Hindus praise ETP for rerouting pipeline around Appalachian complex

A Hindu leader expressed appreciation to Energy Transfer Partners LP for its willingness to reroute its proposed Rover natural gas pipeline around the religion’s temple complex near Moundsville, W.Va. Officials from New Vrindaban Holy Dham and Rover Pipeline LLC reached the agreement about a month after the US Federal Energy Regulatory Commission approved the project. […]


Shell Nigeria halts Bonga production for maintenance

Royal Dutch Shell PLC’s Nigerian unit has halted production from its Bonga deepwater oil and natural gas field for turnaround maintenance that involves inspections, recertification, and any needed equipment repairs. Source: News


Shell, Aramco advance split up Motiva refining JV

Saudi Aramco and Royal Dutch Shell PLC have agreed to move forward on a previously announced plan to divide up assets, liabilities, and businesses of their US-based refining and marketing joint venture Motiva Enterprises LLC, which operates three refineries at the US Gulf Coast. Source: News


MARKET WATCH: Brent crude oil price gains on Libya supply news

Light, sweet crude oil prices for April delivery dropped slightly on the New York market Mar. 6 while still holding above $53/bbl while the Brent crude oil contract for May delivery rose on the London market to settle just above $56/bbl after reports of conflicts in Libya. Source: News


Interior schedules region-wide US gulf Lease Sale 249 for August

The US Department of the Interior will offer 73 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida for oil and gas exploration and development in Lease Sale 249, scheduled for Aug. 16. Source: News