Americas
U.S. crude stocks to fall further, end below year-ago levels
U.S. crude oil stocks have fallen to their lowest level this year and likely will shrink further, analysts said, as record demand, producer supply cuts, weaker futures and rising storage costs all point to increasing drawdowns.
Marathon preparing to restart Garyville, Louisiana, units
Marathon Petroleum is preparing a plan to begin restarting units at its 596,000-bpd Garyville, Louisiana, refinery.
Oil edges up on U.S. crude stockpile draw, hurricane jitters
Oil prices extended gains after U.S. government data showed tighter-than-expected crude supplies in the world's biggest fuel consumer, while a hurricane in the Gulf of Mexico kept investors on edge.
U.S. EPA waives anti-smog gasoline rules for Texas county after refinery outages
The EPA has issued an emergency waiver in El Paso County, Texas of rules governing gasoline vapor pressure linked to ozone pollution, or smog, due to a fuel supply emergency caused by unplanned outages at two refineries.
Eni, Repsol to upgrade oil-for-debt deal with Venezuela
European oil majors Eni and Repsol plan to expand an oil-for-debt deal with Venezuela under U.S. approval, aiming to supply refined products to state firm PDVSA and boost oil deliveries to Europe, three people close to the matter said.
Airswift acquires Energy Resourcing from Worley to enhance global recruitment and contractor management offering
Airswift, the global workforce solutions provider, announces its acquisition of Energy Resourcing, Worley’s global recruitment and contractor management business.
Polymers as carbon storage: Neste, LyondellBasell, Biofibre and Naftex bring bio-based polymers to the construction sector
Neste, LyondellBasell, Biofibre and Naftex have created a value chain to combine bio-based polymers with natural fiber for the manufacturing of construction elements.
Seeq announces partnership with Databricks to accelerate IT-OT data convergence across the enterprise
Seeq Corporation announced a partnership with Databricks that brings a native integration between each company’s platform to simplify access to high quality asset and process data, unify IT and OT data processing and accelerate AI/ML adoption across the industrial manufacturing, pharmaceuticals, chemicals and energy sectors.
Louisiana oil refinery fire continues to smolder, production curbed
A storage tank fire at a Marathon Petroleum oil refinery that had triggered a temporary evacuation of area residents continue to smolder.
Oil steadies as China moves to support economy, tropical storm in focus
Oil was little changed after China took steps to bolster its flagging economy, though investors remained worried about the pace of growth as well as further U.S. interest rate hikes that could dampen demand.
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
- Japan to boost intermediate chemical imports amid tighter naphtha supply 4/6
- Five EU countries call for windfall tax on energy companies 4/6
