Americas
Oil slips further below $56 on report of US inventory jump
LONDON (Reuters) -- Oil slipped further below $56 a barrel on Wednesday as an industry report showing a large rise in US crude inventories signaled ample supply, even as OPEC achieves record compliance with its supply-cut accord.
Chile regulator eyes refinery sanction over environmental failures
SANTIAGO (Reuters) -- Chile's environmental regulator, the SMA, said on Tuesday that it was considering sanctions of state-run energy producer ENAP after finding infractions relating to emissions and noise at its Aconcagua oil refinery.
Sprague completes purchase of Capital Terminal’s Rhode Island terminal
PORTSMOUTH, N.H. -- Sprague Resources LP announced that its wholly owned subsidiary, Sprague Operating Resources LLC, completed the purchase of Capital Terminal Company’s refined product terminal asset in East Providence, RI for $23 million in cash, plus payments for other customary items. This terminal had been leased exclusively by Sprague since April 2014 and has a combined storage capacity of just over 1 million barrels.
Judge denies tribes' request to block final link in Dakota pipeline
WASHINGTON (Reuters) -- A US federal judge on Monday denied a request by Native American tribes seeking to halt construction of the final link in the Dakota Access Pipeline, the controversial project that has sparked months of protests by activists aimed at stopping the 1,170-mile line.
Grace to license process technology to Dongguan Grand Resources, China
COLUMBIA, Md. -- W. R. Grace & Co., supplier of polyolefin catalyst technology and polypropylene (PP) process technology, contracted to license its UNIPOL PP process technology to Dongguan Grand Resource Science & Technology Co. Ltd. in the fourth quarter of 2016.
Auto CEOs want Trump to order review of 2025 fuel rules
WASHINGTON (Reuters) -- The chief executives of 18 major automakers and their US units urged President Donald Trump to revisit a decision by the Obama administration to lock in vehicle fuel efficiency rules through 2025.
DuPont settles lawsuits over Teflon-making chemical leak
(Reuters) -- DuPont and Chemours Co said on Monday they had agreed to pay about $671 million in cash to settle several lawsuits related to the leak of a toxic chemical, used to make Teflon, that has been linked to cancer and other diseases.
Oil rises on signs of widespread OPEC deal compliance
LONDON (Reuters) -- Oil prices rose about $1 on Friday after reports that OPEC members delivered more than 90% of the output cuts they pledged in a landmark deal that came into force in January.
Gasoline sails away from American drivers as East Coast stocks swell
LONDON/NEW YORK (Reuters) -- Traders are preparing to export cargoes of coveted gasoline from the US East Coast after months of heavy importing and local production swamped the region.
US gasoline tax hike may dent fuel demand in oversupplied market
NEW YORK (Reuters) -- A potential increase in gasoline taxes in several US states could put a dent in demand at the pumps and mark another setback for a market already flooded with excess fuel.
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