Americas
EIA: Canada is the largest US partner for energy trade
Canada is the largest energy trading partner of the United States. Based on the latest annual data from the US Census Bureau, energy accounted for about 5% of the value of all US exports to Canada and more than 19% of the value of all US imports from Canada in 2016.
Marathon Petroleum sells assets to its MLP for $2 B
(Reuters) -- Marathon Petroleum Corp said on Wednesday it sold some terminal, pipeline and storage assets to MPLX Inc, the master limited partnership that it spun off in 2012, for $2.02 billion.
TransCanada's $15-B US Keystone XL NAFTA suit suspended
CALGARY, Alberta (Reuters) -- TransCanada Corp has suspended a $15 billion NAFTA suit filed against the United States over the Keystone XL pipeline, the company said on Tuesday, after US President Donald Trump approved the project last month.
Buffett's Berkshire rejects fossil fuel proposal, shareholder says
(Reuters) -- Warren Buffett's Berkshire Hathaway Inc will urge shareholders to reject a proposal by a Nebraska nonprofit that it sell its investments in oil refiner Phillips 66 and other companies involved in fossil fuels over 12 years, the nonprofit said on Tuesday.
White House denies Trump order on biofuels program pending, markets roiled
(Reuters) -- The White House on Tuesday denied that President Donald Trump planned to issue an executive order to change the national biofuels program, after the US Renewable Fuels Association (RFA) said Trump's team had informed the group an order was pending.
Wood Group appoints new senior leadership in downstream
HOUSTON – Wood Group has appointed two senior managers to lead Downstream operations in the western region. Troy Norvell assumes leadership of The Infinity Group, which was acquired by Wood Group in December 2015. Bo Stanley will lead Wood Group’s chemical, petrochemical, refinery and industrial activities.
RFA: Trump to shift biofuel blending burden off refiners
(Reuters) -- The head of the Renewable Fuels Association said on Tuesday that US President Donald Trump's administration would lift the responsibility for fuel blending off refiners, which had long requested this change to the nation's biofuel program.
Enbridge and Spectra Energy complete merger
CALGARY, ALBERTA -- Enbridge Inc. announced the completion of the previously announced stock-for-stock merger transaction to acquire all of the outstanding common stock of Spectra Energy Corp.
OxyChem, Mexichem announce startup of JV ethylene cracker in Texas
INGLESIDE, Texas — Ingleside Ethylene, LLC, the 50/50 JV between Occidental Chemical Corporation, a subsidiary of Occidental Petroleum Corporation, and Mexichem, S.A.B. de C.V., announced that its ethylene cracker at OxyChem’s Ingleside, Texas, complex began operations on schedule and on budget. The ethylene cracker is currently in a production stabilization phase.
RFA, Department of Commerce host program to match US ethanol sellers, international buyers
SAN DIEGO — For the second consecutive year, the Renewable Fuels Association is partnering with the US Department of Commerce’s International Trade Administration to host an International Buyer Program (IBP) at the National Ethanol Conference. The program is designed to introduce US ethanol sellers to foreign buyers in an effort to expand US exports.
- Consortium creates world's first supply chain for the production of renewable plastics 2/6
- Valmet to deliver advanced process analytical solutions to Dow’s Path2Zero ethylene project 2/6
- Tampnet brings mission-critical connectivity to hydrocarbon processing industries 2/6
- Cheniere submits application to build massive LNG plant in Texas 2/6
- OQ and Kuwait Petroleum sign PDA for Duqm petrochemical complex project 2/6
- Phillips 66 to lay off workers as Los Angeles (U.S.) refinery shuts down 2/6
