Americas
Global diesel glut looms as refiners hike rates to meet gasoline demand
Oil refiners are shifting into high gear to provide as much gasoline as possible for fuel-hungry drivers, and that could lead to a growing diesel glut further down the road.
Analysts wonder if US gasoline consumption data may be overstated
The US consumption figures are so high that some analysts question whether the gasoline is actually being exported rather than consumed domestically.
US gasoline prices rise as demand improves
The rise in gasoline prices is partly because of a seasonal increase in demand as more people are on the road as the weather improves and the days are longer.
INEOS to buy US NGLs from Rex Energy to feed European crackers
The transportation of ethane supplies commenced in April 2016, while propane and butane supplies will start with the completion of Mariner East 2 pipeline in 2017.
API poll: High ethanol mandates worry US voters
“Across the political spectrum, voters are concerned about the significant damage the RFS mandate and higher ethanol blends could cause to automobiles, motorcycles and almost every type of gasoline powered engine,” said Frank Macchiarola, downstream group director at the API.
GPA ’16: Historic trade association changes name to GPA Midstream
GPA Midstream was selected to more clearly identify the midstream industry role that the organization has evolved into in recent years, while also keeping the equity of the three-letter GPA reference.
US crude stocks unexpectedly fall as refiners run in overdrive
The EIA report was "modestly supportive" with the jump in refinery runs and fall in imports "obvious catalysts in causing overall crude oil inventories to decline," a key analyst said.
Wood Group acquires software supplier Ingenious
Founded in 2000 by Vibhu Sharma and Bharat Kamdar, Houston-based Ingenious provides consulting and engineering services to support software sales and non-software-related services such as process engineering, design and simulation, and process safety management.
Fairfax India to invest $300MM in petrochemicals producer Sanmar
Chennai-based Sanmar, a family-owned firm chaired by N Sankar, is one of India's largest producers of polyvinyl chloride (PVC). The firm owns manufacturing facilities in India and Egypt.
Lyondell cuts Houston refinery output after fire
A large fire broke out Friday morning at LyondellBasell’s 263,776-bpd Houston refinery in Texas. It is the second major refinery fire in two days in the metro Houston area.
- Chiyoda, AVEVA forge strategic partnership to power plantOS with AVEVA CONNECT 6/27
- SABIC announces closure of Olefins 6 facility in Teesside, UK 6/27
- LyondellBasell's polyolefin technologies selected by SHCCIG Yulin for petrochemicals complex in China 6/27
- Damaged unit of Iran's South Pars refinery back operating 6/27
- hte conducts research for JGC to advance decarbonization by identifying suitable catalysts for ammonia cracking 6/26
- TES and CPC Finland to develop 500-MW e-NG project in Finland 6/26
