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Americas

MPLX completes binding open season on Wood River-to-Patoka pipeline expansion

FINDLAY, Ohio — MPLX LP announced that its subsidiary Marathon Pipe Line LLC (MPL) has completed a successful binding open season for the expansion of the Wood River-to-Patoka pipeline.

Tillerson says US could stay in Paris climate accord

WASHINGTON (Reuters) — The United States could remain in the Paris climate accord under the right conditions, Secretary of State Rex Tillerson said on Sunday, signaling a shift in tone from the Trump administration, which angered allies with its decision to pull out of the agreement.

North Korea fuel prices soar after U.N. sanctions capping supply

(Reuters) — Gasoline and diesel prices rose sharply in North Korea after its sixth nuclear test and as the U.N. Security Council imposed new sanctions capping fuel supply, market data analyzed by Reuters on Monday showed.

Oil and chemical spills from Hurricane Harvey big, but dwarfed by Katrina

NEW YORK/BOSTON (Reuters) — More than 22,000 bbl of oil, refined fuels and chemicals spilled at sites across Texas in the wake of Hurricane Harvey, along with millions of cubic feet of natural gas and hundreds of tons of other toxic substances, a Reuters review of company reports to the US Coast Guard shows.

Koch, supported by Vopak, brings first imports of ultra-low sulfur diesel to Mexico

VERACRUZ, Mexico — Koch Supply & Trading Mexico is importing its first cargo of ultra-low sulfur diesel (ULSD) into Mexico through the Port of Veracruz.

Six companies buy oil from US emergency crude reserve

WASHINGTON (Reuters) — Six companies bought 14 MMbbl of oil from the US Strategic Petroleum Reserve in a sale required by law to help fund medical research and the federal government, said the Department of Energy on Thursday.

US refiner Phillips 66 charters foreign vessel after Jones Act waiver

(Reuters) — Phillips 66 has chartered a Marshall Islands-flagged vessel, making use of a temporary waiver of the Jones Act that was put in place to meet fuel shortages in the wake of hurricanes Harvey and Irma, Argus Media reported on Thursday.

Storms worsen unprecedented summer slump in US diesel supply

NEW YORK (Reuters) — US diesel stockpiles did something this year that has never happened in the summer before: They shrank. And that was even before Hurricane Harvey landed, knocking out a quarter of US refining capacity, crippling production of fuel products.

EIA: Global use of liquid fuels to grow by nearly a fifth by 2040

NEW YORK (Reuters) — Global use of petroleum and other liquid fuels will grow by nearly a fifth by 2040, driven by the transportation and industrial sectors, the US government said on Thursday.

Magellan Midstream, Valero form JV to expand Pasadena marine terminal

TULSA, Okla. and SAN ANTONIO — Magellan Midstream Partners, L.P. and Valero Energy Corporation announced the expansion and joint development of the marine storage facility currently under construction along the Houston Ship Channel in Pasadena, Texas.