Americas
EIA: US gasoline demand hits record high in August
NEW YORK (Reuters) — US gasoline demand hit a record in August, delivering a strong end to the summer driving season, according to data released on Tuesday by the US Energy Information Administration.
Oil flat, erases gains as US crude draw shy of API report
NEW YORK (Reuters) — Oil prices were steady in see-saw trade on Wednesday, hitting their highest since mid-2015 and then retreating after US government data showed that the latest weekly draw in domestic crude stocks was not as big as an industry trade group had reported.
HollyFrontier beats profit estimate as refining margins surge
(Reuters) — US oil refiner HollyFrontier Corp reported a better-than-expected third-quarter profit, helped by higher refining margins in the aftermath of Hurricane Harvey that swept through Texas.
Venezuela Amuay refinery slop tank overflows into bay
MARACAY, Venezuela (Reuters) — A slop tank at Venezuela’s massive Amuay refinery overflowed this week and products have spilled, polluting the nearby bay and staining tankers, according to a union leader and two refinery workers.
Sustainability and innovation at AIChE annual conference
The 2017 annual meeting of the American Institute of Chemical Engineers features dozens of parallel tracks for eight days.
2018 Chem Show kicks off in the Big Apple
NEW YORK CITY — The Chem Show opened today at the Javits Center in New York City. The event, which has been held every odd year since 1915, runs from Tuesday, Oct. 31 through Thursday, Nov. 2.
Andeavor Logistics completes acquisition of Western Refining Logistics
SAN ANTONIO, TEXAS — Andeavor Logistics LP and Andeavor announced that Andeavor Logistics has completed its acquisition of Western Refining Logistics, LP in a unit-for-unit transaction and assumption of $280 MM of net debt for a total enterprise value of approximately $1.7 B, based on Andeavor Logistics' closing unit price of $45.90 on Oct. 30.
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.
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- Prax and Shell call off deal on stake in PCK Schwedt oil refinery 12/20
- Nigeria's Dangote Refinery hits 85% refining capacity 12/20
- India's BPCL buys first Argentinian crude oil cargo for Feb. delivery 12/20
- Sinopec's Zhenhai oil refinery expands capacity to 40 MMtpy 12/20
- Oil via Russia's Druzhba pipeline halted by technical problems 12/20
