Americas
Oil to keep flowing in Dakota line while legal battle continues
WASHINGTON (Reuters) — Oil will continue to flow through the Dakota Access Pipeline through the summer while authorities conduct additional review of the environmental impact, after a judge on Wednesday ordered more hearings in coming months.
Dow, 1QBit announce collaboration agreement on quantum computing
MIDLAND, Mich. — The Dow Chemical Company and 1QB Information Technologies (1QBit) announced a collaboration agreement to develop quantum computing tools for the chemicals and materials science technology spaces. The two companies will accelerate the deployment of quantum computing across a range of applications relevant to the chemical sector.
HUG ’17: Honeywell connects processes, assets and people
SAN ANTONIO, Texas — Honeywell Process Solutions (HPS) presented in depth their “Connected Plant” strategy and offerings during the second day of the Honeywell Users Group Meeting 2017. Key to differentiating this solution suite is how their branding covers three domains: Connected Process … Connected Assets … Connected People.”
Oil headed for weakest first-half performance in two decades
LONDON (Reuters) — Oil was mostly flat on Wednesday, after paring earlier losses, but was set for its biggest price drop in the first half of the year since 1997, a sign that investors are discounting evidence that major producers are sticking to a deal to cut output.
Deployment of digital infrastructure in chemical plants transforms industry
SANTA CLARA, Calif. — The manufacturing approach in the chemicals industry is rapidly changing to meet increasing demand for customized and specialty products over commodity chemicals.
Honeywell introduces real-time SCADA as a secure and scalable service
SAN ANTONIO, Texas — Honeywell Process Solutions (HPS) announced the launch of Experion Elevate, a real-time process supervisory control and data acquisition (SCADA) solution delivered as a secure and scalable service.
EIA: Growing octane needs widen price difference between premium, regular gasoline
The difference between US average retail prices for premium and regular gasoline reached 50 cents/gal in late 2016, and it has remained near that level so far in 2017. This price difference, or spread, has been generally increasing since 2000. Many factors on both the supply and demand sides are influencing this trend.
Report: Oil firms could waste trillions if climate targets reached
LONDON (Reuters) — Energy giants including ExxonMobil and Royal Dutch Shell risk wasting more than a third of their budgets on projects that will not be needed if climate targets are to be met, a thinktank report shows.
ExxonMobil, Synthetic Genomics report breakthrough in algae biofuel research
IRVING, Texas & LA JOLLA, Calif — ExxonMobil and Synthetic Genomics Inc. announced a breakthrough in joint research into advanced biofuels involving the modification of an algae strain that more than doubled its oil content without significantly inhibiting the strain’s growth.
Kirby signs agreement to purchase inland tank barges, towboats
HOUSTON — Kirby Corporation announced the signing of an agreement to purchase certain inland marine assets from an undisclosed competitor for $68 MM.
- Indonesia's Pertamina merges refinery and logistic units 2/5
- Baker Hughes to provide downstream chemicals for Marathon Petroleum refineries, becoming preferred provider across North America 2/5
- About 2 MMbbls of Venezuelan oil being shipped to Spain's Repsol for refining 2/5
- Aster to complete Singapore refinery expansion, berth works in 2H 2026 2/5
- India exports first fuel to Europe since ban on Russian crude-derived products 2/5
- Indonesia discussing oil refinery plan with India's Essar Group 2/5
