Countries in the Middle East and North Africa (MENA) account for a rapidly rising share of global LNG demand and will invest about $10.3 billion in the “medium term” to meet import needs, says Arab Petroleum Investment Corp. (APICORP). Source: News

Movements of crude oil by rail in the US averaged 443,000 b/d in the first 5 months of 2016, down 45% from the same period last year, according to the US Energy Information Administration’s energy-by-rail data methodology report. Fewer shipments of crude oil by rail from the Midwest (PADD 2) to the East Coast (PADD […]

Canada’s privately held Irving Oil Ltd., Saint John, NB, has agreed to acquire the 71,000-b/d Whitegate refinery—Ireland’s only—from current owner Phillips 66 Co., Houston. Source: News

Newfield Exploration Co., Houston, has agreed to divest all of its assets in Texas in separate deals with Protege LLC, Tulsa, and an undisclosed buyer for combined net aftertax proceeds of $390 million. The two deals are expected to close in the third quarter. Source: News

The US White House Council on Environmental Quality (CEQ) issued its final guidance to federal agencies on how to consider climate-change impacts of their decisions during National Environmental Policy Act reviews. The US Chamber of Commerce and Center for LNG (CLNG) separately responded with warnings that CEQ’s Aug. 2 action could create more regulatory hurdles […]

TransCanada Corp., Sierra Oil & Gas, and Grupo TMM have proposed to jointly develop an $800-million refined product storage and transportation system to serve rising demand for gasoline, diesel, and jet fuel in central Mexico and surrounding markets. Source: News