Americas
Pemex worker dies from petrochemical plant fire
In a statement, Pemex said Jaime Cisneros was badly burned by the fire, which took place in the incinerator area of Petroquimica Mexicana de Vinilo (PMV) in the Gulf state of Veracruz.
US bulk chemical exports to rise in 2016, beyond as new projects start
Recent additions have resulted in a 10-millon ton increase in bulk liquid chemicals in the last year, and by 2025, US bulk liquid chemical additions will expand by over 25 million tons, the report finds.
El Nino’s end offers hope for distillate fuel markets
Global oil refiners struggling with enormous stocks of distillate fuel oil as a result of a warm winter and the slowdown in world trade should benefit as the El Nino pattern fades.
Crude prices rise to seven-week high amid strong US gasoline demand
Strong gasoline demand in the US, and an upward revision to the country's economic growth for the fourth quarter, helped boost expectations of oil consumption.
Dow Chemical settles price-fixing case after Justice Scalia’s death
Dow agreed to pay $835 million to settle a price-fixing lawsuit, saying it had less chance to win its petition at the US Supreme Court after the death of Justice Antonin Scalia.
US refiners lose control of distillate stockpiles
US refineries have operated to maximize gasoline production, but in the process created an enormous and growing oversupply of distillate.
IHS CERAWeek: Global refiners expect margins to drop from 2015 levels
This year, the IEA has said it expects demand growth of 1.2 million bpd, down from last year's unusually high rate, as the global economy slows and new car purchases decline.
Fluor opens craft training center on US Gulf Coast
The new training center supplements Fluor’s ongoing investments in craft workforce development. Fluor currently provides no cost, after-hours training at many of its jobsites.
Shell unveils changes to leadership, downstream structure in US, Canada
The Athabasca oil sands project and the Scotford upgrader in Canada will join Shell's global downstream organization under downstream director, John Abbott.
US refiner HollyFrontier shrinks loss as costs fall
Refining has remained a bright spot during the prolonged slump in oil prices due to healthy gasoline demand, bolstering the companies that turn cheap crude into gasoline and diesel.
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- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
