Monthly Archives: September 2010

Obama administration beefs up drilling oversight

WASHINGTON — The Obama administration on Thursday imposed new safety mandates on offshore drilling, launching a series of rules designed to stiffen oversight of the oil and gas industry in response to the Deepwater Horizon disaster. But Inte…  More »

Crude oil briefly tops $80 a barrel

 Oil rose above $80 a barrel today for the first time in seven weeks, ending its best month since May 2009, as U.S. second-quarter gross domestic product and weekly jobless claims beat economists’ estimates in signs demand may improve. Oil jumped …  More »

Methanol-to-olefins unit starts up in China

September 30,2010 –China Shenhua Coal to Liquid & Chemical Co. Ltd. has started up was is being called by the firm the “world’s first methanol-to-olefins unit to be operated on a commercial scale” in Baotou, China…..  More »

Methanol-to-olefins unit starts up in China

September 30,2010 –China Shenhua Coal to Liquid & Chemical Co. Ltd. has started up was is being called by the firm the “world’s first methanol-to-olefins unit to be operated on a commercial scale” in Baotou, China…..  More »

Two Valero refineries adding hydrogen units

September 30,2010 –Valero Energy Corp. is adding hydrogen plants at its 195,000-b/d refinery in Memphis, Tenn., and its 170,000-b/d McKee refinery in Sunray, Tex…..  More »

Republican lawmakers to feds: Stop sidelining drillers

Rep. Kevin Brady, R-Texas, complains that the White House is moving too slowly to restart offshore drilling. “They want energy workers to suit up for the game,” he said, “but they won’t let them on the field to play.” Read on to find out what other football metaphors were shared today.  More »

BP Texas City to pay record clean air penalty

$15 million fine for three incidents in 2004 and 2005 — and it’s not related to the deadly blast in March 2005. (Chronicle photo)  More »

How to play it safe offshore: A primer on the feds’ new rules

Disaster prevention in offshore drilling and worker safety are paramount in the Interior Department regs unveiled today.  More »

Total to get interest in Sebuku license off Kalimantan

September 30,2010 –Total has agreed to acquire 15% interest in the Sebuku license offshore Kalimantan from Pearl Oil (Sebuku) Ltd…..  More »

Act fast: Industry urges swift implementation of new offshore rules

As the feds unveil new drilling requirements, oil and gas industry leaders plead for clarity and warn that new projects could be jeopardized by “unpredictable, extended delays in permit review and approval.”  More »

FuelFix exclusive: BP's Dudley opens up about safety, criminal liability and social media

The oil major’s new CEO officially takes the helm Friday. Today he gave FuelFix an advance look at his top priorities. (Michael Paulsen: Houston Chronicle)  More »

Salazar imposes new ground rules for offshore drilling

The deep-water drilling ban may be on its way out, but oil companies will have to comply with stiff new safety requirements outlined today. (Photo: Astrid Riecken/Getty Images)  More »
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