Crude oil
July 4 travel likely to fall in US amid high fuel costs, reducing gasoline demand
The American Automobile Association (AAA) forecasts 39 million Americans will travel 50 miles or more from home during the Independence Day holiday weekend, a 2.5% decline from the 40 million people who traveled a year ago.
Valero acquires two Chevron product terminals in Kentucky
Valero Terminaling and Distribution Co., a subsidiary of Valero, has successfully completed the acquisition of Chevron’s product terminals in Louisville and Lexington, Ky., for an undisclosed amount.
Sunoco Logistics to buy US East Coast terminals from Sunoco, Conoco
Sunoco Logistics announced today that it has reached an agreement with former parent company Sunoco to purchase the Eagle Point tank farm and related assets, located in Westville, N.J., for approximately $100 million in deferred distribution units.
NOVA Chemicals to build new polyethylene lines in Canada, expand ethylene output
As a part of a strategy to capitalize on emerging feedstock opportunities and growing North American demand, NOVA Chemicals said it has begun feasibility and engineering work for the construction of two new polyethylene assets to be located at its sites in Alberta and Ontario.
Louisiana crude terminal will have capacity doubled
U.S. Development Group (USDG), a Houston-based developer of unit train logistics and terminal facilities, said Wednesday that it is expanding its St. James Rail Terminal (SJRT), a crude oil and condensate handling and distribution hub located in the Gulf Coast region of Louisiana.
Safety-Kleen begins work on third North America used oil re-refinery
Safety-Kleen Systems plans to move forward with preliminary engineering for its third North American used oil re-refinery, designed to further solidify the company's position as the world's leading re-refiner, it said on Wednesday.
Husky shuts Lima refinery in Ohio for repairs
Husky Energy has temporarily suspended production at its refinery in Lima, Ohio, in order to carry out repairs on a crude unit furnace, the company said on Wednesday.
IEA seeks increased cooperation with China
After a decade of high growth led to China becoming the world’s biggest energy consumer, International Energy Agency executive director Nobuo Tanaka says that closer alignment with the IEA would be of mutual benefit.
Canada issues patent for new heavy oil upgrader
Executives with Ivanhoe said that a new patent was issued in Canada related to Ivanhoe's proprietary HTL (heavy-to-light) heavy oil upgrading process. The new patent, issued in the name of Ivanhoe Energy, covers petroleum applications of the core HTL process and protects the HTL process itself as well as the upgraded products produced from the HTL process.
US refiner Sunoco expands retail fuels network into Alabama
US refiner Sunoco announced Tuesday that it has added 13 new Sunoco-branded sites to its growing network of more than 4,900 retail locations selling transportation fuels and convenience items.
- Sherwin-Williams unveils new advanced energy barrier that eliminates threat of corrosion under insulation 6/26
- SIBUR develops new polyethylene grade for beverage packaging 6/26
- IGS launches Rovex, a next-generation robotic cleaning technology for fired heater efficiency 6/26
- A comprehensive technical evaluation of polypropylene technology platforms 6/26
- Sasol and Topsoe to refocus SAF partnership as Zaffra JV prepares for wind-down 6/26
- Indonesia sets 3-month transition period for B50 biodiesel program 6/26
