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Americas

India gov't favors petcoke import ban, US would be biggest loser

NEW DELHI (Reuters) — India’s government is in favor of banning imports of petroleum coke to curb air pollution, according to a government affidavit filed with its top court, which could be a big blow to US refiners who export heavily to the country.

Fuel shippers seek US review of 'excessive' Colonial Pipeline rates

NEW YORK (Reuters) — Oil major Chevron, leading refiner Valero and Delta Air Lines have complained to the US energy watchdog about fees Colonial Pipeline charges to ship gasoline, diesel and jet fuel over its fuel network, the country's largest.

Kinder Morgan Canada wins Trans Mountain pipe expansion appeal

CALGARY, Alberta (Reuters) — Canada's energy regulator ruled on Thursday in favor of Kinder Morgan Canada Ltd's appeal to sidestep some municipal permits for its Trans Mountain pipeline expansion, a major victory for the $5.8-B project.

Trump to meet US senators to discuss biofuels policy

WASHINGTON (Reuters) — US Senator Ted Cruz of Texas will lead a delegation of lawmakers in a meeting with President Donald Trump on Thursday to argue for changes to the nation's biofuels policy to protect oil refining jobs.

EIA: Monthly Midwest crude imports surpass Gulf Coast for first time

In August, monthly US imports of crude oil coming into the Midwest (Petroleum Administrative Defense District (PADD) 2) exceeded imports of crude oil into the Gulf Coast (PADD 3) for the first time since the US Energy Information Administration began keeping records in 1981.

First Mobil-branded service stations to open in Mexico

SANTIAGO DE QUERÉTARO, Mexico — ExxonMobil announced a partnership with retailer Grupo Orsan to open eight Mobil-branded service stations this week in Querétaro as part of the company’s entry in Mexico’s fuels market. ExxonMobil plans to open 50 Mobil stations in the Bajio region by the end of 1Q 2018.

Oil shrugs off US fuel supply increase

LONDON (Reuters) — Oil rose on Thursday in a sign that investors are wary of pushing the market lower in response to an unexpectedly large rise in US stocks of refined products that has increased concern about the demand outlook.

Explosion at Petroperu crude oil tank kills two workers

LIMA (Reuters) — An explosion at a Petroperu crude oil tank killed two men who had been performing maintenance work on Wednesday, the state-owned oil company said.

EIA: US crude stockpiles slump, gasoline builds more than expected

(Reuters) — US crude oil stockpiles fell more than expected last week as refineries hiked output, but gasoline and distillate inventories posted surprisingly large builds, the Energy Information Administration said on Wednesday.

US DOT drops requirement for braking system on crude rail cars

NEW YORK (Reuters) — The US Department of Transportation has reversed a decision requiring crude oil rail tank cars to be fitted with an advanced breaking system designed to prevent fiery derailments.