Americas
ExxonMobil to merge refining, marketing divisions
IRVING, Texas — ExxonMobil Corporation announced it will combine its refining and marketing operations into a single company, ExxonMobil Fuels & Lubricants Company, in 1Q 2018. Bryan Milton, currently president of ExxonMobil Fuels, Lubricants & Specialties Marketing Company, has been appointed president of the combined division by ExxonMobil’s board of directors, effective Jan. 1, 2018.
Magellan, Plains to further expand BridgeTex Pipeline
TULSA, Okla. and HOUSTON — Magellan Midstream Partners, L.P. and Plains All American Pipeline, L.P. announced that BridgeTex Pipeline Company, LLC, owned 50/50 by Magellan and Plains, plans to further expand the capacity of the BridgeTex pipeline and has launched a supplemental open season to assess customer interest for the expanded capacity.
PDVSA's Amuay refinery halts distillation unit
CARACAS (Reuters) — Venezuela’s 645,000 bpd Amuay refinery has halted its distillation unit No. 5 due to an operational problem, union leader and opposition activist Ivan Freites said on Thursday.
India MRPL makes its first US oil purchase
NEW DELHI (Reuters) — India’s state-run Mangalore Refinery and Petrochemicals Ltd has made its first purchase of US crude oil, buying high-sulfur grade Southern Green Canyon through a buy tender for an early February delivery, the head of its refinery said.
EPA sets US biofuels targets slightly higher for 2018
NEW YORK/WASHINGTON (Reuters) — The US Environmental Protection Agency said on Thursday it will require fuel companies to blend slightly more biofuels into the nation's gasoline and diesel next year, reversing a previous proposal for a small cut.
KBR awarded ammonia plant revamp in India
HOUSTON — KBR, Inc. announced it has been awarded an ammonia plant revamp contract by Rashtriya Chemicals & Fertilizers Ltd (RCF).
Copersucar partners with BP on ethanol complex in Brazil
SAO PAULO (Reuters) — Brazil’s Copersucar, one of the world’s largest ethanol merchants, and BP’s Brazil unit said on Thursday they will form a 50–50 logistics JV in the country.
Argentina biodiesel exports decline after US tariffs imposed
BUENOS AIRES (Reuters) — Argentina's biodiesel exports fell 30% in the third quarter of 2017 from the previous year to 353,034 t, the government's statistics agency said on Wednesday, indicating that new US import tariffs have had a swift impact.
Rising US propane exports to Asia widen heating-value spread
HOUSTON (Reuters) — Propane is trading at its widest premium to butane on a heating value basis in four years as strong US exports combined with expectations of a colder US winter than a year ago have tightened inventories.
EIA: US crude stocks fall, but gasoline, distillates up
(Reuters) — US crude oil stocks fell last week, led by the biggest fall in inventories at the Cushing, Oklahoma storage hub in eight years, while gasoline and distillate stockpiles rose, the Energy Information Administration said on Wednesday.
- TotalEnergies extends its fuel price cap policy in France until the end of April 4/7
- Navigating the montan wax challenge with renewable alternatives for polymers 4/7
- AFR selects Axens as technology provider for Texas (U.S.) refinery 4/7
- Iran has attacked Saudi Arabia's Jubail petrochemical complex, IRGC says 4/7
- Iran's Marvdasht Petrochemical complex attacked by US and Israel 4/7
- Fluor awarded engineering and design contract for America First Refining's refinery in South Texas 4/7
