Energy

Mexico, Braskem sign supply pact for ethlyene plant Friday, 6 Nov 2009 08:09pm EST 

MEXICO CITY, Nov 6 (Reuters) - Mexico's state oil company Pemex said it signed a letter of intent with a consortium led by Brazil's Braskem SA to supply raw materials for a proposed petrochemicals plant the consortium may build in Mexico.  Full Article  

Valero reports Corpus Christi SRU upset fixed Friday, 6 Nov 2009 06:20pm EST 

HOUSTON, Nov 6 (Reuters) - Valero Energy Corp said it has fixed an upset in a sulfur recovery unit (SRU) on Friday at its 315,000 barrel per day refinery in Corpus Christi, Texas, according to state pollution regulators. (Reporting by Kristen Hays)  Full Article  

UPDATE 2-U.S. energy companies monitor storms in Gulf Friday, 6 Nov 2009 05:32pm EST 

HOUSTON, Nov 6 (Reuters) - U.S. oil producers and refiners said operations were normal in and around the Gulf of Mexico on Friday as they monitored weather systems that could threaten offshore platforms and coastal facilities in the next several days.  Full Article  

UPDATE 1-Shell to pay $19.5 mln for California violations   Friday, 6 Nov 2009 04:17pm EST

* California AG investigated 1,000 Shell gasoline stations  Full Article

 
UPDATE 1-Valero to shut N.J. refinery for 3-weeks' work   Friday, 6 Nov 2009 03:20pm EST

NEW YORK, Nov 6 (Reuters) - Top U.S. refiner Valero Energy Corp said its 160,000 barrel-per-day Paulsboro, New Jersey, refinery will be shut for three weeks of maintenance during a longer unplanned FCC unit outage.  Full Article

 
UPDATE 1-Cost of new Mexican oil refinery rises to $9.65 bln   Friday, 6 Nov 2009 02:20pm EST

MEXICO CITY, Nov 6 (Reuters) - Mexico's state oil company Pemex said on Friday its new oil refinery would cost approximately $700 million more than previously estimated.  Full Article

 
Mexico puts cost of new refinery at $9.65 billion   Friday, 6 Nov 2009 01:59pm EST

MEXICO CITY, Nov 6 (Reuters) - Mexico's planned new oil refinery at Tula will cost 129 billion pesos ($9.65 billion) state oil company Pemex [PEMX.UL] said on Friday.  Full Article

 
Europe Gasoline-Cracks fall after U.S. jobs data   Friday, 6 Nov 2009 01:44pm EST

LONDON, Nov 6 (Reuters) - European gasoline crack spreads fell to two-week lows after a larger-than-expected jump in U.S. unemployment in October, slamming the arbitrage to the key export market shut.  Full Article

 
U.S. natural gas rig count climbs 6 to 734 for week   Friday, 6 Nov 2009 01:38pm EST

NEW YORK, Nov 6 (Reuters) - The number of rigs drilling for natural gas in the United States climbed by six this week to 734, according to a report on Friday by oil services firm Baker Hughes in Houston.  Full Article

 
UPDATE 1-Compton Petroleum Q3 profit falls 78 pct   Friday, 6 Nov 2009 01:37pm EST

* Q3 average production down 24 pct (Adds, details, analysts' comments, updates stock movement)  Full Article

 
U.S. to be more selective with carmakers Friday, 6 Nov 2009 11:54am EST

WASHINGTON (Reuters) - Automakers can expect the U.S. government to be attentive to its multibillion-dollar stake in their businesses next year and selective in its efforts to reshape the industry.  Full Article 

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