EPP lets contract for Texas Gulf Coast isobutane unit

Enterprise Products Partners LP (EPP), Houston, has let a contract to Honeywell UOP LLC, Des Plaines, Ill., to provide technology, design services, and equipment for a grassroots isobutane dehydrogenation (iBDH) unit to be built at subsidiary Enterprise Products Operating LLC’s operations in Mont Belvieu, Tex. Source: News


India okays HPCL for Mumbai refinery expansion

India has granted Hindustan Petroleum Corp. Ltd. (HPCL) environmental clearance to proceed with a project to modernize and expand its 7.5-million tonne/year Mumbai refinery in Maharashtra State. Source: News


Watching Government: 'Talking to, not past, each other'

Construction may have resumed on the final segment of the Dakota Access crude oil pipeline (DAPL), but the mistrust and antagonism that were revealed during months of protests there won’t be going away any time soon, testimony by witnesses at a Feb. 15 US House Energy and Commerce Committee revealed. Source: News


Global market recovery gaining momentum,CSIS forum speakers say

Recovery seems to be gathering momentum in global oil and gas markets, driven more by improved production practices and technology than by gradually rising prices, speakers said during a Feb. 16 discussion at the Center for Strategic & International Studies. Source: News


Energy trade subtexts

Hope that the US will become a net export of energy within 10 years comes with subtexts important to American thinking about the Middle East. Temptation is strong to calibrate worry about that turbulent region to the US balance of energy trade. It must be resisted. Source: News


Energy and cybersecurity

During the US Senate Energy and Natural Resource Committee’s hearing last month on the nomination of Rick Perry to be energy secretary, the former Texas governor pledged his support for—and protection of—the Department of Energy and its energy-research efforts (OGJ Online, Jan. 30, 2017). Source: News


Perenco acquiring Gabon stakes from Total

Perenco, London, has agreed to acquire varying interests in oil and gas fields in Gabon from units of Total SA and to become operator of most of them. Source: News


MARKET WATCH: NYMEX crude oil price for April hovers around $54/bbl

Light, sweet crude oil prices for April dropped modestly Feb. 24 but still settled at about $54/bbl on Feb. 24 on the New York market despite a climbing US rig count. The US oil futures benchmark has traded at $50-55/bbl for weeks. Source: News