Refinery Issues Plague Pemex. Last year, Petroleos Mexicanos was granted permission to swap its heavy oil for lighter crude produced in shale formations in the US as an attempt to increase fuel quality at its refineries – so why haven’t they imported a single barrel? [Bloomberg]
Iran Wants To Refine Oil In Indonesia. Iran submitted a proposal to build an oil refinery in Indonesia. The Southeast Asian nation wants to boost refining capacity to catch up with rising consumption.
Oil Prices Up Amid OPEC Talks Of Production Caps. All that talk with OPEC at least has crude oil prices taking a slightly higher turn Tuesday morning. [Wall Street Journal]
Austerity In Saudia Arabia From Low Oil Prices. Construction workers and other laborers continue to find themselves stranded without food or proper shelter – or answers – in the wake of austerity cuts made by Saudia Arabia’s slowing economy and plunging oil prices. [Bloomberg]
Colorado Voters To See Oil, Gas Limits On Ballot. Oil and gas operations in Colorado might look different in the coming years depending on how residents vote in elections this year.
Southern California Natural Gas Injections Nearly Flat This Season. Underground wells in Southern California are still undergoing rounds of testing and awaiting federal approval before operators can begin injecting again as rates remain flat in the region.[EIA]
More Strikes In The North Sea. Oil workers in the North Sea and their unions are readying for more strikes against Wood Group.
Statoil Begins Drilling Above Arctic Circle. Norwegian-based Statoil is aiming at replenishing natural gas stocks at an area LNG facility near the Snohvit field in the Barents Sea. [UPI]
Nothing To See Here, Move Along. Local police in Scotland are reminding people to, please, stay away from the massive oil rig that was blown on to the coast of the Isle of Lewis yesterday.
Chevron Avoids Ecuadorean Judgment In US. An appeals court upheld a previous ruling that found that a $8.6 pollution judgment in a case between Chevron and Ecuadorean residents was obtained through corrupt measures.
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