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Bids for Small Refinery Waivers Flood into EPA

Feb 21, 2019

The U.S. Environmental Protection Agency has received 37 applications for small refinery waivers for 2018 from the U.S. Renewable Standard (RFS) through mid-February, according to data released on Thursday by the agency.The 37 applications matches the total the EPA received last year…

Citgo's New Board Arrives, to Hold First Meeting

Feb 21, 2019

A board of directors appointed this month by Venezuela's opposition-controlled congress to run state-owned oil firm PDVSA's U.S. unit Citgo Petroleum on Thursday was arranging its first meeting at the company's headquarters, according with two people familiar with the matter…

Traders bet on Saudis, White House Lifting Oil Prices

Feb 21, 2019

Oil traders are becoming very bullish on the outlook for prices, betting that Saudi Arabia will do whatever it takes to tighten the market even if consumption growth slows, helped by U.S. sanctions on Iran and Venezuela.Brent's calendar spread…

South Africa: Has Up to 60 tcf of Offshore Gas Potential

Feb 15, 2019

South Africa, where oil major Total recently made a big offshore discovery, said on Friday it had potential gas resources of up to 60 trillion cubic feet in waters off its coast.Last week Total's chief executive said its offshore discovery probably contained 1 billion barrels of total resources…

Port Arthur LNG Gets Permits

Feb 03, 2019

U.S. energy company and LNG operator Sempra Energy said that its Port Arthur LNG export terminal has moved one step closer to obtaining a federal permit.The Federal Energy Regulatory Commission (FERC) released a positive environmental impact statement for the project on Thursday…

Sunoco Pipeline to Pay $5.4 mln for Oil Spills

Jan 31, 2019

Pipeline operator Sunoco Pipeline LP has agreed to pay roughly $5.4 million to settle claims over crude oil spills from 2013 to 2015 in three U.S. states, the U.S. Department of Justice said in a statement late on Wednesday.* Sunoco, an Energy Transfer LP unit…

Lundin Granted North Sea Drilling Permit

Jan 30, 2019

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for a wildcat well in the North Sea.The NPD said on Tuesday that the wildcat well, designated 16/1-31 S, would be drilled from the Leiv Eiriksson drilling…

Senegal Awards LNG, Oil Advisory Job to Doris Engineering

Jan 27, 2019

French engineering services provider Doris Engineering has been awarded an advisor contract by the Senegalese ministry of petroleum and energies for the development of oil & gas projects offshore Senegal.This two-year mission consists in reviewing…

Offshore Terminal Plan Slowed by U.S. Shutdown

Jan 24, 2019

The U.S. government shutdown has delayed Enterprise Products Partners LP's plan to build a major U.S. crude export terminal off Houston, blocking the pipeline operator from filing paperwork with U.S. regulators, an executive said on Wednesday…

China OKs 6.7GW Offshore Wind

Jan 23, 2019

The Chinese province of Jiangsu has approved 24 offshore wind power projects with a total capacity of 6.7 gigawatts (GW).The country's state press agency Xinhua reported citing sources with the State Grid Jiangsu Electric Power Company that the newly approved projects…

New Jersey Opens Offshore Wind Tax Credit Program

Jan 23, 2019

The New Jersey Economic Development Authority (NJEDA) announced that companies making a capital investment in offshore wind-related facilities in New Jersey can now apply for tax credits through the state’s Offshore Wind Tax Credit Program.According to NJEDA…

Government Shutdown: Atlantic Seismic Permitting Blocked by Judge

Jan 19, 2019

A federal court judge on Friday ruled that the federal government cannot process seismic testing permits for offshore oil drilling during the ongoing government shutdown, dealing a blow Trump administration's energy agenda.Judge Richard Gergel of the U…

BP Gives Up Acreage Offshore Nova Scotia

Jan 15, 2019

BP Canada is scaling back its oil and gas exploration plans off Nova Scotia, as the Canada-Nova Scotia Offshore Petroleum Board (NSOPB) said the company is giving back 50% of the area included in its license.According to NSOPB, half of the area…

Russian President Commissions Kaliningrad LNG Terminal

Jan 10, 2019

Russian President Vladimir Putin inaugurated a liquefied natural gas (LNG) import terminal that will serve as a back-up gas supply solution for the Russian enclave of Kaliningrad on the Baltic Sea.  The facility includes floating storage regasification unit (FSRU) in Baltic Sea enclave…

Oil Rises On U.S.-China Trade Talk Optimism

Jan 09, 2019

Oil prices climbed around 3 percent on Wednesday as the extension of U.S.-China talks in Beijing raised hopes that the world's two largest economies would resolve their trade standoff.U.S. West Texas Intermediate (WTI) crude oil futures were at $51…

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