Americas
Saudi energy minister: Market to remain oversupplied by March 2018
BONN, Germany (Reuters) — The world will still have a surplus of oil by end-March next year, Saudi Arabia's energy minister said on Thursday, signaling a willingness to extend output cuts when OPEC meets at the end of November on whether to extend caps well into 2018.
Petrobras CEO says to discuss refining partnership with CNPC CEO
NEW YORK (Reuters) — Petrobras Chief Executive Officer Pedro Parente said he will meet this month with the CEO of China National Petroleum Corp in Brazil to discuss the details of their partnership to build a refinery complex in Rio de Janeiro.
IEA: US to account for most world oil output growth over 10 yr
BONN, Germany (Reuters) — The United States is expected to account for more than 80% of global oil production growth in the next 10 yr and it will produce 30% more gas than Russia by that time, he International Energy Agency (IEA) said on Thursday.
Study: US biofuels policy contributes to global warming
(Reuters) — US renewable fuel mandates are contributing to global warming, boosting carbon emissions as farmers turn carbon-rich areas like wetlands and forests into cropland to grow corn, soy and wheat for biofuels production, a study presented on Wednesday said.
EIA: US Crude oil, gasoline stocks up unexpectedly in latest week
(Reuters) — US crude oil and gasoline inventories grew unexpectedly last week as crude production and refining output rose, the Energy Information Administration said on Wednesday.
Start-up at Mexico's top refinery has begun, still no output
MEXICO CITY (Reuters) — Mexico’s national oil company Pemex’s biggest refinery has begun bringing plants back online following a prolonged stoppage caused by a major earthquake in September, a company spokesperson said on Tuesday.
Kinder Morgan Canada appeals again over Trans Mountain pipeline
CALGARY, Alberta (Reuters) — Kinder Morgan Canada Ltd has again appealed to the country's energy regulator, asking it to set up a process to resolve potential disagreements over local permits for its planned Trans Mountain oil pipeline expansion project.
Mexico's energy chief says plan coming to 'soften' retail fuel increases
HOUSTON (Reuters) — Mexico's finance ministry is looking at ways to "soften" the price impact of gasoline market liberalization next year, Energy Minister Pedro Joaquin Coldwell said on Tuesday following a meeting of North American energy ministers in Houston.
Honeywell UOP providing hydrotreating catalysts for ENAP refinery in Chile
DES PLAINES, Ill. — Honeywell announced that Empresa Nacional del Petroleo (ENAP) has begun using Honeywell UOP’s HYT-6219 Unity hydrotreating catalyst in conjunction with Unity hydrocracking catalysts to produce cleaner-burning diesel fuel at its Bío Bío refinery in Hualpen, Chile.
IEA: Warmer weather may tilt oil market into surplus as demand slows
LONDON (Reuters) — Global oil demand growth looks likely to increase more slowly over the coming months, as warmer temperatures cut consumption, which may tilt the market back into surplus in the first half of next year, the International Energy Agency said on Tuesday.
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