-Kinder Morgan will invest $671 million to expand its carbon dioxide infrastructure in southwestern Colorado and New Mexico. The project will include expanding production operations in Cow Canyon in Montezuma County, Colo., and an expansion of its 500-mile Cortez Pipeline, which runs from Colorado to New Mexico and west Texas.
-A federal appeals court on Tuesday struck down an industry challenge to the EPA’s 2013 Renewable Fuel Standard. Via Reuters, refiners said the agency should not consider the use of leftover ethanol credits from 2012 when setting the 2013 biofuel mandate. The court disagreed, ruling the EPA has “wide latitude” to consider a range of factors.
-The American Petroleum Institute said it has received more than 50 applications for API Specification Q2 — the first-ever quality management system certification for oil and gas industry service suppliers. API began developing Spec Q2 in 2010 to standardize execution of upstream services such as well construction, intervention, production and abandonment.
-QEP Resources agreed to sell more than $800 million in non-core E&P assets in the Cana-Woodford, Granite Wash and Williston basins.
-The National Research Council said in a new report the EPA had made substantial improvements in its Integrated Risk Information System (IRIS) process. The council in 2011 found several deficiencies in the agency’s IRIS assessment for formaldehyde and its general assessment methods. Despite the overall positive findings of the new report, the American Chemistry Council noted that further improvements are needed, including clear criteria for evaluating available scientific information.
