Americas
Oil prices fall for a second day on oversupply concerns
TOKYO (Reuters) — Oil fell edged lower on Tuesday, declining for a second day and sapping more strength from a Q3 rally, amid signs that a global glut in crude may not be clearing as quickly as bulls had hoped.
Emerson Global Users Exchange ’17: ‘Powering collaboration: For users, by users’
Rob Sentz, chairman of EGUE, opened the 2017 Emerson Global Users Exchange focusing on improvements being made for users to get more out of the week-long event, which will have a parallel EMEA event March 2018 in the Hague. Emerson is expanding networking opportunities by adding early morning yoga and fun runs.
Laredo to sell Permian pipeline unit stake for $825 MM
(Reuters) — Oil and gas producer Laredo Petroleum said on Monday it would sell its stake in a Permian pipeline unit for $825 MM, lower than some industry estimates and prodding the company's shares down nearly 8%.
Canada review of Trans Mountain pipeline flawed, lawyers argue
VANCOUVER/CALGARY, Alberta (Reuters) — Canada failed in its duty to consult First Nations and other groups on the Trans Mountain oil pipeline expansion, and therefore the approval of the $5.9 B project must be overturned, lawyers for project opponents argued at the launch of a judicial review on Monday.
Olin lifts force majeure for product shipments from Freeport, Texas
CLAYTON, Mo. — Olin Corporation announced that it is lifting the Force Majeure declared on Aug. 31 for all product shipments, except phenol, acetone, methyl chloride, methylene chloride and chloroform, from its Freeport, Texas facility.
Parkland completes acquisition of Chevron Canada’s downstream fuel business
CALGARY, Alberta — Parkland Fuel Corporation, Canada’s largest and one of North America’s fastest growing independent marketers of fuel and petroleum products, announced the closing of its acquisition of Chevron Canada R & M ULC which operates a downstream fuel business in British Columbia and Alberta.
Puma Energy doubles fuel distribution in Puerto Rico after hurricane
MEXICO CITY (Reuters) — Puma Energy this week doubled its fuel sales to Puerto Rico's gas stations and industrial customers, aiming to ease long lines for gasoline and diesel that have persisted since Hurricane Maria struck earlier this month, a top executive said on Friday.
Global Project Data
<i>Hydrocarbon Processing</i>’s Construction Boxscore Database is tracking more than 1,700 active downstream construction projects around the world.
Industry Perspectives: What is the future of the global HPI?
Over the past year, the world has witnessed significant downstream capacity growth in all sectors of the hydrocarbon processing industry (HPI).
Editorial Comment: HP Top Project Awards 2017
It’s that time again! <i>Hydrocarbon Processing</i> has announced the nominees for its annual Top Project awards.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
