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Americas

Novozymes cuts jobs, says US policy, Monsanto deal pose risks

COPENHAGEN (Reuters) -- Enzymes maker Novozymes will cut 198 jobs and invest more in emerging markets, it said on Wednesday, adding it could time take to recapture past growth rates amid uncertainty over US renewable energy policy and the takeover of a key partner.

Oil price slides on prospect of rising US production

LONDON (Reuters) -- Oil prices fell on Wednesday on expectations that US producers would boost output, just as OPEC signaled that a global supply-reduction deal will shrink the oil glut this year.

Operations at Venezuela oil terminal 'recovered' after oil spill

CARACAS (Reuters) -- Shipping operations at one of three docks of Venezuela's main crude exporting port have "recovered" after a "minor" oil spill occurred over the weekend, state oil company PDVSA said on Wednesday, without saying how big the spill was.

US crude discount to Brent widens on Trump tax talk, OPEC

NEW YORK (Reuters) -- US oil prices hit their biggest discount to global benchmark Brent crude in five months on Tuesday as President-elect Donald Trump said an oil import tax plan would be too complex and as a global deal to reduce supply hits Middle East output.

Operations at Venezuelan oil terminal halted by spill

(Reuters) -- Shipping operations at one of three docks of Venezuela's main crude exporting port were halted after an oil spill occurred while loading a vessel bound for India, union and shipping sources told Reuters on Tuesday.

Neste, Bioenergy La Tuque to start R&D on utilizing forest residues in biofuel

Neste and Bioenergy La Tuque have started R&D cooperation with the objective of studying the potential of using forest residues as a raw material in biofuel production in La Tuque, Canada.

Mexico's Pemex imports first diesel cargo via train from US

MEXICO CITY (Reuters) -- Mexico's state oil company Pemex began receiving imported fuel by train at a new privately run terminal for the first time in January as companies expand storage and transportation operations under the country's energy opening, a senior executive said in an interview.

RPM acquires manufacturer of specialty chemicals for infrastructure industry

MEDINA, Ohio -- RPM International Inc. announced that it has acquired Prime Resins to be part of its USL Group. Prime Resins is a manufacturer of specialty chemicals and equipment for infrastructure construction and repair.

Fuel sales in Brazil fall for 2nd consecutive year in 2016

RIO DE JANEIRO (Reuters) -- Fuel sales in Brazil fell for the second consecutive year in 2016, the country's fuel distributors' association Sindicom said in a note on Monday.

Oil up on Saudi commitment to cut; US output seen rising

CALGARY, Alberta (Reuters) -- Oil prices were up on Monday, buoyed by Saudi commitments to reducing production, even as US output is expected to increase again this year.