BLM issues final EIS analyzing Thompson Divide oil, gas leases

The US Bureau of Land Management released a final environmental impact statement analyzing 65 oil and gas leases that were issued in the White River National Forest in Colorado from 1995 to 2012. The agency’s preferred alternative in the final EIS would cancel the 25 undeveloped leases, apply new stipulations to the remaining leases that […]


Essar Oil plans upgrades at Vadinar refinery

Essar Oil Ltd., a subsidiary of Essar Energy PLC, plans to invest another 12 billion rupees on projects aimed at helping to raise the gross refinery margin (GRM) of its 20 million-tonne/year Vadinar refinery in Gujarat, India. Source: News


Azure Midstream sheds East Texas gas plant, gathering line

Azure Midstream Partners LP, Dallas, has completed the sale of one of its East Texas gas plants and an associated gathering line to Align Midstream Partners LP, a portfolio company of Dallas-based private equity firm Tailwater Capital LLC. Source: News


MARKET WATCH: NYMEX, Brent crude prices drop slightly

The light, sweet crude oil price for September delivery fell slightly on both the New York and London markets on Aug. 5 amid reports that some members of the Organization of Petroleum Exporting Countries want to revisit the idea of setting new production limits with non-OPEC members. Source: News


Unipetrol updates refinery, petchem operations

Unipetrol AS is planning to return units hampered by extended shutdowns at its refining and petrochemical operations in the Czech Republic to full production rates by yearend. Source: News


Shell's second-quarter, first-half earnings take dive

Royal Dutch Shell PLC reported second-quarter earnings on a current cost of supplies (CCS) basis, excluding identified items, of $1.05 billion, down from $3.76 billion in second-quarter 2015. First-half earnings on a CCS basis, also excluding identified items, totaled $2.6 billion, down from $7.5 billion in the same period last year. Source: News


AFPM questions SEC proposal's broader disclosure requirements

The American Fuel & Petrochemical Manufacturers questioned whether it would be appropriate for the US Securities and Exchange Commission to mandate disclosure requirements for environmental, social, and governance matters, particularly related to climate change, for publicly traded companies. Source: News