Americas
EIA: Midwest, Rocky Mountain regions increasingly self-sufficient in fuel production
A new study, commissioned by the US Energy Information Administration (EIA), finds that changes in North American energy markets over the past decade have strengthened the supply of transportation fuels including motor gasoline, distillates, and jet fuel in the Midwest and Rocky Mountain regions.
One of the first US refineries to be built in 40 years planned for Permian Basin
AUSTIN, Texas -- MMEX Resources Corp., a global energy company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, announced that it plans to build a $450 million, 50,000-bpd capacity crude oil refinery in the West Texas Permian Basin, subject to the receipt of required governmental permits and completion of required debt and equity financing.
CERAWeek ’17: Global gas growth spurred by emerging markets, increased trade
HOUSTON—At CERAWeek by IHS Markit’s Global Gas Plenary on Wednesday morning, panelists shared their views on how they expect gas markets to develop over the next few years.
CERAWeek '17: Gas execs, analysts discuss Asian LNG market reforms
HOUSTON—At a Wednesday morning breakfast panel discussion at CERAWeek by IHS Markit, executives from Asian and US LNG companies, as well as analysts and government strategists, spoke about the state of the Asian LNG market and how reforms should be implemented.
ACC: US resin production down slightly, sales up in January
WASHINGTON, DC – US production of major plastic resins totaled 6.8 billion pounds during January 2017, a decrease of 0.9 percent compared to the same month in 2016, according to statistics released today by the American Chemistry Council (ACC).
A reusable sponge could ‘revolutionize’ oil spill, diesel cleanup
CHICAGO -- Scientists at the US Department of Energy's Argonne National Laboratory have invented a new foam, called Oleo Sponge, that can be used to clean up oil and diesel spills in water. The material not only quickly adsorbs oil from water, but also is reusable and can pull dispersed oil from the entire water column—not just the surface.
Watchdog to ask US lawmakers to probe Icahn's role with Trump
(Reuters) -- A government watchdog group, Public Citizen, said on Wednesday it has asked lawmakers to investigate whether billionaire investor Carl Icahn should have been subject to lobbying disclosure laws when he advised President Donald Trump to overhaul the US biofuels program.
EIA: US crude stocks jump, gasoline inventories plunge
(Reuters) -- US crude oil inventories surged last week to another record high, while gasoline stocks went the other direction, posting their largest one-week drop in nearly six years, the Energy Information Administration said on Wednesday.
Union threatens strike at Saskatchewan refinery as talks stall
CALGARY, Alberta (Reuters) -- Workers at the 130,000-bpd Co-op Refinery Complex in Regina, Saskatchewan, could go out on strike by the end of March after pay and pension negotiations with management broke down, a union representative said on Tuesday.
Oil-for-loan debts cost Venezuela's PDVSA hard-won India market share
CARACAS/HOUSTON/NEW DELHI (Reuters) -- Venezuela's state-run oil company, PDVSA, has spent at least a decade trying to build business ties and boost shipments to refineries in India, where crowds once welcomed the late socialist leader Hugo Chavez with cries of "Viva!"
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
