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Island Energy Services LLC (IES), a subsidiary of One Rock Capital Partners LP, New York, has decided to cease refining operations at its 54,000-b/d Kapolei, Ha., refinery on the island of Oahu as part of a shift in its strategic focus, which will be dedicated instead to logistics and retail operations.

The US Bureau of Ocean Energy Management and US Bureau of Safety and Environmental Enforcement prepared a draft programmatic environmental assessment (PEA) to evaluate potential impacts of existing oil and gas operations on the US Outer Continental Shelf off California.

Environmentalists will regret their gloating over another setback to the Trans Mountain pipeline expansion in Canada.

The light, sweet crude oil contract for October fell slightly on the New York market Sept. 7, marking its third consecutive decline. Brent crude oil prices for November and December climbed modestly in London. Analysts said a strengthening US dollar restrained light, sweet crude prices. Oil trades in US dollars so a stronger dollar makes oil expensive for buyers starting out with other currencies.

An international tribunal administered by the Permanent Court of Arbitration in The Hague found that a $9.5-billion judgment that Ecuador’s government lodged against Chevron Corp. in 2011 violated international treaties, investment agreements, and international law. Ecuador breached its obligations under a 1995 settlement agreement that released Chevron subsidiary Texaco Petroleum Co. and its affiliates from the same public environmental claims on which the Ecuadorian judgment was exclusively based, the Sept. 9 decision said.


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