-Harvest Operations Corp. agreed to sell its 115,000-barrels-per-day refinery in Come By Chance, Newfoundland, to SilverRange Financial Partners. Harvest COO John Wearing said the company is focusing strategy on the upstream sector in Western Canada. Harvest is a wholly owned subsidiary of Korea National Oil Corp.
-NGL Energy Partners and Rimrock Midstream entered into a joint venture to build a crude oil pipeline stretching from Weld County, Colo., to Cushing, Okla. The Grand Mesa Pipeline would transport crude and condensate from the DJ and Wattenberg fields at an initial capacity of more than 130,000 barrels per day.
-Meanwhile, California cut its oil-by-rail imports from Canada by 86% this year, instead buying more domestic crude. Via Bloomberg, California doubled its crude oil intake from Colorado and bought larger amounts from Utah, New Mexico and North Dakota.
-Alaska LNG took its first step toward environmental review by the Federal Energy Regulatory Commission, Exxon Mobil announced today. The project’s partners — Exxon Mobil, TransCanada, BP, ConocoPhillips and the State of Alaska — applied to the DOE to export LNG in July.
-Dow announced new executive appointments amid the impending retirements of CFO William Weideman and CIO David E. Kepler. Jim Fitterling was named vice chairman of business operations and Joe E. Harlan was appointed chief commercial officer and vice chairman of market businesses. Howard Ungerleider will fill Weideman’s previous role as CFO.
