Americas
Explorer fuel pipeline at reduced rates until at least mid-week
NEW YORK (Reuters) — Explorer Pipeline Co, which hauls fuel from the Gulf Coast to the US Midwest, said on Monday it will continue to operate at reduced rates until permanent repairs are complete on its line from Houston to Glenpool, Oklahoma.
Chevron partners with Microsoft to fuel digital transformation
SAN RAMON, Calif. — Chevron Corporation announced a seven-year partnership with Microsoft Corp. establishing the company as Chevron’s primary cloud provider, accelerating the application of advanced technologies including analytics and the Internet of Things (IoT) to drive performance and improve efficiencies.
Oil prices near 2-yr highs as supply cuts bite
LONDON (Reuters) — Oil prices steadied on Tuesday after a week of gains as the prospect of increasing US exports dampened bullish sentiment that has driven Brent to more than 2-yr highs above $60/bbl.
LyondellBasell approaches Brazil's Braskem for takeover
(Reuters) — LyondellBasell Industries NV has approached Brazil's Braskem SA for a potential takeover, valuing the petrochemicals company at more than $10 B, the Wall Street Journal reported on Monday.
CB&I awarded ethylene technology contract in India
THE WOODLANDS, Texas -- CB&I announced it has been selected by HPCL Mittal Energy Ltd. (HMEL) for the license and basic engineering of a 1,200 KTA mixed feeds ethylene plant for the Guru Gobind Singh refinery in Bathinda, India.
US oil exports boom, putting infrastructure to the test
NEW YORK/HOUSTON (Reuters) — Tankers carrying record levels of crude are leaving in droves from Texas and Louisiana ports, and more growth in the fledgling US oil export market may before long test the limits of infrastructure like pipelines, dock space and ship traffic.
Phillips 66 profit tops estimates on surge in refining margins
(Reuters) — Independent US refiner Phillips 66 on Friday posted a quarterly profit that handily beat analysts’ estimates, boosted by soaring refining margins in the aftermath of Hurricane Harvey.
Venezuela graft probe claims another top executive at oil firm PDVSA
CARACAS (Reuters) — A top executive at Venezuela's PDVSA and 10 other oil executives were arrested as part of growing graft investigations that are ridding the state energy company of much of its top brass, the OPEC member's state prosecutor said on Thursday.
US Senators from refinery states seek Trump meeting on biofuels policy
(Reuters) — Nine US senators from states that have oil refineries sent a letter to President Donald Trump on Thursday urging changes to biofuels policy and asking for a meeting to discuss the issue.
Kinder Morgan Canada appeals to regulator after permit failure
CALGARY, Alberta (Reuters) — Kinder Morgan Canada Ltd said Thursday that it has been unable to gain permits from the coastal city of Burnaby, British Columbia, for its Trans Mountain pipeline expansion and is appealing to the national regulator for construction approval.
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- Abraxas Power awards McDermott ECI contract for Canada's first green ammonia plant 7/18
- ClearSign Technologies to install 26 burners at U.S. Gulf Coast chemical facility 7/18
- Evolution in the rapid, onsite detection of microbial contamination in diesel fuel 7/18
- U.S. crude stocks fall, gasoline and distillate inventories rise 7/18
- Japanese refiners urge early orders from airlines amid jet fuel shortage 7/18
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
