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Americas

Nebraska farmers could derail Keystone XL pipeline

NELIGH, Nebraska (Reuters) -- When President Donald Trump handed TransCanada Pipeline Co. a permit for its Keystone XL pipeline last month, he said the company could now build the long-delayed and divisive project "with efficiency and with speed."

Dominican Republic ratifies terms of Odebrecht's $184-MM plea deal

SAO PAULO (Reuters) -- A judge in the Dominican Republic on Wednesday approved terms of a $184 MM fine on Odebrecht SA, which sought a plea deal after admitting to bribing officials to win contracts in the country.

Trump's EPA to reconsider oil and gas emissions rule

WASHINGTON (Reuters) -- The US Environmental Protection Agency will reconsider a rule on greenhouse gas emissions from oil and gas operations and delay its compliance date, the agency said on Wednesday in the Trump administration's latest move to reduce regulations.

ExxonMobil, SABIC select location for proposed petchem project on US Gulf Coast

HOUSTON -- ExxonMobil Chemical Company and SABIC each announced the selection of a site in San Patricio County, Texas for potential development of a jointly owned petrochemical complex on the US Gulf Coast.

Hastings Equity ventures into downstream sector, acquires Specialty Welding and Turnarounds

HOUSTON -- Hastings Equity Partners, a private equity firm focused on investing in lower, middle-market energy services and equipment companies, is pleased to announce its seventh Fund III platform investment in Specialty Welding and Turnarounds, LLC.

White House meeting on Paris climate deal postponed

WASHINGTON (Reuters) -- A White House meeting that was to help determine whether the United States should withdraw from the Paris climate accord has been postponed, an administration official said on Tuesday.

Loblaw to sell gas station business for $402 MM

(Reuters) -- Canadian grocery and pharmacy retailer Loblaw Cos Ltd said on Wednesday it would sell its gas station business to asset manager Brookfield Business Partners LP for about $402.17 MM.

Petrobras opposes Brazil plan to boost biofuels after selloff

SAO PAULO (Reuters) -- Brazil's state-controlled oil company Petróleo Brasileiro SA has expressed strong opposition to a government-led program to increase the use of biofuels following its recent decision to completely withdraw from the sector.

Parkland Fuel to buy Chevron Canada's downstream fuel business

(Reuters) -- Chevron Corp, the second-largest US-based oil company, sold its Canadian gasoline stations and refinery in British Columbia to Parkland Fuel Corp, a marketer of petroleum products, for $1.09 B.

E. Coast refiner shuns Bakken delivery as Dakota Access Pipeline starts

NEW YORK (Reuters) -- Philadelphia Energy Solutions Inc, the largest refiner on the US East Coast, will not be taking any rail deliveries of North Dakota's Bakken crude oil in June, a source familiar with delivery schedules said on Tuesday—a sign that the impending start of the Dakota Access Pipeline is upending trade flows.