Ineos AG has selected Antwerp, Belgium, as the site for its previously announced plan to build both a grassroots ethane cracker and propane dehydrogenation unit in northern Europe. To be co-located with Ineos’ existing polymer-production sites in Europe and connected by pipeline to several the operator’s ethylene and propylene derivative units in the region, the €3-billion […]

Equinor and Aker BP dominated awards by Norway’s Ministry of Petroleum as part of the Award in Predefined Areas (APA) for 2018 held Jan. 15. Thirty-three companies were offered ownership interests in 83 production licenses on the Norwegian Continental Shelf—the largest number ever awarded in one licensing round, according to the Norwegian Petroleum Directorate. Twenty-one […]

The Colorado Supreme Court reversed a lower court’s decision that would have required the Colorado Oil & Gas Conservation Commission to consider potential health and climate impacts before authorizing more exploration and production. The suit was filed after COGCC rejected a late-2013 petition asking it to reject applications for new drilling permits unless they did […]

SDX Energy Inc. reported its SRM-3 appraisal well encountered oil on the South Ramadan license offshore Egypt in the Gulf of Suez. The operator is Pico. SDX has a 12.75% interest. Source: News

The light, sweet crude oil price for February dropped more than $1 on the New York market Jan 14 to settle just above $50.50/bbl while Brent crude for March dropped nearly $1.50 to settle just under $59/bbl in London. Source: News

Croatia’s INA Industrija Nafte DD has approved a more-than $617-million plan to modernize its 90,000-b/d Rijeka refinery along the northern part of the Adriatic Sea as part of an organizational strategy to boost performance and competitiveness of its Croatian refining business. Source: News

US House Democrats wasted little time before seven of them introduced bills on Jan. 8 aimed at keeping oil and gas exploration from expanding off their coastal states’ shores. The federal measures came as state legislators in Connecticut, Georgia, Hawaii, Maine, Massachusetts, New Hampshire, New York, Oregon, and Rhode Island announced a coordinated effort to […]

In its latest monthly oil market report, the International Energy Agency has revised its 2019 non-OPEC supply growth forecast down by 415,000 b/d to 1.5 million b/d, partly due to expected cuts from Russia and to lower growth in Canada. Source: News

Will Democrats now controlling the US House of Representatives act seriously about climate change or remain stuck in high-minded futility? They promise to make action on climate change a priority for the new session of Congress, during which a presidential election will be held. Source: News

The US government shut down at midnight, Dec. 22, 2018. What didn’t shut down with it was US politics. If anything, the shutdown has turned up the heat on an already boiling pot of partisan mistrust and posturing. This is no less the case in energy policy than anywhere else. Source: News