Daily Archives: January 3, 2013
Valero joint venture plans oil dock at Sabine-Neches
The $75 million oil dock will be able to receive tankers 24 hours a day and will deliver crude to Valero’s Port Arthur Refinery. More »
FMC Technologies expands with land purchase
FMC Technologies has purchased a 173-acre parcel of land in northeast Houston, saying it will offer the fast-growing company more options in the future. More »
Floods blamed for 2.4M gallons of spilled crude, feds say
Flood-related pipeline spills account for fewer than 1 percent of all pipeline accidents, but pose a greater threat to drinking water. More »
Fed minutes hit stocks as rally fizzles
US stocks fell, while the US dollar shot higher after minutes of the last Federal Reserve meeting showed policy makers are growing wary of asset purchases More »
Environmentalists call for Arctic drilling moratorium
Environmentalists on Thursday stepped up pressure on the Obama administration to halt Arctic oil exploration, citing the grounding of Shell’s Kulluk rig as fresh evidence that the work is too dangerous. More »
Al Jazeera to buy Al Gore’s Current TV
Qatar-based broadcaster is set to launch a US-based news channel after acquiring Current TV in a deal analysts say could be worth $500m More »
Crisis of faith over Vatican ATMs
Bank of Italy blocks all electronic payments following Vatican City’s failure to fully comply with international anti-money laundering rules More »
Depardieu in Russian citizenship thriller
Russia’s 13% income tax is inspiring a new wave of westerners to defect but it remains to be seen if the French star will take up the offer More »
Fed split over when to halt QE3
Minutes of Federal Open Market Committee’s December meeting show several members want ‘to slow or to stop purchases well before the end of 2013’ More »
US clears Google’s core search business
Despite giving the search engine a clean bill of health, the FTC announced a settlement that includes limits to the way Google enforces its patents More »
Backlash pushes Republicans to seek cuts
Mitch McConnell, the Republican Senate minority leader, says the debt ceiling debate is the ideal time to force the administration to cut outlays More »
New tree protesters attempt to block Keystone XL
Environmental activists have set up a camp in platforms more than 50 feet above the ground in an attempt to block construction of the Keystone XL pipeline in Texas. More »
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