07182018Wed
Last updateWed, 18 Jul 2018 2pm

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EPA Seeks Input on Wastewater from Oil & Gas Extraction

The EPA is embarking on a new study to determine how the EPA, states and stakeholders regulate and manage wastewater from the oil and gas industry. Currently, the majority of the large volumes of this wastewater is disposed of by underground injection, but that water can no longer be accessed or used.

Thus, the EPA is inviting stakeholders to consider available approaches to manage this wastewater including addressing questions such as how existing federal approaches to produced water management under the Clean Water Act can interact more effectively with state regulations, requirements or policy needs, and whether any potential federal regulations that may allow for broader discharge of treated produced water to surface waters are supported.

States, industry and nongovernmental organizations are being asked to facilitate conversations. Following this study, EPA will determine if future agency actions are appropriate to further address oil and gas extraction wastewater. Learn more about how you can engage in this discussion here


Total, Borealis and NOVA Chemicals Close Joint Venture

Total Petrochemicals & Refining USA Inc. (TPRI), Borealis AG and NOVA Chemicals have closed a joint venture in petrochemicals on the U.S. Gulf Coast after receiving all required regulatory approvals. The JV is already constructing projects in Bayport and Port Arthur, TX.

The company, named Bayport Polymers LLC, is 50% owned by TPRI and 50% owned by Novealis Holdings LLC, a joint venture between Borealis and NOVA Chemicals. Diane Chamberlain has been appointed president of the new entity. 

LNG, Ethanol Sellers Buoyed by China Trade Talk

“China's interest in reducing its trade surplus with the United States through increased energy imports could advance plans for U.S. liquefied natural gas (LNG) plants and ethanol sales, said analysts and energy executives involved in developing new LNG facilities.”

Reuters  reports that “more than two dozen proposed U.S. LNG plants waiting for customer commitments to reach a final investment decision, many of them looking to China for deals.” 

Chemical Activity Up as Pace of Growth Slows

The Chemical Activity Barometer (CAB) from the American Chemistry Council (ACC), rose 0.1% on a three-month moving average (3MMA) basis in May to 121.9. The barometer is up 3.9% on a 3MMA compared to a year earlier. The unadjusted CAB showed a second consecutive month of gains, up 0.2% in May and also up 3.9% year-over-year.

May production-related indicators gained as trends in construction-related pigments and related performance chemistries strengthened along with plastic resins used in packaging. U.S. exports also continued to rise. Equity prices, along with product and input prices also strengthened while inventory remained positive. 

U.S Still Top Producer of Petroleum, Natural Gas Hydrocarbons

The U.S. remained the world's top producer of petroleum and natural gas hydrocarbons in 2017, reaching a record high. The U.S. has been the world's top producer of natural gas since 2009, when U.S. natural gas production surpassed that of Russia, and the world's top producer of petroleum hydrocarbons since 2013, when U.S. production exceeded Saudi Arabia’s. Since 2008, U.S. petroleum and natural gas production has increased by nearly 60%.

For the U.S. and Russia, total petroleum and natural gas hydrocarbon production, measured in energy content, is almost evenly split between petroleum and natural gas, while Saudi Arabia's production heavily favors petroleum. 

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