Tesoro plans biocrude co-development, processing at existing refineries

Tesoro Corp., San Antonio, is launching a program with several renewable energy companies to advance biomass-to-fuels technology for development of biocrude feedstock that the independent refiner-marketer plans to co-process alongside traditional crude at its US refineries. Source: News


TransCanada, First Nations groups sign deals for Coastal GasLink project

TransCanada Corp. reported that its Coastal GasLink Pipeline Project has signed long-term agreements with Nadleh Whut’en First Nation and West Moberly First Nations. The Coastal GasLink project has now secured 11 project agreements and continues to make “good progress” toward concluding deals with other First Nations along the pipeline route, TransCanada said. Source: News


Shell sees 2015 earnings slide by more than half

Royal Dutch Shell PLC expects its full-year 2015 earnings on a current cost of supplies (CCS) basis excluding identified items at $10.4–10.7 billion, down from $22.6 billion in 2014. Source: News