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New York State to ban hydraulic fracking

3:59 PM MST | December 17, 2014 | Clay Boswell

The State of New York intends to ban hydraulic fracturing, or fracking, citing public health risks....


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Fluor starts work on ExxonMobil Antwerp refinery project

Fluor has started construction activities on a new delayed coker unit for ExxonMobil's petroleum and chemical business at its Antwerp refinery. The project will expand the refinery’s production capabilities. Fluor’s responsibilities include...

Technip receives oil and gas terminal contract from ONGC in India

Technip has been awarded a contract worth approximately €100.0 million ($124.1 million) by Oil and Natural Gas Corp. (ONGC; New Delhi) to build a 6.0-million standard cubic meter/day terminal at Odalarevu, Andra Pradesh State, India. The project forms...

Venture Global LNG invests in liquefaction complex and LNG export terminal in Louisiana

Venture Global LNG will invest $4.25 billion to build a new liquefaction processing complex and liquefied natural gas (LNG) export terminal. The facility will be constructed on the Calcasieu Ship Channel at Calcasieu Pass in Louisiana. With a planned export...

Woodside delays final decision for Browse FLNG project to mid-2016

Woodside Petroleum (Perth, Australia) expects to make a final investment decision for its Browse floating liquefied natural gas (FLNG) project in mid-2016, the company said today. The company previously scheduled the decision for the second half of 2015. The...

Enterprise seeks shippers for proposed Panola NGL pipeline extension

Enterprise Products Partners (Houston) has started a binding open season for a proposed expansion of the portion of its Panola Pipeline natural gas liquids (NGL) system between Carthage and Mont Belvieu, TX, where the company operates the world’s largest fractionation complex....

IHS cuts 2015 crude oil price forecast sharply

IHS has cut its crude oil forecast sharply with the latest dated Brent projections lowered by about $22/bbl in 2015 and $11/bbl in 2016, according to IHS December Global Crude Oil Markets Short-Term Outlook. As a result, dated Brent is now expected to average...

US chemical output growth to hit 3.7% in 2015, ACC says

US chemical output is set accelerate sharply through the end of the decade, exceeding the growth of the overall US economy, according to ACC’s Year End 2014 Chemical Industry Situation and Outlook, published today....

Reports: Repairs to fire-damaged Oman refinery to cost "millions"

Repairs to Oman Oil Refineries and Petroleum Industries Co.'s (Orpic; Muscat) 106,000-bbl/day refinery at Mina Al Fahal will cost "millions of dollars" following a fire at one of the refinery's naphtha treatment units, according to a report from...

Spanish gas firm to invest in Mexico LPG distribution infrastructure

Gas Natural Fenosa (Barcelona) is planning a 1.4-billion Mexican peso ($97 million) investment in 2015 to boost its liquefied petroleum gas (LPG) distribution network in Mexico, according to local media reports. The liberalization of Mexico’s upstream...

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