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Oil prices steady after U.S. stock draw, but China outlook drags

SINGAPORE, Aug 13 (Reuters) - Oil prices were steady early on Thursday, supported by lower U.S. stockpiles and a firm demand outlook, but worries over China's economy continued to weigh.

U.S. WCoast Products - Los Angeles wholesale gasoline backs down

SAN FRANCISCO, Aug 12 (Reuters) - Los Angeles wholesale gasoline differentials for August delivery declined on Wednesday for the first time this week as refineries stopped buying in the market, traders said.

UPDATE 1-QGEP says Brazil Manati field holds 13.5 bln cubic meters of gas

(Adds additional certification data, production-potential table) RIO DE JANEIRO, Aug 12 (Reuters) - Queiroz Galvão Exploração e Produção SA said on Wednesday that the Manati offshore oil field in Brazil holds 13.5 billion cubic meters (477 billion cubic feet) of proven and probable, or "P2", natural gas reserves. The reserves, certified by Houston-based Gaffney, Cline Associates, will allow production potential of 6 million cubic meters of natural gas a day in 2015 and 2016, falling t

PES FCCU shutdown at Phila. refinery may be linked to compressor -source

Aug 12 (Reuters) - A faulty compressor may be to blame for a shutdown at the 88,000-barrel-per=day (bpd) gasoline-making fluid catalytic cracking unit (FCCU) at Philadelphia Energy Solutions' 335,000-bpd plant in Philadelphia, a source familiar with plant operations said on Wednesday.

QGEP says Brazil Manati field holds 13.5 bln cubic meters of gas

RIO DE JANEIRO, Aug 12 (Reuters) - Queiroz Galvão Exploração e Produção SA said on Wednesday that the Manati offshore oil field in Brazil holds 13.5 billion cubic meters (477 billion cubic feet) of proven and probable, or "P2", natural gas reserves.

Britain changes rules to fast-track shale gas permits

LONDON, Aug 13 (Reuters) - The British government will give its communities minister the power to directly approve shale gas permits, taking away decision-making from local politicians who have in the past months blocked the progress of Britain's first shale gas wells.

Zambia approves $1.9bn Bwana Mkubwa refinery and pipeline project

Australia’s Maysen & Borowski Claymont Joint Venture (MBCJV) and Phoenix Material and Constructing have secured approval from the Zambia Development Agency (ZDA) for the construction of $1.9bn oil refinery and pipeline project.

Canada's NDP would look at emissions in deciding on pipelines

OTTAWA, Aug 12 (Reuters) - Canada's New Democratic Party would take greenhouse gas emissions into account in deciding whether projects like TransCanada Corp's Energy East pipeline should be allowed to proceed, NDP leader Thomas Mulcair said on Wednesday.

Sunrise in Pakistan as the Country Delves into Solar PV

Pakistan has joined the list of countries that are exploring solar power as a means to bridge critical energy generation shortfalls.  The tariff that has been announced is priced to be attractive and interest is already high.  Of the two provinces currently ready to implement the program, Punjab is in the north, and Sindh in in the south.  The prices on a levelized basis for these regions are:

Size of Project (in MW)

North Region Price in US cents per kWh

Global Renewable Energy Roundup: China, Kenya, Turkey, India Seeking More Renewables

China is being encouraged by three industry groups to double the nation’s solar-power goal for 2020 to make up for shortfalls from nuclear and hydropower projects, while India’s installed capacity of solar power could reach 75 GW by 2020.  Meanwhile Kenya is installing 75 MW of wind and geothermal while Turkey looks to add 2 GW of wind power capacity ahead of schedule. Stories below.
China Advised to Double Solar Goal to Fill Nuclear, Hydro Gap

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