Americas
Phillips 66 to focus on chemical, pipeline units, less on fuels - CEO
The ConocoPhillips downstream spinoff will focus on growing its chemical and midstream segments at the expense of refining due to the weak outlook for fuel demand.
Marathon agrees to limit refinery pollution in US Clean Air Act settlement
The US DoJ and EPA said Marathon Petroleum agreed to reduce air pollution from all six of the company's petroleum refineries as part of a settlement over alleged violations of the Clean Air Act. Marathon, headquartered in Findlay, Ohio, will also pay a civil penalty of $460,000. It had no immediate comment.
Huntsman to expand Texas ethylene oxide plant
The expansion will leverage Huntsman's integrated EO derivatives production to produce surfactants, ethanolamines, specialty chemicals and ethylene glycol (EG).
Shell considering gas-to-diesel plant in Louisiana
Royal Dutch Shell is considering building a giant plant in Louisiana that would convert natural gas into diesel fuel, several people familiar with the company's plans said. The Anglo-Dutch company is expected to take up to two years to develop detailed engineering plans to determine if the plant is economically viable.
US trade groups slam EPA for E15 ethanol blend, citing risk to consumers
The API and AFPM trade groups are critical of the US EPA's recent decision to approve higher levels of ethanol in gasoline (E15) before testing is complete, alleging that it could put consumers at risk. Earlier this week, the EPA approved the first applications to make E15, a 50% increase from the E10 blend.
Plains acquires Canadian NGL, LPG business of BP
BP says that the sale of its Canadian natural gas liquids (NGL) business to Plains has been completed. The business includes assets involved in the extraction, gathering, fractionation, storage, distribution and wholesale marketing of NGLs across Canada and in the Midwest US.
Air Products wins top safety improvement award from US gas group
Air Products was recognized Thursday for its improvement in occupational safety, receiving the annual Leonard Parker Pool Award from the US Compressed Gas Association (CGA) trade group. The award is based upon the total recordable incidence rates, as defined by OSHA.
PPG, Argex form technical partnership on TiO2
PPG Industries says it has entered into a technical collaboration deal with Canada's Argex Mining to utilize PPG’s existing technology and know-how relating to the manufacture of titanium dioxide pigment for paints and coatings applications. Both companies have agreed to certain terms of mutual exclusivity.
UOP to expand adsorbents, catalysts production at Alabama facility
Honeywell's UOP will invest $20 million to expand its production facility in Mobile, Ala., to produce adsorbents and catalysts. The products are often used by petrochemical producers and refiners. The expansion is expected to be completed in the fourth quarter of this year, according to the company.
Petrobras reportedly in talks to buy Manguinhos refinery in Brazil
Brazil's government-run oil company Petrobras, is in talks to buy the local privately-owned refinery Refinaria de Petroleo Manguinhos SA for at least 2 billion Brazilian reais ($1.1 billion), a local newspaper said over the weekend. Petrobras and Manguinhos officials weren't immediately reached for comment.
- IHI, Vopak to launch ammonia terminal project in Japan 7/11
- India's BPCL plans to shut Bina refinery unit for 15-day maintenance in August 7/11
- Soaring electric truck sales deal new blow to diesel use in China 7/11
- Russia`s Tatneft launches new hydrocracking unit on TANECO refinery 7/11
- IEA: Global oil market may be tighter than it looks 7/11
- India must boost its petchem output to counter China's dominance, Reliance says 7/11
