Americas
EIA: Planned refinery outages through first half of 2017 not expected to affect availability
The US Energy Information Administration's (EIA) latest analysis of planned refinery outages during the first half of 2017 finds that such outages are not expected to cause a shortfall in the supply of petroleum products including gasoline, jet fuel, and distillate fuel, relative to expected demand, either nationally or within any US region. This result occurs despite the current high level of US gasoline demand, which in 2016 was as high as or higher than in any past year.
Air Products wins Marathon Petroleum hydrogen supply agreement
LEHIGH VALLEY, Pa. -- Air Products, an industrial gases company, announced it has been awarded the long-term supply of approximately 30 million standard cubic feet per day of hydrogen by Marathon Petroleum Company LP for its Garyville, Louisiana refinery. This new supply award, to begin in November 2017, is in addition to volumes of hydrogen Air Products already provides Marathon Petroleum at its Garyville refinery.
Zachry Group acquires Ambitech Engineering Corporation
SAN ANTONIO -- Zachry Group announced that it has acquired Chicago-based Ambitech Engineering Corporation, a global, full-service provider of engineering, design, project management, procurement and construction management services.
The Chemours Company awards Jacobs long-term field services contract
DALLAS -- Jacobs Engineering Group Inc. received a five-year field services contract from The Chemours Company FC LLC for its Washington Works Facility in West Virginia.
EIA: Canada is the largest US partner for energy trade
Canada is the largest energy trading partner of the United States. Based on the latest annual data from the US Census Bureau, energy accounted for about 5% of the value of all US exports to Canada and more than 19% of the value of all US imports from Canada in 2016.
Marathon Petroleum sells assets to its MLP for $2 B
(Reuters) -- Marathon Petroleum Corp said on Wednesday it sold some terminal, pipeline and storage assets to MPLX Inc, the master limited partnership that it spun off in 2012, for $2.02 billion.
TransCanada's $15-B US Keystone XL NAFTA suit suspended
CALGARY, Alberta (Reuters) -- TransCanada Corp has suspended a $15 billion NAFTA suit filed against the United States over the Keystone XL pipeline, the company said on Tuesday, after US President Donald Trump approved the project last month.
Buffett's Berkshire rejects fossil fuel proposal, shareholder says
(Reuters) -- Warren Buffett's Berkshire Hathaway Inc will urge shareholders to reject a proposal by a Nebraska nonprofit that it sell its investments in oil refiner Phillips 66 and other companies involved in fossil fuels over 12 years, the nonprofit said on Tuesday.
White House denies Trump order on biofuels program pending, markets roiled
(Reuters) -- The White House on Tuesday denied that President Donald Trump planned to issue an executive order to change the national biofuels program, after the US Renewable Fuels Association (RFA) said Trump's team had informed the group an order was pending.
Wood Group appoints new senior leadership in downstream
HOUSTON – Wood Group has appointed two senior managers to lead Downstream operations in the western region. Troy Norvell assumes leadership of The Infinity Group, which was acquired by Wood Group in December 2015. Bo Stanley will lead Wood Group’s chemical, petrochemical, refinery and industrial activities.
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