Company News
Rosneft says ready to talk Venezuela with US
Russian giant oil producer Rosneft said it’s ready to talk to U.S. authorities regarding its business in and with Venezuela’s state oil company, PDVSA, following threats of sanctions, Kallanish ...
Braskem drops plan for West Virginia cracker
Plans for a Brazilian petrochemical company building an ethane cracker in northern West Virginia are dead, but state officials are still hoping another developer will build such ...
JobsOhio commits $30M to potential petchem plant
Ohio’s economic development arm has awarded its largest grant ever for site work for a massive, multibillion-dollar petrochemical plant being considered for eastern Ohio, Kallanish Energy reports. ...
Going the Arctic route: Russia’s plans to develop LNG
Gas-rich Russia is working to boost its liquefied natural gas production to capture 20% of the global market by 2035. According to the report Russia’s New LNG Strategy: Breaking the Ice, released ...
Braskem drops plan for West Virginia cracker
Plans for a Brazilian petrochemical company building an ethane cracker in northern West Virginia are dead, but state officials are still hoping another developer will build such ...
Bechtel gets construction contract for Ohio ethane cracker
A proposed ethane cracker in eastern Ohio has taken another step forward, Kallanish Energy reports. The giant international engineering firm Bechtel has announced it has been hired ...
Venezuela oil output is said to have dropped by 50%
Power failures that kept Venezuela in darkness for much of March also briefly slashed the country’s crude production by 50%, people familiar with the situation told Bloomberg. ...
Delek pays $128M for 33% of Plains’ Red River system
Plains All American Pipeline Tuesday announced it’s formed a joint venture with Delek Logistics Partners in the existing Red River Pipeline system, with Delek paying $128 million for a 33% ...
Executive order could benefit Appalachia
President Trump’s April 10 Executive Orders are the directives which, as the President said “ends the war on American energy.” One order primarily takes the shackles off ...
Boem publishes notice on NY, NJ offshore wind line
A federal agency has taken the next step in developing a key electric transmission line to serve wind development offshore New York and New Jersey, Kallanish Energy reports. ...