Americas
Philadelphia Energy Solutions taps its COO to lead company
NEW YORK (Reuters) -- Philadelphia Energy Solutions has tapped chief operating officer Gregory Gatta as its next chief executive officer, the refining company said on Wednesday.
Big Corn courts old foe Big Oil to combat electric car threat
SAN DIEGO (Reuters) -- A US biofuels lobbying group on Tuesday said it is seeking to work with longtime rival the oil industry to fight the threat to both from subsidies for electric vehicles.
Brazil's Braskem cuts capex after fine hits earnings
SAO PAULO (Reuters) -- Brazil's Braskem SA is trimming investments this year as it winds down spending on a new plant in Mexico and cuts back strategic new projects after a bribery settlement hammered earnings last year, according to a Wednesday securities filing.
Enterprise chooses Honeywell UOP technology for new Texas petchem plant
DES PLAINES, Ill. -- Honeywell announced that Houston-based Enterprise Products Operating LLC has chosen Honeywell UOP's C4 Oleflex technology to produce 425,000 mtpy of isobutylene, which is used to make high-octane fuel and high-performance synthetic rubbers and acrylics.
Refiner HollyFrontier reports smaller-than-expected loss
(Reuters) -- US refiner HollyFrontier Corp reported a smaller-than-expected loss as cost cuts partially offset a decline in refining margins.
Trump seeks to quell ethanol industry worry as Pruitt enters EPA
SAN DIEGO (Reuters) -- President Donald Trump on Tuesday assured ethanol industry advocates of their importance in US energy strategy in an apparent bid to quell concerns over potential changes to policies that mandate the use of such renewable fuels.
Veracity tapped by US DOE to develop next-gen network security
ALISO VIEJO, CA -- Veracity Industrial Networks, a developer of next-generation Operational Technology (OT) network cybersecurity for the industrial internet, announced that it is part of a three-company team tapped by the US Department of Energy to develop a secure networking solution that reduces cyberattacks against US industrial and utility networks.
Oil rises as OPEC aims for deeper output cuts
LONDON (Reuters) -- Oil prices rose more than $1 a barrel on Tuesday after OPEC said it was sticking to its agreement to cut production and hoped compliance with the deal would be even higher.
Gulf Oil announces new Gulf Pay mobile app
WELLESLEY HILLS, Mass. -- Gulf Oil today announced the launch of a new mobile payment application, Gulf Pay. The new offering, powered by P97's PetroZone mobile commerce platform, will enable Gulf customers to navigate to the nearest Gulf gas station, pay for fuel at the pump, and purchase products inside the convenience store utilizing mobile payment technology.
Sunoco LP announces a new, high-detergent fuel blend
DALLAS -- Sunoco Ultratech, a high-detergent fuel blend, will be available to customers starting April 1 across all grades of gasoline at every Sunoco station across the country. The introduction of Sunoco Ultratech is the company's latest effort to provide customers with the high quality fuel they've come to expect from Sunoco.
- 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
