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Americas

Parkland completes acquisition of Chevron Canada’s downstream fuel business

CALGARY, Alberta — Parkland Fuel Corporation, Canada’s largest and one of North America’s fastest growing independent marketers of fuel and petroleum products, announced the closing of its acquisition of Chevron Canada R & M ULC which operates a downstream fuel business in British Columbia and Alberta.

Puma Energy doubles fuel distribution in Puerto Rico after hurricane

MEXICO CITY (Reuters) — Puma Energy this week doubled its fuel sales to Puerto Rico's gas stations and industrial customers, aiming to ease long lines for gasoline and diesel that have persisted since Hurricane Maria struck earlier this month, a top executive said on Friday.

WorleyParsons Colombia awarded MSA for Ecopetrol

WorleyParsons Colombia has been awarded a 4-yr master services agreement (MSA) for engineering services for Ecopetrol.

API: US petroleum demand last month highest for August since 2007

WASHINGTON — Total petroleum deliveries in August moved up by 1.3% from August 2016 to average 20.5 MMpbd, a report by the America Petroleum Institute (API) said. These were the highest August deliveries in 10 yr, since 2007. Compared with July, total domestic petroleum deliveries, a measure of US petroleum demand, decreased 0.6%. For year-to-date, total domestic petroleum deliveries moved up 1.3% compared to the same period last year.

Fuel imports, distribution in Puerto Rico starts to unclog

(Reuters) — Shipments of gasoline and diesel into Puerto Rico have resumed after Hurricane Maria, with ports restarting operations, though there were still long fuel lines around the island on Thursday, according to traders and Thomson Reuters tracking data.

Brazil's Petrobras board approves listing fuel distribution arm

SAO PAULO (Reuters) — The board of Brazilian state-controlled oil company Petróleo Brasileiro SA voted to list its fuel distribution unit on the São Paulo Stock Exchange, according to a securities filing on Thursday.

Chevron taps Mike Wirth to be next CEO as Watson retires

HOUSTON (Reuters) — Chevron Corp Vice Chairman Mike Wirth will become chief executive next February, replacing the retiring John Watson, the oil and natural gas producer said on Thursday.

Pembina Pipeline adding infrastructure, increasing Phase V pipeline expansion

CALGARY — Pembina Pipeline Corporation announced that in order to accommodate incremental volume commitments from customers, the Company is adding additional infrastructure and increasing operational flexibilities to its previously announced Phase V pipeline expansion (Phase V), which included a 20-in pipeline from Lator to Fox Creek, Alberta.

US fuel exports recover after Harvey, offering buyers respite

LONDON/HOUSTON (Reuters) — Fuel exports from the US Gulf Coast have surged as refineries recover from weeks of disruptions due to Hurricane Harvey, offering respite to buyers in Latin America and Europe.

EPA mulls counting ethanol exports against mandates

(Reuters) — The Environmental Protection Agency is considering a change to US biofuels policy that would allow exports of ethanol to count toward the country’s annual biofuels volumes mandates, two sources familiar with the matter told Reuters on Wednesday.