Americas
Tillerson gives nod at Arctic meet to climate change action
FAIRBANKS, Alaska (Reuters) -- US Secretary of State Rex Tillerson signed an agreement recognizing the landmark Paris climate accord at a meeting of Arctic nations in Alaska on Thursday, but said President Donald Trump was not rushing to decide whether to leave or weaken US commitments to the pact.
EIA: Fuel economy improvements projected to reduce future gasoline use
Gasoline demand is a function of the fuel economy of the vehicle fleet and the total number of miles driven. Over time, fuel economy of the vehicle stock (those in use) changes as a result of market developments and changes in fuel economy standards for new vehicles. Additional complexities arise from changing vehicle designs and how vehicles are classified.
Scott Safety releases reusable single gas monitor, docking station
MONROE, N.C. -- Scott Safety introduced the Protégé SG, a reusable single gas monitor, and the MasterDock II, an expandable docking station.
Venezuela's main refining complex working at 43% of capacity
(Reuters) -- The Paraguana Refining Center, which includes Venezuela's two largest refineries, is working at 43% of its installed capacity of 955,000 bpd, according to internal reports from its operator, state-run PDVSA, seen by Reuters on Wednesday.
US customs agency withdraws Obama-proposed changes to Jones Act
WASHINGTON (Reuters) -- US Customs and Border Protection has withdrawn an Obama-era proposal to modify a law that governs shipping, which would have revoked waivers that make it easier for oil and gas operators to skirt restrictions, according to an agency bulletin published Wednesday.
Dakota Access Pipeline spilled oil 84 gal of oil in S. Dakota
NEW YORK (Reuters) -- The Dakota Access Pipeline leaked 84 gallons of crude oil at a pump station in South Dakota last month, according to state documents, just weeks before the pipeline is set to start commercial service.
Honeywell technology selected for largest petchem project in China
DES PLAINES, Ill. – Honeywell UOP announced that Zhejiang Petrochemical Co. Ltd. will use four of its Polybed pressure swing adsorption (PSA) units to supply high-purity hydrogen for its new integrated refining and petrochemical complex in Zhoushan, Zhejiang Province.
Petrobras includes Texas refinery, African assets in divestment plan
SAO PAULO (Reuters) -- Petróleo Brasileiro SA will include its Pasadena, Texas refinery and its African assets in a divestment plan, the Brazilian state-controlled oil company said in a Wednesday securities filing.
EIA: Higher US crude output to cap oil prices through 2018
NEW YORK (Reuters) -- Higher crude output from the United States should limit any upside to global oil prices through the end of 2018, the US government said on Tuesday, ahead of a meeting of major oil producers later this month to discuss extending supply cuts.
US Democratic senators seek probe into Icahn’s biofuel credit dealings
WASHINGTON (Reuters) -- Eight Democratic senators asked US regulators on Tuesday to launch an investigation into billionaire Carl Icahn’s activities in the US biofuels blending credit market, saying the activist investor may have violated trading laws since becoming an adviser to President Donald Trump.
- SAMSUNG E&A wins FEED contract for nearly $5-B SAF plant in the U.S. 12/15
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
