Americas
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.
Poland refiner buys another crude oil shipment from Gulf Coast
WARSAW (Reuters) — Poland’s second-largest oil refiner Grupa Lotos has bought a second crude oil shipment from the United States as part of a plan to reduce its reliance on Russian oil supplies, it said on Wednesday.
US confirms duties on Argentine, Indonesian biofuel
CHICAGO (Reuters) — The US International Trade Commission (ITC) on Tuesday made a final finding that biodiesel imports from Argentina and Indonesia harm US producers, ensuring that anti-dumping and anti-subsidy duties remain in effect for at least 5 yr.
Andeavor undeterred by Washington state panel's rail-terminal snub
HOUSTON (Reuters) — Independent US refiner Andeavor said on Tuesday it will not abandon a push to build a Pacific Coast rail-to-marine terminal despite a Washington state panel's recommendation against the project.
Oil edges further above $62, helped by expected fall in US stocks
LONDON (Reuters) — Oil edged further above $62/bbl on Tuesday, supported by strong demand, expectations of a drop in US crude inventories and an OPEC-led deal to extend oil output cuts.
Tri Delta transit to use Neste biodiesel
Tri Delta Transit, an Eastern Contra Costa County Transit Authority in California, has switched their entire fleet of transit buses from operating on petroleum diesel to using only Neste MY Renewable Diesel.
Kinder Morgan warns pipeline expansion could be further delayed
VANCOUVER/CALGARY, Alberta (Reuters) — Kinder Morgan Canada Ltd said on Monday the start-up of its Trans Mountain pipeline expansion could be delayed past September 2020 if it is unable to get more clarity around permitting and the judicial process by early next year.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
