils study of potential job growth
Almost 190,000 new jobs could be created in 2013 if permitting in the Gulf of Mexico for offshore development returned to levels before the Obama administration’s moratorium, according to a study conducted by Quest Offshore Resources and released by the American Petroleum Institute (API).
NPRA asks US EPA to cut Renewable Fuel Standard
The National Petrochemical & Refiners Association (NPRA) is asking the US Environmental Protection Agency (EPA) to reduce mandated volumes of cellulosic and advanced biofuels in gasoline and the total Renewable Fuel Standard this year.
Jacobs wins EPC deal for new Canada oil refinery
Jacobs was awarded a contract by the North West Redwater Partnership to provide detailed engineering, procurement and construction services for the development of a new oil refinery in Alberta, Canada. Officials did not disclose the contract value.
EPA says no toxic chemicals found in Montana river after ExxonMobil oil spill
Following an oil spill from ExxonMobil Pipeline Co., water in Montana’s Yellowstone River is safe and shows no elevated levels for volatile organic compounds, according to the US Environmental Protection Agency (EPA).
NexLube to build used oil re-refinery in Florida with technology input from Axens, Viscolube
NexLube plans to begin construction of a used oil re-refinery and blending plant in Tampa, Florida, using Revivoil technology from Axens and Viscolube. The facility is expected to process 24 million gal/year of dehydrated used oil.
Engineering firm Bechtel buys delayed coking technology from ConocoPhillips
Global engineering firm Bechtel has purchased ConocoPhillips’ leading delayed coking technology, a move that uniquely positions Bechtel for growth in the refining industry, the companies said on Tuesday.
Natural gas company Chesapeake seeks to reduce US dependence on OPEC oil
In an effort to help break what it described as a 38-year stranglehold by OPEC on the US economy, Chesapeake Energy unveiled a plan that it says offers a scalable and affordable pathway toward a transportation future that runs on domestic supplies of natural gas and oil from deep shale and other unconventional formations.
Shipper commitment period extended for proposed Cushing-to-Houston crude pipeline
Enterprise Products and Energy Transfer today announced a three-week extension of the binding open commitment period for capacity on the proposed Double E crude oil pipeline from Cushing, Oklahoma to Houston.
API chief executive urges US to expedite offshore permitting programs
American Petroleum Institute (API) CEO Jack Gerard said on Friday that speeding up offshore permitting programs in US waters could allow President Barack Obama to reverse disappointing employment numbers while generating additional revenue to help with the debt crisis.
Martin Midstream to build Corpus Christi terminal, will take crude from Eagle Ford shale
Martin Midstream will build a new terminal at the Port of Corpus Christi, Texas to receive crude oil from the Eagle Ford shale via the recently announced Harvest Gardendale pipeline, company officials said.
- U.S. labor board judge rules Exxon's Texas refinery union lockout was legal 11/28
- U.S. crude stocks fall, gasoline and distillate inventories rise 11/28
- Maersk could use 15%–20% alternative fuels for its fleet in 2030 11/28
- Germany's BSW pushes to restore Russian oil to Schwedt refinery, seeks regional legitimacy 11/28
- Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs 11/28
- Singapore distillates stocks tick up for fifth week 11/28
