Suncor Energy Inc., Calgary, has cut its capital guidance for 2016 to $6-6.5 billion from $6.7-7.3 billion reported in November. Source: News

BOC Ltd., an industrial gases subsidiary of Germany’s Linde Group, has commissioned a plant that will capture carbon dioxide emissions from operations at New Zealand Refining Co. Ltd.’s (NZRC) 107,000-b/d Marsden Point refinery at Northland on the North Island’s east coast. Source: News

The Obama administration should rely more on oil and gas industry innovation and cooperation, and less on heavier federal regulation, as it moves into its final year, an American Petroleum Institute official recommended. Source: News

Occidental Petroleum Corp., Houston, said on Feb. 4 that its 2016 capital program is expected to be “no more than $3 billion with production growth of [2-4%] from ongoing operations.” Source: News

BP PLC has let a contract to a division of Emerson Electric Co., St. Louis, Mo., to provide automation technologies for a project designed to upgrade two units at its 413,000-b/d refinery in Whiting, Ind. Source: News

Total SA has signed a binding heads of agreement with ENN LNG Trading Co. Ltd. for the delivery of 500,000 tonnes/year of LNG for 10 years. The deliveries will be sourced from Total’s global LNG portfolio and are expected to begin in 2018 after completion of ENN’s Zhoushan LNG receiving terminal. Source: News