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Royal Dutch Shell Have Launched a Long-delayed Project to Capture and Market Gas
May 3, 2013Royal Dutch Shell, Japan's Mitsubishi and Iraqi state-owned South Gas Company have launched a long-delayed project to capture and market gas from some of Iraq's biggest oil fields, Shell said Wednesday, adding that it would be the largest ...
Tags: Royal Dutch Shell, Mitsubishi
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Europe's Gas Demand in The First Quarter of 2013 Rose 2.2% From The Previous Year
May 2, 2013Europe's gas demand in the first quarter of 2013 rose 2.2% from the previous year, according to Societe Generale estimates. An unusually cold March saw gas demand soar by 26.3% from 2012, pushing up the first quarter as a whole, the SG ...
Tags: Gas Demand, Gas
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Ratio of The Gulf Coast Normal Butane Assessment Fall to The Lowest Level Since Late 2008
Apr 28, 2013The ratio of the Gulf Coast normal butane assessment to the front-month NYMEX crude contract is at 57.9% Friday morning, the lowest level since late 2008, Platts data showed, in part due to the deployment summer gasoline specs. The ratio, ...
Tags: USGC, normal butane prices
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Huntsman Has Unexpectedly Shut Its Ethylene Oxide Unit in Port Neches,Texas
Apr 28, 2013Huntsman has unexpectedly shut its ethylene oxide unit in Port Neches, Texas for an unplanned maintenance, a company spokeswoman said Thursday. "We anticipate the unit will resume operation this weekend," Huntsman spokeswoman Anne Knisely ...
Tags: Chemicals
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There Are Emerging Questions About The Federal Government's Ability to Analyze
Apr 28, 2013While US policymakers, legislators and others are focused on whether the fundamentals of US gas market would change significantly if large volumes of LNG are exported, there are emerging questions about the federal government's ability to ...
Tags: LNG Exports, Chemicals
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It Is Keen for SABIC to Venture Into Peruvian Market
Apr 28, 2013One of the world's biggest petrochemical producers – Saudi Arabian Basic Industries Corporation (SABIC) is eagerly eyeing to invest in Peru, Andina reported quoting SABIC President for South America, Ricardo Knecht. Participating in ...
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Formula-driven April US Terephthalic Acid Price Was Heard Set Monday at 61.57 Cents/lb
Apr 26, 2013The formula-driven April US terephthalic acid price was heard set Monday at 61.57 cents/lb ($1,357/mt), a 4.98 cents/lb decrease from March after the settlement of the US paraxylene contract, industry sources said. US PTA contracts are ...
Tags: US PTA Price, PTA Price
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US Will Offer More Than 21 Million Outer Continental Shelf Acres in The Western Gulf
Apr 26, 2013The US will offer more than 21 million Outer Continental Shelf acres in the western Gulf of Mexico in a lease sale in August, the Bureau of Ocean Energy Management said Wednesday. Lease Sale 233 will include 3,953 blocks covering about ...
Tags: Million Acres, Energy Management
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A Senate Democrat Introduced Bills to Open Tax-friendly Corporate Rules
Apr 26, 2013A Senate Democrat from Delaware and a Republican in the House of Representatives from Texas Wednesday introduced bills to open tax-friendly corporate rules available to the oil and natural gas industry for decades to renewable power, energy ...
Tags: Federal Tax, Energy Projects
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Economic Incentive for European Refiners Meet Government Mandates Has Been Dwindling
Apr 26, 2013The economic incentive for European refiners to mix ethanol into gasoline supplies and meet government mandates has been dwindling rapidly due to competition from cheaper bio-based ETBE, sources told Platts this week. Ethanol and ETBE are ...
Tags: Ethanol Blend, ETBE Price
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It Was Assessed by SunSirs That in The Tracked 100 Spot
Apr 25, 2013It was assessed by SunSirs that in the tracked 100 spot commodities,6 commodities increased in prices, 35 fell and 59 remained unchanged on 23/04/2013.The largest rises were Chloroform (0.67%),Xylene (0.64%),Cobalt (0.50%),while the largest ...
Tags: Spot Commodities, Chemicals
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Alberta's Government Will Spend $200 Million to Fund Five Oil Sands-related Pilot Projects
Apr 24, 2013Alberta's government will spend C$206 million ($200.7 million) to fund five oil sands-related pilot projects aimed at increasing bitumen recoveries and reducing fresh water usage for in-situ facilities, the province's Department of Energy ...
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It Was Assessed by SunSirs That in The Tracked 100 Spot Commodities
Apr 24, 2013It was assessed by SunSirs that in the tracked 100 spot commodities,15 commodities increased in prices, 47 fell and 38 remained unchanged on 22/04/2013.The largest rises were DRAWTEXTUREDYARN (1.32%),PTA (1.32%),Silver (1.10%),while the ...
Tags: Spot Commodities Price
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Canadian and Alberta Governments Have Opened a New Database on The Air,Water,Land
Apr 24, 2013The Canadian and Alberta governments have opened a new database on the air, water, land and biodiversity impact of oil sands development that could lead to tougher limits on the industry, federal Environment Minister Peter Kent said Monday. ...
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Switch From Gas Back to Coal for Power Generation Was on,Data Released Monday
Apr 24, 2013As natural gas prices hit an average of $10.46/MMBtu in New York City in February, the switch from gas back to coal for power generation was on, data released Monday by the US Energy Information Administration showed. "All parts of the ...
Tags: Gas-to-Coal Switch, Gas Prices
