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Oil firm as signs of higher demand outweigh worries of excess

LONDON (Reuters) — Oil prices edged higher on Friday and were on track for solid weekly gains following positive demand signals, production issues in Nigeria and a reported decline in stocks.

Meridian Energy receives water allocation draft permit recommendation for Davis refinery

BELFIELD, ND — Meridian Energy Group, Inc., a developer of innovative solutions for environmentally-compliant oil refining technology, announced the company has received the Recommended Decision for the Davis Refinery water allocation from the North Dakota State Engineer’s Office.

ClearSign receives order to qualify combustion technology for oil refinery

SEATTLE — ClearSign Combustion Corporation, a provider of industrial combustion technologies that deliver a reduction of pollutant emissions, announced that they have received a purchase order to qualify the company's Duplex combustion technology as a precursor to an installation at a super major oil refinery.

Exxon fined over explosion at La. oil refinery that injured four workers

HOUSTON (Reuters) — Exxon Mobil Corp has been fined about $165,000 by US regulators for safety lapses including inadequate training and equipment maintenance over an explosion that injured four workers at an aging Baton Rouge, Louisiana, refinery last year.

AFPM 'encouraged' by EPA proposed changes to biofuel mandates

WASHINGTON – Following the release of the 2018 Renewable Volume Obligations (RVOs) for the Renewable Fuel Standard (RFS), AFPM President and CEO Chet Thompson released the following statement:

Tide turns for sulfur-rich oil in a sea of light crude

LONDON (Reuters) — The world is awash with oil, but in pockets of the market lower-quality, sulfur-rich crude is limited and buyers are competing for cargoes.

Sempra Energy awarded $155 MM liquid fuels project in Veracruz

SAN DIEGO — Sempra Energy announced that its Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), has been awarded a 20-yr contract by the Veracruz Port Administration in Mexico to build and operate a receipt, storage and send-out liquid fuels marine terminal on the Mexican Gulf Coast.

BP ships diesel from the US to Australia in unusual move

SINGAPORE (Reuters) — Oil major BP Plc is shipping diesel from the United States to Australia in an unusual shipping flow, several industry sources told Reuters on Thursday.

US crude stockpiles drop the most since September

NEW YORK (Reuters) — US crude oil inventories last week dropped the most in ten months, falling more than expected as imports declined and refining rates rose, while gasoline stocks decreased although demand remained lackluster, the Energy Information Administration said on Wednesday.

Pipelines secured as wildfires rage in western Canada

CALGARY, Alberta (Reuters) — Major pipeline companies in western Canada created fire breaks, installed sprinklers and took other measures to protect operations as raging wildfires spread to more than 93,000 acres in British Columbia.