Americas
US crude oil stocks build unexpectedly as refining slows down
NEW YORK (Reuters) -- US crude inventories rose unexpectedly last week as refineries sharply slowed production, while gasoline stocks soared amid weak demand, the Energy Information Administration said on Thursday.
China-US trade tensions high on Big Oil's worry list
DAVOS, Switzerland (Reuters) -- Oil executives and Middle East producers are concerned that trade tensions between the United States and China risk clouding the outlook for global energy demand growth and a recovery in the price of oil.
Linde Engineering North America appoints new president, CEO
HOUSTON, Texas -- Linde Engineering North America (LENA) has appointed Jason Cooper as President and CEO.
Trump's energy pick Perry regrets calling for department's elimination
WASHINGTON (Reuters) -- Rick Perry, President-elect Donald Trump's pick to run the US Energy Department, said during a Senate confirmation hearing on Thursday that global warming caused by humans is real, but that efforts to combat it should not cost American jobs.
LyondellBasell completes Corpus Christi complex expansion
HOUSTON, and LONDON -- LyondellBasell, one of the world's largest plastics, chemical and refining companies, announced completion of the 800 million pounds-per-year ethylene expansion project at the company's Corpus Christi, Texas, site.
Trump EPA pick says backs biofuels program, but open to tweaks
WASHINGTON (Reuters) -- Oklahoma Attorney General Scott Pruitt, President-elect Donald Trump's choice to lead the Environmental Protection Agency, said on Wednesday he would honor the intent of the US biofuels program, but remained open to tweaking it.
Axeon plans to shutter New Jersey asphalt refinery
NEW YORK (Reuters) -- Axeon Specialty Products plans on shutting down its 75,000-bpd asphalt refinery in Paulsboro, New Jersey, as early as this summer, according to a local politician and sources familiar with the company's plans.
US EPA denies petition to waive advanced biofuels requirements
NEW YORK (Reuters) -- US environmental regulators have denied a request from oil refiners to waive some of their advanced biofuels use requirements from 2016, in what is likely to be one of the Obama administration's final decisions on the controversial program.
Braskem starts up new US polyethylene plant
LA PORTE, Texas – Braskem, the largest thermoplastics resins producer in the Americas, announced the startup of its new UTEC Ultra High Molecular Weight Polyethylene (UHMWPE) production plant at its La Porte, Texas site. Braskem sells high-performance UHMWPE under the trade name UTEC, developed and produced through Braskem's proprietary technologies.
Additech launches diesel fuel additive test market
HOUSTON – Additech announced the pilot market testing of a newly developed additive engineered specifically for diesel fuel, Additech Diesel Guard. The pilot test will begin on Jan. 23 at eight retail locations in five states in the US that provide a cross-section of seasonal driving conditions.
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