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OGJ Newsletter

Apr 14, 2014

International news for oil and gas professionals

Knives, guns, and gas

Apr 14, 2014

In a famous scene in the 1987 movie The Untouchables, tough cop Jimmy Malone (played by Sean Connery) colorfully illustrates the resolve needed to bring gangster Al Capone (Robert De Niro) to justice.

Move carefully on crude exports, refiner urges House subcommittee

Apr 14, 2014

Tight oil formations have helped the US increase its crude production dramatically, an independent refiner conceded.

API report unveils economic gains from US crude exports

Apr 14, 2014

A recent study details significant US jobs gains, reduced consumer fuel costs, and robust economic growth associated with future crude oil exports, according to Kyle Isakower, vice-president for regulatory and economic policy for the American Petroleum Institute.

EIA: Ethanol spot prices rise on rail congestion, cold weather

Apr 14, 2014

Spot prices for ethanol have increased steadily since early February, driven by logistical problems and harsh weather conditions, according to the US Energy Information Administration.

Heitkamp leads Senate Democrats’ new push for Keystone XL approval

Apr 10, 2014

Ten other US Senate Democrats joined Heidi Heitkamp (ND) in urging US President Barack Obama to approve the proposed Keystone XL crude oil pipeline by May 31.

FRA to propose requiring two-member crews on trains carrying crude

Apr 10, 2014

The Federal Railroad Administration (FRA) plans to propose requiring trains transporting crude oil to have at least two crew members, the US Department of Transportation agency announced. It said it also intends to propose a train securement rule and recommend a rulemaking on hazardous materials movement.

Clean Energy delivers Hawaii’s first LNG shipment

Apr 10, 2014

Clean Energy Fuels Corp. has supplied Hawaii Gas with 7,100 gal of LNG—the first shipment of the fuel in Hawaii state history.

Agreements advance plans for FSRU off Puerto Rico

Apr 9, 2014

Excelerate Energy, Houston, and the Puerto Rico Electric Power Authority (PREPA) have executed agreements for the procurement, construction, and operation of the Aguirre Offshore GasPort LNG terminal off the southern coast of the country, the company reported.

GlobalData: US needs to ‘fast-track’ LNG exports to compete in global market

Apr 9, 2014

The US’s lack of approved export terminals has prevented energy companies from competing in the growing global LNG market, despite the fact that the country is now the world’s largest natural gas producer, said an analyst with research and consulting firm GlobalData.

US House subcommittee passes bill to facilitate LNG exports

Apr 9, 2014

A US House Energy and Commerce Committee subcommittee voted to forward a bill aimed at facilitating approvals of US LNG exports to the full committee. The Energy and Power Subcommittee’s action by 15 to 11 votes was along party lines, with Republicans favoring the move and Democrats opposing it.

Trinidad and Tobago signal BP, BG for larger stake in ALNG train

Apr 8, 2014

The Trinidad and Tobago government has signaled to BP PLC and BG Group that it wants a bigger share of the ownership of Atlantic LNG’s Train 1 when the companies negotiate a new gas supply contract for ALNG.

CPF hull block erected for Ichthys LNG project

Apr 8, 2014

Inpex Corp. says the first large hull block has been erected for the central processing facility (CPF) for the Ichthys LNG project.

South Africa authorizes 13.2-million bbl Oiltanking crude terminal

Apr 7, 2014

The government of South Africa has granted Oiltanking MOGS Saldanha RF Pty. Ltd. (OTMS), a joint venture of OTGC Holdings Pty. Ltd. and MOGS Pty. Ltd., environmental authorization for a 13.2-million bbl commercial crude oil blending and storage terminal, comprising twelve in-ground concrete tanks, at Saldanha Bay.

OGJ Newsletter

Apr 7, 2014

International news for oil and gas professionals

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