Corpus Christi cracker restarted by Valero
Valero Energy Corp announced that it restarted the 92,000 barrel per day heavy oil cracker at its 340,000 bpd Corpus Christi, Texas refinery. For full story, click here
Archive for February, 2009
Baytex Energy Announces Appointment of New Director
Baytex Energy Trust announces 2008 year-end reserves, the appointment of Mr. Edward Chwyl as Lead Independent Director, an update regarding operational matters and a change to our monthly distribution level. For full story, click here
Obama unlikely to wade into oil sands debate
The issue of Canada’s carbon-heavy oil sands may be stickier than ever as Barack Obama readies for his lightning visit to Ottawa tomorrow. For full story, click here
Eni lets refinery contract to GE Oil & Gas
Italy’s Eni SPA let a contract to GE Oil & Gas for the largest refinery reactors of their type ever to be manufactured. For full story, click here
Alberta’s oilsands create ‘big carbon footprint
U.S. President Barack Obama says Alberta’s oilsands industry “creates a big carbon footprint” that leaves Canada and America facing an environmental dilemma about how to curb greenhouse-gas emissions from energy development. He also says he’s eyeing carbon capture and storage as a possible solution. For full story, click here
Baytex Energy Trust Announces 2008 Reserves
Baytex Energy Trust announces 2008 year-end reserves, the appointment of Mr. Edward Chwyl as Lead Independent Director, an update regarding operational matters and a change to our monthly distribution level. For full story, click here
Energy security calls for a continental vision
When President Barack Obama arrives in Ottawa on Thursday, he will be invited to join Canada in the development of a North American partnership on energy and the environment. For full story, click here
Total eyes upstream assets in Brazil, Venezuela
French oil major Total is interested in entering the upstream offshore Brazil to help develop the huge resources in the Santos basin and is also eying new acreage in Venezuela, the company’s CEO Christophe de Margerie said. For full story, click here
Canada’s ‘Dirty’ Tar Sands to Test Obama’s Goals
Petroleum extracted from tar sands in Canada may provide the first foreign-policy test for President Barack Obama’s environmental agenda. For full story, click here
Export duty on heavy oil
The export duty on oil was last set on February 1, to amount to $100.9 per tonne, with the respective duties on light and heavy oil products at $80.3 and $49.9 per tonne. For full story, click here
