Americas
All eyes on July for US oil demand to drain glut
NEW YORK (Reuters) — US oil traders are hoping the sweltering days of July are also hot ones for demand, believing the new month is the last best opportunity this year to see the overhang of inventories finally subside.
Enhanced flash zone design for coker fractionators
Since the flash zone is the first process undergone by the coke drum effluent vapor upon entering the column, the operation of the flash zone is critical to the operation of the entire coker fractionator column.
Could your facility benefit from a marine terminal assessment?
How sure would a terminal manager at a distribution terminal, or a line manager at a refinery or a chemical plant that has marine loading and unloading docks, be that those docks are being operated at a level that ensures long-term safe performance?
Petrobras to review diesel, gasoline prices more frequently
SAO PAULO (Reuters) — Brazilian state-controlled oil company Petróleo Brasileiro SA on Friday announced it will review diesel and gasoline prices more frequently, potentially even on a daily basis.
Trump seeks to project global power through energy exports
WASHINGTON (Reuters) — President Donald Trump on Thursday promoted a "golden era" of the US energy business by seeking to assert power abroad through a boost in natural gas, coal and petroleum exports.
Asia demand for US, Atlantic Basin oil set to jump as buyers prep for winter
SINGAPORE (Reuters) — Asian demand for crude oil from the Atlantic Basin and the Americas is set to rise as low prices drive Japanese and South Korean buyers to snap up cargoes to arrive ahead of peak winter consumption.
Takeover target Amec to retain European nuclear business
(Reuters) — Oil services company Amec Foster Wheeler Plc, which is being bought by peer John Wood Group Plc, said on Thursday it had decided to retain its European nuclear unit and sell its North American business.
Oil prices edge up to two-week high on dip in US output
NEW YORK (Reuters) — Oil futures edged up less than 1% after hitting a two-week high on Thursday, extending a rally into a sixth straight session after a decline in weekly US crude production temporarily alleviated concerns about deepening oversupply.
EPA awards $1-MM grant for petroleum contamination in Mississippi
ATLANTA – The US Environmental Protection Agency (EPA) awarded a $1,094,000 grant to the Mississippi Department of Environmental Quality (MDEQ) to assist the state in cleaning up petroleum contamination from leaking underground storage tanks throughout the state.
US thirst for European gasoline stalls, casting shadow on demand
LONDON (Reuters) — Europe's steady exports of gasoline to the United States have slowed substantially this year as tanks filled in the world's largest consumer nation and once-meteoric demand growth slowed.
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