- Key Market Prices
- Key Market Prices
- Public Policy
- U.S. Senators Expected to Unveil Climate Change Legislation Today
- API Reacts to Boxer-Kerry Climate Change Bill
- CARB OKs Diesel Locomotive Clean-Up
- Margins & Economics
- NYMEX Crude Falls 13¢
- China Expected to Lower Retail Fuel Prices
- BASF Expects to Double Regional Sales in Asia Pacific Chemical Market by 2020
- Soleil Securities Downgrades Western Refining
Fuels & Processing
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SAGD Plant in Alberta Restarting after Revamp
Comnacher Oil and Gas in Canada is expecting full funding for several mid-stream projects. Funding includes conventional and refining activities into 2010.
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ATA to U.S. EPA: Don’t Force 20% Biodiesel Blends in ‘RFS-2’ Rule
The U.S. Environmental Protection Agency shouldn’t allow more than 5% biodiesel blend in its “RFS-2” renewable fuel standard, according to American Trucking Associations.
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Saudi Aramco Awards FEED and PMS Contract for Shaybah NGL Program
KBR is providing FEED and PMS services for Saudi Aramco’s Shaybah NGL program. The project will help meet rising demand for gas and feedstock for petrochemical projects in Saudi Arabia.
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Sibur Completes Second Phase of Russia’s First New Gas Processing Plant in Decade
Sibur LLC, the largest petrochemicals manufacturer in Russia, announced it had completed the second phase of development for its Yuzhno-Balyksky gas processing plant, the first full gas processing plant completed in Russia in the last decade.
Feature
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Carbon Challenge: Impact on Refining Industry
Refining industry experts discussed the impacts of carbon legislation on their sector during Hart Energy Publishing’s Sept. 29 Webinar.
Key Market Prices
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Key Market Prices
Transportation & Logistics
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General Motors, India’s Reva Electric Car to Develop EV
The Indian unit of General Motors will partner with India’s Reva Electric Car Co. to develop an electric vehicle for the country.
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Volvo, Chemrec, Topsoe, Total Launch DME Fleet Test
Biomass-source gasification and dimethyl ether synthesis form the basis of a new bio- dimethyl ether fleet test program starting next year.
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Better Place CEO: Electric Cars to be Cheaper Than Gasoline Cars
The chief executive of California-based Better Place asserts that electric cars could become cheaper than gasoline-powered cars under Better Place’s battery-swapping model.
Margins & Economics
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NYMEX Crude Falls 13¢
The price of the November NYMEX crude futures contract stayed relatively flat yesterday, climbing only 0.2% to settle at US$66.71 per barrel (/bbl).
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China Expected to Lower Retail Fuel Prices
With the price of crude falling slightly recently, Chinese government officials reportedly are considering lowering the retail prices for gasoline and diesel.
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BASF Expects to Double Regional Sales in Asia Pacific Chemical Market by 2020
BASF plans to double sales in Asia/Pacific by 2020. BASF sees overall good growth in Asia with established markets as well as emerging markets.
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Soleil Securities Downgrades Western Refining
Soleil Securities analysts downgraded ratings for Western Refining in part because of expected lower refining margins in the third quarter of 2009.
Public Policy
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U.S. Senators Expected to Unveil Climate Change Legislation Today
U.S. Sens. Barbara Boxer (D-Calif.) and John Kerry (D-Mass.) are expected to introduce climate change legislation that will call for steeper greenhouse gas emission reduction cuts than the climate change bill passed in the U.S. House of Representatives.
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API Reacts to Boxer-Kerry Climate Change Bill
The American Petroleum Institute released a statement from API President Jack Gerard on the climate change bill that’s expected to be announced today by U.S. Sens. Barbara Boxer (D-Calif.) and John Kerry (D-Mass.).
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CARB OKs Diesel Locomotive Clean-Up
U.S. federal emissions regulation covering diesel locomotives isn’t moving fast enough to suit the California Air Resources Board, so the board is proposing an accelerated clean-up scheme.
