Global Refining & Petrochemicals

Fuels & Processing
Electric Power

New York City Better Prepared for Winter - Report

The outlook for natural gas supplies into the New York City (NYC) heating market is expected to be much improved this winter compared to last season with more than 18 billion cubic feet per day (Bcf/d) of natural gas being transported from the Marcellus Shale into the city, but the market could still be susceptible to price spikes, according to a new report from Morningstar Commodities Research.

Public Policy
Public Policy

Railcar Rules Could Cost U.S. Economy $60 Billion

A new rule for rail tank car standards proposed by the U.S. Department of Transportation could cost more than $60 billion due to tank car modifications, lost tank car service time and possible increased shipping costs, a recent report issued by The Brattle Group showed.

Electric Power
Fuels & Processing

Boeing, SAA Launch Tobacco-to-Biojet Effort

Amsterdam-based SkyNRG recently announced that Sunchem SA, Boeing and South African Airways officially launched “Project Solaris,” a joint effort to develop aviation biofuels from the nicotine-free tobacco plant variety.

Public Policy

EU Commission OKs Acquisition of Statoil Aviation Fuel Operations

The European Commission announced Dec. 15 that it has approved BP’s acquisition of Statoil Fuel and Retail Aviation (SFRA) of Norway—provided that BP divest the SFRA operations at Stockholm, Malmö, Gothenburg (all in Sweden) and Copenhagen (Denmark) airports.

Public Policy

French Automakers: Restrict Old Diesels, Not New Diesels

The French automakers association Comité des Constructeurs Français d’Automobiles (CCFA) on Dec. 12 asked Paris Mayor Anne Hidalgo to revise her proposed ban on all diesel vehicles in the capital by 2020 (see Hart Energy’s DownstreamBusiness.com on 12/08/2014).

Margins & Economics

Petrobras Discloses Partial 3Q 2014 Results; Diesel Sales Rise

Petrobras announced Dec. 12 that while a bribery scandal involving former downstream director Paulo Roberto Costa has prevented completion of a full financial report for its third-quarter (3Q) 2014 (see Hart Energy’s DownstreamBusiness.com on 11/25/2014), it has decided to release partial results.

Margins & Economics