Energy Update
WASHINGTON, Feb 27 (Reuters) - U.S.
PARIS, Feb 27 (Reuters) - The management of French nuclear group Areva plans to cut 15 percent of its wage bill and thereby save 300 million euros ($337 million) a year as the prospects for sales of its reactors worsen, according to union sources briefed by the new team.
Platts and Bentek analyze recent trends in US coal production, the role of geography energy production costs, and the theoretical coal-to-gas switching potential.
(Fri, 27 Feb 2015) On February 18, an explosion and fire occurred at ExxonMobil's refinery in Torrance, California. The Torrance refinery, the third-largest refinery in Southern California, has about 20% of the region's fluid catalytic cracking capacity and is an important source of gasoline and distillate fuel oil supply for Southern California.
(Fri, 27 Feb 2015) Monthly natural gas gross withdrawals estimated from data collected on Form EIA-914 (Monthly Natural Gas Production Report) for Federal Offshore Gulf of Mexico, Texas, Louisiana, New Mexico, Oklahoma, Texas, Wyoming, other states and Lower 48 states. Alaska data are from the state of Alaska and included to obtain a U.S. total.
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