Energy Update
Veresen Midstream has secured $650 million of new credit facilities which will be primarily used to fund Veresen Midstream's contracted capital projects under construction, including the Sunrise, Tower and Saturn processing facilities.
HOUSTON/NEW YORK, Sept 5 (Reuters) - Saudi Aramco
and its U.S. refining joint-venture Motiva
Enterprises lead the race to buy LyondellBasell
Industries Houston refinery, according to three sources
familiar with the matter.
KINSHASA, Sept 5 (Reuters) - Gabon's sole oil refinery in
Port Gentil reopened on Monday after a five-day outage because
of violence following the disputed Aug. 27 presidential
elections, Sylvain Mayabi, secretary-general of the National
Organization of Petrol Employees, told Reuters.
BOGOTA, Sept 5 (Reuters) - A leftist rebel bomb attack has
halted pumping operations along Colombia's second most important
oil pipeline, the Cano-Limon Covenas, state oil company
Ecopetrol said on Monday.
BAKU, Sept 5 (Reuters) - Azerbaijan's state energy company
SOCAR plans to go ahead with a deal to buy Greek natural gas
pipelines operator DESFA, but says that its price should be
reduced, SOCAR's president said on Monday.
DAKAR, Sept 5 (Reuters) - Gabon's sole oil refinery in Port
Gentil has been shut since last Wednesday because of violence
following the disputed Aug. 27 presidential elections, a union
official told Reuters on Monday.
BEIJING, Sept 5 (Reuters) - The Chinese government is
considering imposing penalties on offshore oil companies that
damage marine environment, state media said on Monday, the
latest effort by Beijing to clamp down on environmental
pollution and tackle risks from oil leaks.
LONDON, Sept 5 (Reuters) - U.S. gasoline stockpiles remain
at record highs for the time of year but excess inventory is
smaller than it appears once adjusted for the higher level of
domestic consumption and exports.
MOSCOW, Sept 5 (Reuters) - Russia and Saudi Arabia are
currently discussing concrete parameters of an oil output freeze
deal, Russian Energy Minister Alexander Novak said in a
statement on Monday after talks with his Saudi Arabia
counterpart.
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