Mid August downstream news update: Asia and the Middle East
The latest downstream news from Asia and the Middle East.
The latest downstream news from Asia and the Middle East.
The EPA last week issued its final rule for the 2013 Renewable Fuel Standard program year, setting a 6 million gal target for cellulosic biofuels use in 2013.
According to Bernstein Research, the rapid growth of renewable energy in the US will displace some gas from the country’s generation mix.
Chevron Phillips Chemical has received project permits from the EPA and TCEQ for its USGC Petrochemicals Project.
The European Commission Institute for Reference Materials and Measurements has selected Intertek for gas oil stability testing at its BTC Laboratory in Spain.
Technip has been awarded a contract by National Cooperative Refinery Association (NCRA) for a hydrogen plant in Texas.
A GlobalData analyst has said that piracy will remain strong in the West African oil trade as long as the naval presence in the area remains low.
The AFPM and API have filed a joint petition to the EPA to lower the ethanol mandate to below 10% of gasoline demand for 2014.
PIRA Energy Group reports that WTI discount shrinks as Cushing stocks drop. US stocks had another modest build, while Japanese crude stocks had another draw.
The latest downstream news from Canada and South America.
API President and CEO Jack Gerard responds to EPA’s 2013 biofuel mandates under the Renewable Fuels Standard (RFS).
The API welcomes EIA report indicating that the oil and natural gas industry created jobs 40 times faster than the broader economy from 2007 to 2012.
A new study from PwC US indicates that the oil and gas industry now supports 8% of the US economy, up from 7.7% in 2009.
The latest downstream news from Asia, the Middle East and South America.
Under new regulations, from 1st October 2013, all UK quoted companies will have to report on the amount of greenhouse gases they are emitting, According to Ian Wallbank, Head of Legal & Corporate Services at IMServ, streamlining energy use via the use of smart metering is a critical part of the process.