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Americas

North American exodus at PetroChina sparks speculation of company shift

NEW YORK (Reuters) — A flurry of departures across the US and Canadian units of Chinese state energy firm PetroChina Co Ltd have sparked speculation that the oil trader is reducing its presence in North America, even though the company says it is committed to the region.

Energy Transfer sues Greenpeace over Dakota pipeline

(Reuters) — Energy Transfer Partners LP on Tuesday filed a lawsuit against Greenpeace and other environmental groups, accusing them of launching an "eco-terrorism" campaign aimed at blocking the Dakota Access Pipeline, the center of months of opposition by Native American and green groups.

Oil prices climb as traders eye another US crude drawdown

NEW YORK (Reuters) — Oil inched up on Tuesday, lifted by expectations of another crude stockpile drawdown in the United States but price gains were limited amid the reopening of Libya's largest oil field.

Compact Membrane Systems unveils new olefins separations technology in pilot

NEWPORT, Del. — Compact Membrane Systems (CMS) unveiled Optiperm, a membrane-based olefin paraffin separation technology, with a pilot system at the Delaware City Refining Company site in Delaware City, DE.

Wood Group awarded 5-yr maintenance contract for Phillips 66 refinery

HOUSTON — Wood Group has been awarded a 5-yr, multimillion dollar contract by Phillips 66 to provide supplemental maintenance services and support for small capital construction projects and turnarounds to the Sweeny Refinery, approximately 65 mi southwest of Houston.

At least one dead, 5 burned in eastern Mexico pipeline explosion

MEXICO CITY (Reuters) — At least one person died and five others suffered burns after a pipeline exploded during an illegal tap in the eastern Mexican state of Veracruz, state-owned oil company Pemex and state emergency services said on Saturday.

Refiner Valero's secret campaign against US biofuels mandates

(Reuters) — US biofuels regulations, which mandate mixing corn-based ethanol into gasoline, have lately drawn together a diverse cast of political opponents.

Pin Oak Terminals opens multi-product liquid marine terminal

Pin Oak Terminals, LLC opened the new multi-product liquid marine terminal at Pin Oak’s site in Mt. Airy, Louisiana. This is following key investment from Mercuria Energy Group Ltd. in the previous months.

Glencore, Chevron enter Mexico's recently opened fuel market

MEXICO CITY (Reuters) — US energy company Chevron Corp and trading firm Glencore on Thursday announced separate plans to enter Mexico's fuel market, as the long-hidebound sector begins to attract major foreign players.

US gasoline production is running near record levels

Gasoline production by US refiners and blenders has run near record levels over the first seven months of 2017, with four-week rolling average production well above its five-year average and close to the top of its five-year range. US gasoline inventories also remain relatively high despite growing domestic and foreign demand.