Americas

EIA: US crude inventories fall for eighth week to Jan 2016 low

(Reuters) — US crude oil stocks last week fell for an eighth consecutive week to their lowest since January 2016, while gasoline stocks declined more than anticipated, the Energy Information Administration said on Wednesday.

Harvard researchers say Exxon misled public on climate science

NEW YORK (Reuters) — Two Harvard University researchers said in a study published on Wednesday they had collected scientific data proving ExxonMobil Corp made "explicit factual misrepresentations" in newspaper ads it purchased to convey its views on the oil industry and climate science.

Argentine biodiesel industry says US duties will halt exports

(Reuters) — Argentine biodiesel exports will be priced out of the US market, its leading industry body said, after Washington decided on Tuesday to impose steep duties on imports that it said were unfairly subsidized.

North American exodus at PetroChina sparks speculation of company shift

NEW YORK (Reuters) — A flurry of departures across the US and Canadian units of Chinese state energy firm PetroChina Co Ltd have sparked speculation that the oil trader is reducing its presence in North America, even though the company says it is committed to the region.

Energy Transfer sues Greenpeace over Dakota pipeline

(Reuters) — Energy Transfer Partners LP on Tuesday filed a lawsuit against Greenpeace and other environmental groups, accusing them of launching an "eco-terrorism" campaign aimed at blocking the Dakota Access Pipeline, the center of months of opposition by Native American and green groups.

Oil prices climb as traders eye another US crude drawdown

NEW YORK (Reuters) — Oil inched up on Tuesday, lifted by expectations of another crude stockpile drawdown in the United States but price gains were limited amid the reopening of Libya's largest oil field.

Compact Membrane Systems unveils new olefins separations technology in pilot

NEWPORT, Del. — Compact Membrane Systems (CMS) unveiled Optiperm, a membrane-based olefin paraffin separation technology, with a pilot system at the Delaware City Refining Company site in Delaware City, DE.

Wood Group awarded 5-yr maintenance contract for Phillips 66 refinery

HOUSTON — Wood Group has been awarded a 5-yr, multimillion dollar contract by Phillips 66 to provide supplemental maintenance services and support for small capital construction projects and turnarounds to the Sweeny Refinery, approximately 65 mi southwest of Houston.

At least one dead, 5 burned in eastern Mexico pipeline explosion

MEXICO CITY (Reuters) — At least one person died and five others suffered burns after a pipeline exploded during an illegal tap in the eastern Mexican state of Veracruz, state-owned oil company Pemex and state emergency services said on Saturday.

Refiner Valero's secret campaign against US biofuels mandates

(Reuters) — US biofuels regulations, which mandate mixing corn-based ethanol into gasoline, have lately drawn together a diverse cast of political opponents.