Sources say that Whiting refinery, a BP facility in Indiana, is delaying its return to service.
Industry sources say that the return to service for BP Whiting Indiana refinery is delayed. BP began the planned turnaround activity for its refinery that produces 435,000 barrels per day in late September. In early November, the refinery restarted units that were involved in the turnaround. Sources claim that at least two units are experiencing startup delays.
Sunshine Oilsands operations halted by Canadian regulator
Sunshine Oilsands has been ordered by a Canadian regulator to suspend all operations in the oil sands area of northern Alberta, including its wells, pipelines and facilities, due to a continuous failure to comply with environmental and safety regulations. The Alberta Energy Regulator's (AER) order of Nov. 14, also required Sunshine Oilsands to post a C$6…
China's coal production in October rose 4.6% on an annual basis
China's coal production rose by 4.6% from a month earlier in October, according to data released on Friday. The increase was due to the recovery of production from safety-related restrictions a year before. National Bureau of Statistics data showed that the world's biggest coal producer, China, mined 411.8 millions metric tons of coal last month.
Sources say that GE Vernova's investigation found that the offshore wind turbine plant at Quebec was not operating to standards.
Sources familiar with the situation said that GE Vernova’s offshore wind turbine production plant in Quebec has terminated or suspended several employees after a company probe found they had taken shortcuts when it came to quality control. GE Vernova began the investigation at its factory in Gaspe in Quebec, after one of their 107 meter…
Inpex: Ichthys LNG Train 1 will resume full-scale operation in December
Inpex Corp, the operator of Australia's Ichthys LNG, said that Train 1 will resume full-scale operation at the start of December. This follows a reduction in its operating rate for inspections. In order to maintain safety, the Inpex spokesperson said that "Ichthys LNG Train 1" is currently operating at a slightly lower production level in order to inspect heat exchangers.
Wall Street welcomes Trump's comeback, but with trepidation
Wall Street executives praised the prospect of business friendly regulations and a flurry of deals, as they analysed the implications of Donald Trump’s reelection. However, some were uneasy over his unpredictable nature. Executives from banks and private equity firms said that Trump's return will likely ease some of the regulatory pressures that existed under Biden's administration.
US Extends Protections for CITGO to March 2025
The U.S. Treasury Department on Thursday extended a license protecting Venezuela-owned Citgo Petroleum from bondholders to March 2025, a key decision amid a seven-year-long legal case in which the refiner's parent might be auctioned to pay creditors.Citgo's parent, PDV Holding, was found liable by the court for Venezuela's debts from asset expropriations and debt defaults.
Hurricane Rafael has caused a shutdown of 17% of the U.S. Gulf of Mexico Oil Production
The U.S. Bureau of Safety and Environmental Enforcement announced on Wednesday that Hurricane Rafael had shut down approximately 17% of crude production and 7% of gas output in the U.S. Gulf of Mexico. The Bureau reported that energy producers have shut down 304,418 barrels of oil per day and 131,000,000 cubic feet of gas production from Gulf waters. According to the latest U.S.
Texas voters elect conservative Craddick as oil regulator
Texas reelected Christi Craddick, a conservative incumbent in her third term as the state's chief oil regulator. This is a victory for the industry which has seen its production increase during her tenure. According to the most recent government statistics, Texas, which is home to the Permian basin, is the United States' largest oil producer, producing around 5.8 million barrels of crude oil per day.
Deep sea oil drilling drillers are now subject to new safety regulations in the US
The Bureau of Safety and Environmental Enforcement, or BSEE, released new rules on Tuesday for U.S. off-shore drillers. This is because breakthrough technology allows them to operate in extreme subsea conditions and unlock untapped oil reserves worth billions of dollars. BSEE final rule was issued after Chevron, in August, started production on its Anchor asset.
After a tight win, the New Democratic Party (NDP) of British Columbia will form a government with ties to the left.
The New Democratic Party of Premier David Eby, who is currently in office, will form the next government for British Columbia. This comes after a final count of votes on Monday. It was more than a full week since the vote of October 19. The NDP won 47 seats, just enough for a majority in Canada's westmost province. John Rustad’s Conservative Party of British Columbia took 44 and the BC Green Party two.
China's coal production in September rose 4.4% due to safety improvements and chemical industry demand
Data from the Statistics Bureau showed that China's coal production rose by 4.4% in September compared to the same period last year, following safety inspections completed earlier this year and increased coal-tochemicals capacity. The September output increased to 414.46 millions metric tons from 396.55 millions tons in August. According to the mine safety administration of Shanxi…
ADM accused for misconduct and lack of safety inspections following explosion that injured US worker
Archer-Daniels-Midland Co intentionally failed to test and maintain safety systems on its grain equipment for years, which contributed to an explosion that immolated a worker and put him in a coma last year, according to a lawsuit filed against the company. The explosion is part of a series of safety incidents that have occurred at ADM's facilities in Decatur (Illinois)…
Voters in British Columbia's provincial election are focused on affordability and healthcare.
British Columbia, Canada's most western province, is preparing to elect its provincial government on October 19. Polls indicate that the incumbent New Democratic Party holds a narrow lead over the main rival Conservative Party. The provincial elections will be closely watched for clues as to how Canadians might vote at the federal election that is due to occur within the next 12 months…
Canada regulator suspends Imperial's application to extend Norman Wells oil permits
The Canada Energy Regulator announced on Tuesday that Imperial Oil has put its application to extend life of the remote Norman Wells oil-and-gas facility in Canada's Northwest Territories on hold until a report on environmental assessment is completed. The Norman Wells site is located on nine islands, both natural and artificial in the Mackenzie River (Canada's longest river) and near the town of Norman Wells.
Mexican officials reassure investors at bilateral business summit
Mexican officials called for safety and stability of private investment after a summit held with business leaders on Tuesday. Fears about constitutional reforms were the main topic. According to Economy Minister Marcelo Ebrard, Amazon, Mexico Pacific and Woodside Energy will make significant investments into the country over the next 12 months.
The legal limit for toxic gas released by Pemex near Houston, Texas was exceeded in hours-long leakage of toxic gas
Pemex, the Mexican state-owned oil refinery, reported to Texas regulators that it released 43,500 lbs of highly toxic hydrogen sulfur gas in an incident that killed one person earlier this week. Two contract workers were killed and 35 injured in an accident that occurred on Thursday at a refinery. According to Pemex’s initial report submitted to the Texas Commission on Environmental Quality on October 10…
Pemex's Deer Park refinery reduces operations following fatal accident
The Deer Park refinery of the Mexican national oil company Pemex, near Houston, will be operating at a reduced level this weekend following a deadly leak two days ago. The state-owned oil company added that it continues to investigate the cause of last Thursday's hydrogen sulfide gas leak that killed two contract workers while injuring 35 others during work on a unit at the 312,500-barrel-per-day (bpd) refinery.
Pemex reports two deaths and five injuries from an oil leakage at a refinery in Texas
Two people were believed to have died and five were being treated for injuries on Thursday after a chemical release at Pemex's 312,500-barrels-per-day Deer Park oil refinery in Texas, the Mexican national oil company said. According to two anonymous sources familiar with the refinery's operations, a contractor who worked there is believed to be the one responsible for opening a hydrogen sulfide line.
New Industry Minister: Japan will keep nuclear but boost renewables as part of its energy mix
Japan will continue to restart nuclear power plants safely and use as much renewable electricity as possible, said Industry Minister Yojimuto on Wednesday. This indicates that the policy of newly appointed Prime Minister ShigeruIshiba is not likely to change significantly. Ishiba had promised to eliminate nuclear power before he was elected leader of the Liberal Democratic Party. He was sworn into office on Tuesday.
