IEA in favour of spot gas over pricing linked to oil
The IEA came out in favour of the spot gas market on Wednesday over contracts that link gas to oil prices.
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Fitch: Argentina’s oil and gas incentives not enough to attract new investment
Fitch ratings suggest that Argentina’s new oil and gas sector incentives are insufficient to trigger considerable investment.
Getty Petroleum Marketing Inc. Trust reaches settlement in lawsuit against Lukoil
Getty Realty Corp. has announced that a settlement has been agreed in principle between Getty Petroleum Marketing Inc. and Lukoil in a lawsuit against the latter for US$ 93 million.
Clariant signs ethylene supply agreement with OMV
Clariant has signed a long term ethylene supply agreement with OMV.
Mid July, downstream news update: USA and Africa
The latest downstream news from the USA and Africa.
GE Oil & Gas establish new London headquarters
GE Oil & Gas has announced that it is to open a new global headquarters in London.
Refinery receipts of crude oil by rail, truck and barge increase
The EIA’s recently released Refinery Capacity Report indicates that the use of rail, truck and barge to deliver crude oil to refineries has increased.
Pirates hijack oil tanker off Gabon coast
An oil chemical tanker has been hijacked off the coast of Gabon, West Africa.
Mid July, downstream news update: Asia and the Middle East
The latest downstream news from Asia and the Middle East.
AFPM backs refiners against E10 blendwall
The AFPM lends support to Valero Energy Corporation Chairman, William R. Klesse, as he testifies against the E10 blendwall.
US refinery capacity increases in 2013
The US Energy Information Administration (EIA) reports on US refinery capacity.
PIRA Energy Group finds: Quebec derailment tragedy won’t halt oil by rail
PIRA Energy Group’s weekly Energy Market Recap, which alerts readers to PIRA’s current analysis of energy markets around the world, indicates that the Quebec disaster will not halt oil by rail.
KBR announces selection of its ROSE® technology by Total.
KBR has announced that its ROSE(R) solvent has been selected by Total for use at its Antwerp refinery in Belgium.
API promotes Energy Nation training in regards to unfeasibility of RFS
The API has promoted Energy Nation’s training report outlining the unfeasibility of the RFS through its SmartBrief newsletter.
Sasol advances US ethane cracker project
Sasol has announced a series of engineering and technology provider appointments as it advances front end engineering and safety design (FEED) of its ethane cracker and derivatives project.