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 »

Report: Gas drilling safe under proposed rules

An unreleased state report says potential health impacts from fracking are addressed in the Department of Environmental Conservation’s regulatory plan, making a separate health impact study unnecessary.  More »

Top energy conferences of 2012

After a year full of energy conferences in the energy capital of the world, we decided to highlight the ones that gave us the most to talk about. And not just because of the quality of their food.  More »

Pipeline expansion from Cushing to Gulf almost complete

Work to more than double the capacity of a pipeline carrying crude oil from Cushing, Okla., to the Gulf Coast should be completed by the end of next week.  More »
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