Chevron Australia has reported the start of Stage 2 of the Gorgon LNG project off Western Australia. The $5.1-billion (Aus.) program will include 11 new wells—7 in Gorgon field 150 km north of Onslow and 4 in Janz-Io field another 70 km offshore. There also will be new subsea installations and pipelaying work. Source: […]

The American Fuel & Petrochemical Manufacturers believes a transition from the federal Renewable Fuel Standard to a fuel-neutral, 95-RON octane performance standard could better address the needs of consumers and other stakeholders, AFPM Pres. Chet Thompson told a US House Energy and Commerce Committee subcommittee. Source: News

Brent crude oil for June delivery continued to rise, keeping above $72/bbl in London while US light, sweet crude oil also gained, staying above $67/bbl on the New York market. Source: News

Pressure is growing for US Congress to address problems with quotas under the Renewable Fuel Standard. Two recent events—a federal bankruptcy court’s approving quota relief under Philadelphia Energy Solutions’ bankruptcy reorganization and the US Environmental Protection Agency’s granting hardship waivers for three small Andeavor refineries in North Dakota and Utah—emphasized that changes are needed soon. […]

Saudi Aramco and Total SA have signed a memorandum of understanding to add an integrated petrochemical complex downstream of their jointly held Saudi Aramco Total Refinery & Petrochemicals Co.’s 440,000-b/d full conversion refinery in Jubail, Saudi Arabia. Source: News

Canada is teaching a lesson on sustainability. It’s not the lesson fringy environmentalism, which has preempted the word, wants to convey. Source: News