Americas
China company signs MOU with BP to supply crude to Isla refinery
Commodity trader Guangdong Zhenrong Energy Co. has signed a memorandum of understanding (MOU) with BP for commercial cooperation on an oil refinery in the Caribbean.
Pemex plans crude processing ramp-up by year-end
Mexico's state oil company Pemex plans to ramp up crude processing by the end of the year, after refining hit the lowest levels in at least five years in September following a series of plant stoppages.
BP announces investment of $30 MM in biojet producer Fulcrum
BP subsidiaries BP Ventures and Air BP businesses have created a strategic partnership with Fulcrum BioEnergy, a pioneer in the development and production of low-carbon jet fuel, in which BP will invest $30 MM.
Colonial Pipeline restarted Line 1 on Sunday
Colonial Pipeline said Line 1 began shipping gasoline between Houston and Linden, New Jersey, on Sunday morning for the first time since a deadly October 31 explosion and fire near Helena, Alabama.
Woodfibre LNG receives project funding
Pacific Oil & Gas Ltd. has authorized the funds necessary for the Woodfibre LNG Project to proceed.
Four years after rescue, Philadelphia refinery reels as investors profit
Four years after private equity firm Carlyle Group and a partner purchased Philadelphia Energy Solutions, the refinery faces another existential crisis.
Obama says US mulling alternate routes for North Dakota pipeline
President Barack Obama said the US government is examining ways to reroute an oil pipeline in North Dakota as it addresses concerns raised by Native American tribes protesting against its construction.
Enerfab to provide heat transfer equipment services
Enerfab is expanding its overall service offering to include heat transfer equipment services formerly provided by American Power Services.
EIA: US summer gasoline consumption sets new high
The consumption of US finished motor gasoline reached a new high of 9.7 MMbpd in June 2016, surpassing the previous one-month high of 9.6 MMbpd set in July 2007.
Grace to provide UNIPOL PP process technology and services at Braskem La Porte, TX facility
W. R. Grace & Co. will provide its UNIPOL PP process technology and services to Braskem America’s newest planned facility in La Porte, TX, which could begin operations in early 2019.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
