API official sees major questions after White House ethanol meeting

A May 8 White House meeting which tried to address some refiners’ problems with meeting quotas under the Renewable Fuel Standard apparently did not offer adequate solutions to the regulation’s problems, an American Petroleum Institute official suggested on May 14. Source: News


CNOOC-Shell JV commission Nanhai ethylene expansion

Royal Dutch Shell PLC subsidiary Shell Nanhai BV and China National Offshore Oil Corp.’s 50-50 joint venture CNOOC & Shell Petrochemicals Co. Ltd. (CSPC) has commissioned a second ethylene cracker at its existing petrochemical complex in the Daya Bay Economic & Technological Development Zone, Huizhou, Guangdong Province, China. Source: News


Cedigaz: Global gas use set record in 2017

Global consumption of natural gas, paced by “huge growth” in China, rose last year at more than twice the average rate of the previous 5 years, reported Cedigaz, the International Association of Natural Gas, Paris. Source: News


BLM issues proposed revisions to sage grouse management plans

The US Bureau of Land Management cited nearly 3 years of experience and considerable feedback from states and other stakeholders as it formally proposed revisions to six plans covering management of greater sage grouse habitat in seven Western US states in the May 4 Federal Register. Source: News


Watching Government: NY, NJ governors reiterate stands

If there ever was any doubt, New York and New Jersey’s governors separately announced, once again, that they do not want oil and gas activity off their respective states’ coasts. This includes onshore infrastructure, they added. Source: News


Russia’s oil and gas exports rise despite uncertainties, expert says

Russia’s oil and gas exports have continued to rise despite multilateral Western sanctions and an energy strategy that is not being aggressively pursued, the director of the Moscow School of Management’s Energy Center told a Washington audience. Source: News


Iran and oil prices

Among all possible outcomes of US withdrawal from the Iranian nuclear deal, diminished exports of crude by the Islamic Republic might be the least consequential for oil prices. Source: News