MARKET WATCH: NYMEX oil price climbs back toward $45/bbl

Light, sweet crude oil prices for August delivery gained nearly 30¢ to settle at just under $45/bbl on the New York market July 20 after a weekly US government report showed the ninth consecutive decline in crude oil supplies. Source: News


Brown joins Oxy as SVP, worldwide business development

Oscar K. Brown has been selected by Occidental Petroleum Corp., Houston, as its senior vice-president, worldwide business development. The move is effective Aug. 9. Source: News


Delfin LNG completes draft EIS for first US floating LNG facility

Delfin LNG LLC, a wholly owned subsidiary of Fairwood Peninsula Energy Corp. (FPE), Houston, has completed a draft environmental impact statement (EIS) for its planned Delfin LNG Deepwater Port (Port Delfin) and floating LNG (FLNG) facility to be located offshore Louisiana in the Gulf of Mexico. Source: News


Westlake Chemical begins restart of Kentucky complex

Westlake Chemical Corp., Houston, has initiated restart of its Calvert City, Ky., petrochemical complex after a mechanical failure of the 630 million-lb/year ethylene unit shuttered the entire complex in early June. Source: News


Enbridge resolves federal charges stemming from 2010 pipeline leaks

Enbridge Energy Partners LP agreed to pay $177 million to resolve federal charges stemming from 2010 leaks from crude oil pipelines in Illinois and Michigan, the US Department of Justice and US Environmental Protection Agency jointly announced.   Source: News


Malaysian refinery resumes operations

Petron Malaysia Refining & Marketing Bhd. has restarted its 88,000-b/d Port Dickson refinery in the Malaysian state of Negeri Sembilan, about 90 km from Kuala Lumpur, following a temporary shutdown of the plant caused by a late-June fire. Source: News