Americas
Gasoline sails away from American drivers as East Coast stocks swell
LONDON/NEW YORK (Reuters) -- Traders are preparing to export cargoes of coveted gasoline from the US East Coast after months of heavy importing and local production swamped the region.
US gasoline tax hike may dent fuel demand in oversupplied market
NEW YORK (Reuters) -- A potential increase in gasoline taxes in several US states could put a dent in demand at the pumps and mark another setback for a market already flooded with excess fuel.
Venezuela falls behind on oil-for-loan deals with China, Russia
HOUSTON/CARACAS (Reuters) -- Venezuela's state-run oil company, PDVSA, has fallen months behind on shipments of crude and fuel under oil-for-loan deals with China and Russia, according to internal company documents reviewed by Reuters.
Green Plains sees 2017 US ethanol exports around 1.1 B gallons
NEW YORK (Reuters) -- US ethanol manufacturer Green Plains Inc sees the total industry on track to export 1.1 billion or more gallons of the biofuel in 2017, even with China absent as a buyer, an executive said on Thursday.
Tribe files new legal challenge against North Dakota pipeline
(Reuters) -- A Native American tribe filed a last-ditch legal challenge on Thursday to block the $3.8 billion Dakota Access oil pipeline project after the company constructing it won federal permission to tunnel under the Missouri River.
ClearSign launches new burner for refinery, industrial applications
SEATTLE – ClearSign Combustion Corporation announced that it has launched a new burner product based on its Duplex technology for refinery and industrial process heater applications.
EIA: US export to Mexico value more than twice import value in 2016
Energy trade between Mexico and the United States has historically been driven by Mexico’s sales of crude oil to the United States and by US net exports of refined petroleum products to Mexico. Through 2014, Mexico’s exports of crude oil to the United States were the most valuable component of bilateral energy trade, with the overall value of Mexico’s US crude oil sales far exceeding the value of US net sales of petroleum products, primarily gasoline and diesel fuel, to Mexico. From 2006 through 2010, for example, the value of US energy imports from Mexico were two to three times greater than the value of US energy exports to Mexico.
US refiners give mixed reviews of GOP-backed border tax plan
NEW YORK (Reuters) -- US independent refiners like Phillips and Valero have offered mixed support for Republican efforts to boost American jobs and products, expressing concerns about how a border tax on imports could upend the energy ecosystem.
WorleyParsons awarded Chevron EPCM and fabrication contract
WorleyParsons has been selected to provide engineering, procurement, construction management and fabrication services for Chevron’s Salt Lake Refinery Retrofit Project in Salt Lake City, Utah.
RFA: Net US ethanol exports reached 1.01-B gallons in 2016, a record high
WASHINGTON — Net exports of ethanol from the United States set a new record of 1.01 billion gallons in 2016, according to a new eight-page summary of 2016 ethanol trade data published by the Renewable Fuels Association (RFA).
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