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New Bill Aimed at Strengthening Washington's Sanctions Against Iran
May 13, 2013A new bill introduced late Wednesday to the US Senate aimed at strengthening Washington's sanctions against Iran could affect Asian countries that pay for Iranian crude in foreign currencies, sources familiar with the matter said Thursday. ...
Tags: Senate Bill, US Senate
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BG Group Has Entered The Regulatory Phase of Its Prince Rupert LNG Project
May 13, 2013BG Group has entered the regulatory phase of its Prince Rupert LNG project, submitting applications to Canadian and British Columbia environmental review agencies for a three-train operation aimed at eventually exporting 21 million mt/year, ...
Tags: BG Group, LNG Project
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Marathon Oil and Talisman Energy Are Pulling out of Shale Gas Exploration in Poland
May 13, 2013The announcements this week by North American energy companies Marathon Oil and Talisman Energy that they are pulling out of shale gas exploration in Poland seems to have finally killed the government's initial hope that the former Soviet ...
Tags: Polish Shale Gas, Gas
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Paint Attracts The Mind; It Is The Technician of Covering The Existing Structure in Hue
May 13, 2013Paint attracts the mind; it is the technician of covering the existing structure in hue. Doing so, the structure looks pretty. For applying the coat of color one need spacious room with several facilities. However, it is not possible for ...
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Asia Pacific Sweet Crude Market Is Expected to Stay on a Downward Trajectory
May 10, 2013The Asia Pacific sweet crude market is expected to stay on a downward trajectory as it faces more competition from falling West African crude prices and an oversupply of regional spot cargoes, traders said this week. Perpetually weak ...
Tags: Sweet Crude Market, Sweet Crude
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New Hydraulic Fracturing Rules Will Drive Oil and Gas Development From Federal Lands
May 10, 2013New hydraulic fracturing rules being developed by the Obama administration will drive oil and gas development from federal lands, a panel of industry and state officials said in their prepared testimony to a House committee Wednesday. The ...
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Bangladesh Has Resumed Piped Natural Gas Connections to Households From Wednesday
May 10, 2013Bangladesh has resumed piped natural gas connections to households from Wednesday -- after nearly three years -- amid increasing illegal connections and repeated pleas from affected stakeholders, including the real estate industry, Energy ...
Tags: Gas Connections, Gas
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Enbridge Will Have to 'Wait and See'
May 10, 2013Enbridge, the Calgary-based crude oil carrier, will have to "wait and see" whether it faces a replay of rival TransCanada's Keystone XL regulatory battle as it seeks US State Department approval for changes to its Alberta Clipper (Line 67) ...
Tags: Enbridge, Alberta Clipper
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Coal Exports Were Little Changed at 2.97 Million Mt
May 10, 2013Coal exports from Newcastle port in eastern Australia were little changed at 2.97 million mt in the seven-day period ended 7 am Sydney time Monday, (2200 GMT Sunday), compared with 2.99 million mt in the previous seven days, Newcastle Port ...
Tags: Coal Exports, Chemicals
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Kinder Morgan Is No Longer Planning to Build a Coal Export at The Port of St. Helens
May 10, 2013Kinder Morgan is no longer planning to build a coal export at the Port of St. Helens in Oregon, but is still considering exporting coal out of the Pacific Northwest, a spokesman said Wednesday. "It's not about coal, it's about siting," ...
Tags: Coal Export, Coal
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US Propane and Propylene Stocks Rose 500,000 Barrels to Nearly 41 Million
May 10, 2013US propane and propylene stocks rose 500,000 barrels to nearly 41 million barrels the reporting week ended Friday, the Energy Information Administration said Wednesday. Midwest supplies rose 366,000 barrels to 11.94 million barrels, while ...
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Average Run Rate at 'Teapot' Refineries Dropped to 36.5% in April From 42% in March
May 10, 2013The average run rate at "teapot" refineries in China's Shandong province dropped to 36.5% in April from 42% in March, due to slow sales of oil products, according to data from Beijing-based energy information provider JYD Commodities Hub. ...
Tags: Apr, oil products
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US Navy and 40 Allies Gathered in Bahrain Monday to Begin Anti-mine Exercises
May 9, 2013The US Navy and 40 allies gathered in Bahrain Monday to begin two weeks of naval anti-mine exercises designed to keep the Persian Gulf open to oil shipping. Although the exercises, billed as the largest ever in the region, have been ...
Tags: US Navy, Allies, Persian Gulf
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June Northwest European-US Atlantic Arbitrage Swap Has Risen Since Market Close Friday
May 9, 2013The June Northwest European-US Atlantic arbitrage swap has risen since market close Friday due to a higher NYMEX RBOB market, increasing the possibility of exports from Europe heading to the Atlantic coast, market sources said Monday. ...
Tags: June NWE-USAC, Gasoline
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Philippines' Largest Oil Refiner and Marketeer Petron Corp Has Sold 22 Million Barrels
May 9, 2013The Philippines' largest oil refiner and marketeer Petron Corp has sold 22 million barrels of oil products in the first quarter of this year, rising 66% from the same period in 2012, the company said in a statement Monday. The increase ...
Tags: Petron, Oil Products
