PHMSA rule says spill must be reported within one hour of confirmation NEW YORK, Jan 19 (Reuters) – The U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) said on Thursday it issued a rule to improve pipeline operational safety, including a requirement for faster notification following a spill. The rule says the operator must electronically […]
PHMSA issues rule to speed up notification time Read More »
10 per cent Trump border tax could cause Canada’s total goods exports to the US to drop by about 9 per cent By Andrea Hopkins OTTAWA, Jan 19 (Reuters) – Canadian exporters are scrambling to find ways to avoid a potential 10 percent import tax promised by U.S. President-elect Donald Trump, including the possible shifting of
Canadian exporters, fearing Trump border tax, scramble to shift production Read More »
Hydrostor capital costs between $1,000-$2,000 per kilowatt By Alastair Sharp TORONTO, Jan 19 (Reuters) – Canadian underwater energy storage company Hydrostor is eyeing $1 billion of contracts to replace decommissioned U.S. peak power plants in the next two or three years, its chief executive said. So-called “peakers,” electrical generators which are turned on only when demand
Hydrostor eyes role in $1 billion U.S. peak power market Read More »
Shell Potter PA facility expected to bring 600 permanent jobs upon completion Jan 19 (Reuters) – The town council of Potter, Pennsylvania unanimously approved a conditional use permit late Wednesday allowing a unit of Royal Dutch Shell PLC to move forward with construction of a multibillion-dollar petrochemical complex near Pittsburgh. Last June, Shell’s Shell Chemical
Shell Potter PA petrochem facility construction approved Read More »
CNOOC taking cautious approach to upstream investments BEIJING, Jan 19 (Reuters) – China’s state-controlled offshore oil producer CNOOC now expects to produce 450 million to 460 million barrels of oil equivalent in 2017, lower than it previous target of about 484 million barrels for the year, the company said in a statement on its website.
CNOOC cuts oil output target for 2017, to raise capex Read More »
Too early to tell if OPEC output cuts are working, but oil stocks are falling, demand is rising By Christopher Johnson LONDON, Jan 19 (Reuters) – World oil markets are slowly tightening as demand rises while investors wait to see if OPEC output cuts agreed to by the cartel and other producers will be implemented
OPEC output cuts under scrutiny as market tightens Read More »
Oil prices up slightly in Thursday trading By Devika Krishna Kumar NEW YORK, Jan 19 (Reuters) – Oil prices edged higher on Thursday, but swelling U.S. crude stockpiles limited the rebound from a one-week low after the International Energy Agency said oil markets had been tightening even before cuts agreed by OPEC and other producers took effect.
Oil prices rebound from 1-week low as IEA sees tighter market Read More »
From Oct. 2015 through Sept. 2016, coal and natural gas had nearly equal shares of electric power generation in US US CO2 emissions from the transportation sector reached 1,893 million metric tons (MMmt) from Oct. 2015 through Sept. 2016, exceeding electric power sector CO2 emissions of 1,803 MMmt over the same time period, according to the
US power sector CO2 emissions fall below transportation sector emissions Read More »
Anadarko divestiture includes 155,000 net acres primarily located in Dimmit and Webb counties Anadarko Petroleum Corporation announced it has agreed to sell its Eagleford Shale assets in South Texas for approximately $2.3 billion to Sanchez Energy Corporation and Blackstone Group LP, according to a press release. “The ongoing success of our portfolio-management activities provides us
Anadarko announces sale of Eagleford Shale assets Read More »
US crude stocks up by 2.3 million barrels NEW YORK, Jan 19 (Reuters) – US crude stocks rose unexpectedly last week as refineries sharply slowed production, while gasoline stocks soared amid weak demand, the Energy Information Administration said on Thursday. Crude inventories rose 2.3 million barrels in the week to Jan. 13, compared with analysts’
US crude stocks build unexpectedly as refining slows down Read More »
