Americas
Republican lawmakers urge Trump to weaken Paris climate pact pledge
WASHINGTON (Reuters) -- A group of nine Republican lawmakers urged President Donald Trump to keep the United States in the 2015 Paris climate agreement but to reduce its pledge to cut greenhouse gas emissions, as Trump advisors were set on Thursday to discuss whether to leave the pact.
Maiden Bakken oil cargo to Asia ships out, with more to come
NEW YORK (Reuters) -- The first ever reported export of North Dakota's crude oil to Asia left port last month, according to a shipping document seen by Reuters on Wednesday, in what is expected to be the first of numerous cargoes once the key Dakota Access pipeline starts moving oil in May.
Marathon Petroleum posts surprise profit as pipeline unit delivers
(Reuters) -- Marathon Petroleum Corp reported a surprise quarterly profit on Thursday as the refiner earned more from its pipelines and storages business.
Lubrizol selects Jacobs for EPC services at polyisobutylene unit
DALLAS -- Jacobs Engineering Group Inc. has been selected by Lubrizol to provide engineering, procurement and construction (EPC) services for Lubrizol’s new Polyisobutylene (PIB) unit in Deer Park, Texas.
US crude inventories fall, products build as refining jumps
(Reuters) -- US crude oil inventories fell sharply and stockpiles of gasoline and distillates jumped last week as refineries hiked production rates to the highest since November 2015, the Energy Information Administration said on Wednesday.
Daimler says diesel probes could result in penalties, recalls
FRANKFURT (Reuters) -- Daimler on Wednesday reiterated that recent steps by United States authorities to investigate diesel emissions pollution and so-called auxiliary emission control devices could lead to significant penalties and vehicle recalls.
Europe lures rare diesel cargoes from US East Coast
LONDON/NEW YORK (Reuters) -- US East Coast refineries are stepping up exports of diesel despite a regional deficit of the fuel as strong overseas demand, particularly in Europe, is proving more profitable.
State prosecutors urge Trump not to withdraw from Paris accord
NEW YORK (Reuters) -- More than a dozen state prosecutors urged President Donald Trump in a letter on Tuesday not to withdraw from the Paris Climate Agreement, which commits the United States, along with 200 other countries, to reducing its greenhouse gas emissions in an attempt to slow global warming.
Cenovus shareholder seeks to halt purchase of ConocoPhillips assets
TORONTO (Reuters) -- A Cenovus Energy Inc shareholder has asked a Canadian regulator to halt the company's recent $12.6 B purchase of some ConocoPhillips assets, saying the new stock issued to help fund the deal has diluted the value of Cenovus shares.
OPTIMIZE ’17: Elevate, collaborate and innovate
HOUSTON -- Aspentech's user meeting kicked off Tuesday with live Irish music introducing the company’s CEO Antonio Pietri. His principal focus was a third solution portfolio—Asset Performance Management (APM)—being added to their Engineering and their Manufacturing & Supply chain solutions. Since OPTIMIZE 2015, they have spent $70 MM on acquisitions and $130 MM on internal R&D.
- 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
