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Americas

Explorer Pipeline fuel line from Texas to Oklahoma running at reduced rates

NEW YORK (Reuters) — Explorer Pipeline’s fuel line from Houston to Glenpool, Oklahoma, is running at reduced rates due to temporary repairs made on Oct. 24, pushing up cash gasoline prices in Midwestern markets.

Oil slips on higher US crude inventories, production

LONDON (Reuters) — Oil slipped on Thursday, pressured by an unexpected increase in US crude inventories, high US production and exports, but stayed near multi-month highs on support from tighter crude markets.

Gulf Coast refinery runs approaching pre-hurricane levels

For the week ending Oct. 20, gross inputs to petroleum refineries in the US Gulf Coast averaged 8.8 MMbpd, or about 324,000 bpd higher than the previous five-year range for mid-October, based on data in EIA’s Weekly Petroleum Status Report (WPSR).

Italy's Mossi Ghisolfi draws interest for troubled US assets

FRANKFURT/MILAN (Reuters) — Italian plastics multinational Mossi Ghisolfi has attracted interest from a series of buyers, including plastics maker Indorama, for its US assets placed under Chapter 11 restructuring, sources close to the situation said.

SNC-Lavalin signs master service agreement with Chevron

MONTREAL — SNC-Lavalin announced it has signed a master services agreement with Chevron, for systems completion support on all Chevron’s major capital projects worldwide. SNC-Lavalin strives to be Chevron’s preferred system completion provider.

Green groups pressure automakers on US fuel efficiency rules

WASHINGTON (Reuters) — The Sierra Club, Greenpeace USA and Public Citizen and other environmental and consumer advocacy groups plan to turn up the pressure on Wednesday in their campaign to stop automakers from lobbying the Trump administration to weaken fuel efficiency requirements.

Oil eases but still near four-week highs after Saudi supply pledge

LONDON (Reuters) — Oil steadied on Wednesday near a four-week high after top exporter Saudi Arabia said it was determined to end a supply glut that has been weighing on the market for 3 yr.

SUEZ to build state-of-the-art laboratory in Texas to enhance innovation for O&G

SUEZ broke ground on a new laboratory in Tomball, Texas, north of Houston, which is expected to open mid-2018. In addition to continuing the research and development (R&D) of specialty chemicals for the industrial segment, the new facility will expand to include further process innovation in the oil and gas industry, focusing on global upstream and downstream applications.

Pennsylvania governor seeks relief for local refiners from renewable fuel rule

NEW YORK (Reuters) — Pennsylvania's governor asked US President Donald Trump to ease up on the state's oil refiners by waiving a rule requiring them to add renewable fuel to their products, following a week of pressure from farm-belt politicians not to change the rule, according to a letter released to the public on Monday.

US sets antidumping duties on Argentine, Indonesian biodiesel

WASHINGTON (Reuters) — The US Commerce Department set preliminary antidumping duties on imports of biodiesel from Argentina and Indonesia, after an initial finding that the products used as motor fuel were being sold at prices below market value in the United States.