Americas
EIA: Higher US crude output to cap oil prices through 2018
NEW YORK (Reuters) -- Higher crude output from the United States should limit any upside to global oil prices through the end of 2018, the US government said on Tuesday, ahead of a meeting of major oil producers later this month to discuss extending supply cuts.
US Democratic senators seek probe into Icahn’s biofuel credit dealings
WASHINGTON (Reuters) -- Eight Democratic senators asked US regulators on Tuesday to launch an investigation into billionaire Carl Icahn’s activities in the US biofuels blending credit market, saying the activist investor may have violated trading laws since becoming an adviser to President Donald Trump.
UN reports sharp drop in Cuban exports of refined oil products
HAVANA/HOUSTON (Reuters) -- Cuban exports of refined oil products fell about 97% between 2013 and 2016, according to a United Nations trade report released this week, reflecting falling supplies from its political ally Venezuela.
Calumet announces launch of uninhibited transformer oil
INDIANAPOLIS -- Calumet Specialty Products Partners, L.P., an independent producer of specialty hydrocarbon and fuel products, announced the launch of CALTRAN 60-00 Group U, a product that is the company's first uninhibited transformer oil.
Florida legislatures pass bill increasing recovery of post-use, non-recycled plastics
WASHINGTON – The Florida House and Senate this week passed Resource Recovery and Management (HB335). The American Chemistry Council’s Plastics Division issued the following statement, which may be attributed to Craig Cookson, senior director of recycling and energy recovery:
EIA: New pipeline infrastructure should accommodate rise in Permian oil
As crude oil production in the Permian Basin of western Texas and eastern New Mexico has increased, pipeline infrastructure has also increased to deliver this crude oil to demand centers on the US Gulf Coast.
CB&I announces startup of polypropylene technology pilot plant
THE WOODLANDS, Texas -- CB&I announced the inauguration of its Novolen technology polypropylene pilot plant, a new section of its Research and Development (R&D) center in Pasadena, Texas.
Oil prices slip as rising US drilling offsets OPEC-led cuts
LONDON (Reuters) -- Oil prices slipped on Monday, reversing gains made earlier in the session as evidence of rising US drilling offset news that OPEC and other producers may extend their production cuts.
China's crude oil imports ease from record, fuel exports fall
BEIJING (Reuters) -- China's crude oil imports eased in April from March's record high as refiners processed less oil during a heavy maintenance season, while exports of refined fuel fell by a quarter from a month earlier due to quota reductions.
EPA: Grandview petroleum distributor to upgrade 180 storage tank alarm systems
The US Environmental Protection Agency has reached an agreement with Christensen, Inc., a Grandview, Washington-based petroleum storage and distribution company over their failure to submit important emergency planning information for several years at five facilities in central Washington and one in Seattle.
- Pertamina is looking to import > 200,000/month of 90-octane gasoline 6/23
- Japan will mitigate potential gasoline price spike, prime minister says 6/23
- 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
