Business news - 25 July 2016

Petrobras has reported that its Board of Directors approved a reassessment of its Rio de Janeiro Petrochemical Complex (COMPERJ) project.

The six-acre facility in Bryan, Texas, brings the Syntech product line closer to clients in the oil and gas industry and has the capacity to support future growth.

SapuraKencana Petroleum has won a US$113 million Mexico contract for the procurement and construction of a 36 in. sour gas pipeline.

ReThink Energy NJ, New Jersey Conservation Foundation, and the Stony Brook – Millstone Watershed Association has released the following statement about FERC’s release of a draft DEIS.

SapuraKencana Petroleum Berhad's wholly-owned subsidiary, SapuraKencana Mexicana S.A.P.I. de C.V., has been awarded a contract with a value of approximately US$113 million.

Gazprom and CNPC have discussed the prospect of underground gas storage and gas-fired power generation facilities in China, also approving roadmaps for implementing a memorandum of understanding.

Enbridge Energy Partners, L.P. and Enbridge Inc. have recently announced the signing of a consent decree with the US Department of Justice (USDOJ) and the US Environmental Protection Agency (USEPA).

Increasing the production of US oil and natural gas resources is vital to the nation’s economic and national security, and that of its allies, according to the API.