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Americas

India's HPCL makes its first US oil purchase

NEW DELHI (Reuters) — Indian state refiner Hindustan Petroleum Corp has made its first purchase of US oil, buying high sulfur crude Mars in a tender, company chairman M. K. Surana said on Monday.

Elliott group receives SIL 3 safety certification

JEANNETTE, PA — Elliott Group, a global provider of rotating equipment for the oil & gas, power generation, and process industries, announced that its Pneumatic Trip System, with or without partial stroke actuation, has received the IEC 61508 SIL 3 Capable safety certification.

Enterprise: US oil exports to meet 5% of non-US global demand by 2022

SINGAPORE (Reuters) — Crude oil exports from the United States will increase to meet 5% of global demand by 2022, as refiners seek more low-sulfur crude to meet stricter rules for cleaner fuels, an executive from Enterprise Partners LP said on Monday.

New project for AXION Energy in Argentina

The project involves the Detail Engineering for the expansion of the Catalytic Cracking Unit at the refinery that Techint E&C has in Campana.

EPA approves emergency fuel waiver for Florida

WASHINGTON — US Environmental Protection Agency (EPA) Administrator Scott Pruitt approved a request from Florida Governor Rick Scott for an emergency fuel waiver in order to ensure an adequate supply of diesel fuel across the state for ongoing response efforts to Hurricane Irma.

Secretary of Energy announces integrated biorefinery optimization projects

WASHINGTON, D.C. — US Secretary of Energy Rick Perry announced that the Department of Energy (DOE) has selected eight projects to negotiate for up to $15 MM in total DOE funding to optimize integrated biorefineries.

ExxonMobil Baytown, Beaumont refineries begin fuels production

IRVING, Texas — ExxonMobil said that its Baytown and Beaumont refineries have begun producing fuels at reduced rates and that crude oil and refined product pipelines in the Gulf and other regions of Texas have restarted as recovery continues from Hurricane Harvey.

Venezuelans face growing queues to buy gasoline

PUERTO ORDAZ, Venezuela (Reuters) — Venezuelan drivers are facing growing queues to buy gasoline despite having the world's largest oil reserves, adding to the OPEC country's woes as its refineries sputter and its socialist economic system crumbles.

Phillips 66 to sell assets to MLP in $2.4-B deal

(Reuters) — Phillips 66 Partners LP, the master limited partnership (MLP) of Phillips 66, said it would buy assets from the refiner in a deal valued at $2.4 B, including debt, in its biggest acquisition ever.

OPEC says winning battle to curb oil glut

VIENNA (Reuters) — OPEC and other oil producers are clearing a glut that has weighed on crude prices for three years and may wait until January before deciding whether to extend their output curbs beyond the first quarter of 2018, ministers said on Friday.