Gas processing - 13 September 2013

Citi analyst, Mukhtar Garadagi, describes 15% of European refining capacity as unprofitable. Citi see rationalisation as the only long term solution.

Stocks of the major oil and gas companies have moved in a range from a decline of approximately 1% to a gain of approximately 16% from mid April.

Gas supplies to Europe will become less reliable as much of its new demand in the coming decade will need to be met by gas from politically unstable countries in Africa.

Universal Bioenergy are in talks with a leading refiner and energy producer to obtain refined energy products and LNG

According to a group of contract workers at the Phillips 66 refinery in Nipomo, their jobs will be threatened if the Senate approves an amendment to Senate Bill 54.

The US EIA’s ‘This Week in Energy’ report, released on 11th September, indicates that the US average retail price of gasoline has decreased, while national average diesel price remains unchanged.

The US Department of Energy Office of the Inspector General has found multiple problems with the bioenergy program.

The American Public Gas Association have voiced their support for Senator Inhofe’s Natural Gas Vehicle legislation.