Energy Update
Fugro has been awarded a contract from INPEX Operations Australia Pto provide subsea services for the Ichthys facilities in the Timor Sea, located approximately 220km from the coast of Western Australia.
* For graphic showing China choke points: http://tmsnrt.rs/2ijdN1G
Jan 12 (Reuters) - Anadarko Petroleum Corporation
said on Thursday it would sell its Eagleford Shale assets in
South Texas for about $2.3 billion to Sanchez Energy Corporation
and Blackstone Group LP.
WASHINGTON, Jan 12 (Reuters) - The United States is set to
announce the easing of some financial sanctions against Sudan on
Friday for its recent efforts in helping tackle terrorism, a
senior U.S. official said on Thursday.
Jan 12 (Reuters) - Oil and gas producer WPX Energy Inc
said it would buy assets in the Delaware basin for $775
million, the latest company to bolster its position in the
oil-rich Permian region.
NEW YORK, Jan 12 (Reuters) - U.S. East Coast refiners are in
the midst of their biggest buying spree of Algerian crude in
years as they take advantage of cheap oil spilling out of the
region, traders said on Thursday.
NEW YORK, Jan 12 (Reuters) - The U.S. government on Thursday
said that ethanol made from corn is better for the environment
than previously expected in a report boosting the country's
biggest biofuel a week ahead of a new administration that has
some in the industry concerned.
NEW YORK, Jan 12 (Reuters) - Motorists drove 262.2 billion
miles (422 billion km) on U.S. roads in November, a 4.3 percent
increase from a year prior and the highest volumes ever for the
month, according to data released Thursday by the U.S.
Department of Transportation.
Jan 12 (Reuters) - New York Governor Andrew Cuomo this week
proposed to develop up to 2,400 megawatts (MW) of offshore wind
power by 2030 capable of powering 1.25 million homes as the
state seeks to lead the nation in renewable energy production.
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