Americas
API: New safety standards enhance industry equipment, operations
WASHINGTON – The American Petroleum Institute’s Global Industry Services department (API Global) released two new safety standards: API Standard 16AR—Standard for Repair and Remanufacture of Drill-through Equipment and API Standard 18LCM—Product Life Cycle Management System Requirements for the Petroleum and Natural Gas Industries.
US pipeline regulator raises penalties for safety violations
HOUSTON (Reuters) -- The US Pipeline and Hazardous Materials Safety Administration (PHMSA) on Friday said it increased the maximum civil penalties that may be imposed for violations of federal pipeline safety laws.
Phillips 66 says refineries to run at mid-90% in 2Q 2017
HOUSTON (Reuters) -- Phillips 66 expects its refineries to run in the mid-90% range of their combined capacity in the second quarter, according to a document prepared for a Friday morning conference call with Wall Street analysts to discuss first quarter earnings.
Gulf Publishing Company Acquires 109-Year-Old Oildom Publishing; Creates Largest Energy Media Company Serving Upstream, Midstream, Downstream Sectors
HOUSTON – Gulf Publishing Company announced today the acquisition of Oildom Publishing Company of Texas, Inc., publisher of Pipeline & Gas Journal, to create the world’s largest independent media company devoted exclusively to the international energy industry.
Materia expands Proxima manufacturing facilities in Texas
PASADENA, Calif. – Materia Inc., a company in the development and manufacturing of catalysts and advanced polymers, is expanding its Proxima thermoset resins manufacturing capacity fivefold in Huntsville, Texas.
Brazil minister backs tariff to curb US ethanol imports
BRASILIA/SAO PAULO (Reuters) -- Agriculture Minister Blairo Maggi has asked Brazil's foreign trade council to impose tariffs on ethanol imports following a surge in shipments from the United States, an official said on Thursday, a move that could stir trade tensions with the Trump administration.
Icahn's oil refiner reports plunge in biofuels bill in Q1 2017
NEW YORK (Reuters) -- Biofuels compliance expenses for CVR Energy's refining unit fell to the lowest level in almost five years during the first quarter, the company said on Thursday, as the US government weighs an overhaul of its renewable fuels policy.
Next battleground: An aging Great Lakes pipeline stirs new protest
CALGARY, Alberta (Reuters) -- The growing protest movement against US oil and gas pipelines has so far focused on stopping or delaying new construction, with some high-profile successes.
US refiners bet on strong exports to balance market
NEW YORK (Reuters) -- US refiners have come out of maintenance season betting that big exports to Mexico and South America will help alleviate high product inventories and boost margins as the critical summer driving season nears.
Judge says Exxon owes $19.95 MM for Texas refinery pollution
(Reuters) -- A federal judge ruled on Wednesday that ExxonMobil Corp should pay a $19.95 MM penalty for pollution from its Baytown, Texas, refining and chemical plant complex between 2005 and 2013.
- Mideast conflict turbocharges diesel prices, squeezing Europe 6/23
- 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
- Linde to invest $400 MM to build the world-scale air separation unit 6/23
- OEG signs major partnership agreement in Qatar 6/23
- U.S. Supreme Court lets fuel producers challenge California emissions standards 6/23
