Americas
Enterprise: US oil exports to meet 5% of non-US global demand by 2022
SINGAPORE (Reuters) — Crude oil exports from the United States will increase to meet 5% of global demand by 2022, as refiners seek more low-sulfur crude to meet stricter rules for cleaner fuels, an executive from Enterprise Partners LP said on Monday.
New project for AXION Energy in Argentina
The project involves the Detail Engineering for the expansion of the Catalytic Cracking Unit at the refinery that Techint E&C has in Campana.
EPA approves emergency fuel waiver for Florida
WASHINGTON — US Environmental Protection Agency (EPA) Administrator Scott Pruitt approved a request from Florida Governor Rick Scott for an emergency fuel waiver in order to ensure an adequate supply of diesel fuel across the state for ongoing response efforts to Hurricane Irma.
Secretary of Energy announces integrated biorefinery optimization projects
WASHINGTON, D.C. — US Secretary of Energy Rick Perry announced that the Department of Energy (DOE) has selected eight projects to negotiate for up to $15 MM in total DOE funding to optimize integrated biorefineries.
ExxonMobil Baytown, Beaumont refineries begin fuels production
IRVING, Texas — ExxonMobil said that its Baytown and Beaumont refineries have begun producing fuels at reduced rates and that crude oil and refined product pipelines in the Gulf and other regions of Texas have restarted as recovery continues from Hurricane Harvey.
Venezuelans face growing queues to buy gasoline
PUERTO ORDAZ, Venezuela (Reuters) — Venezuelan drivers are facing growing queues to buy gasoline despite having the world's largest oil reserves, adding to the OPEC country's woes as its refineries sputter and its socialist economic system crumbles.
Phillips 66 to sell assets to MLP in $2.4-B deal
(Reuters) — Phillips 66 Partners LP, the master limited partnership (MLP) of Phillips 66, said it would buy assets from the refiner in a deal valued at $2.4 B, including debt, in its biggest acquisition ever.
OPEC says winning battle to curb oil glut
VIENNA (Reuters) — OPEC and other oil producers are clearing a glut that has weighed on crude prices for three years and may wait until January before deciding whether to extend their output curbs beyond the first quarter of 2018, ministers said on Friday.
Dow announces start-up of world-scale ethylene production facility, polyethylene unit in Texas
MIDLAND, Mich. — DowDuPont Materials Science, the business division of DowDuPont to be named Dow, announced the startup of its new integrated world-scale ethylene production facility and its new ELITE enhanced polyethylene production facility, both in Freeport, Texas.
Stormy weather exposes shortcomings of world's oil refineries
BRUSSELS/LONDON (Reuters) — Hurricane Harvey's crippling impact on US oil refinery operations this month and the challenge buyers faced in filling the gap in gasoline supplies has exposed a shortage of spare refining capacity around the globe.
- AVTL to develop ammonia terminal in Pipavav, India 6/20
- Chevron seeks buyers for 50% stake in Singapore refinery 6/20
- Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict 6/20
- Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade 6/20
- Italy's Eni eyes new unit to manage oil refineries 6/20
- Inatech's Techoil implemented by Flint Hills Resources for a modern, integrated future 6/20
