Americas
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.
Pin Oak Terminals opens multi-product liquid marine terminal
Pin Oak Terminals, LLC opened the new multi-product liquid marine terminal at Pin Oak’s site in Mt. Airy, Louisiana. This is following key investment from Mercuria Energy Group Ltd. in the previous months.
Glencore, Chevron enter Mexico's recently opened fuel market
MEXICO CITY (Reuters) — US energy company Chevron Corp and trading firm Glencore on Thursday announced separate plans to enter Mexico's fuel market, as the long-hidebound sector begins to attract major foreign players.
US gasoline production is running near record levels
Gasoline production by US refiners and blenders has run near record levels over the first seven months of 2017, with four-week rolling average production well above its five-year average and close to the top of its five-year range. US gasoline inventories also remain relatively high despite growing domestic and foreign demand.
EIA: US crude stockpiles fall the most in nearly a year
NEW YORK (Reuters) — US crude oil inventories fell for the seventh consecutive week in their largest drawdown in nearly a year while exports and production continued to rise, the Energy Information Administration said on Wednesday.
PEMEX Fertilizantes selects Jacobs for ammonia rehabilitation project
DALLAS — Jacobs Engineering Group Inc. has been awarded a contract from PEMEX Fertilizantes to deliver project management contract (PMC) services for the Ammonia IV Rehabilitation Project in the Cosoleacaque Petrochemical Complex in Veracruz, Mexico.
- 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
