Americas
Oil markets cautious as another tropical storm heads for Gulf of Mexico
SINGAPORE (Reuters) — Oil markets opened cautiously in Asia on Friday as traders monitored a tropical storm heading for the Gulf of Mexico and as China remained closed for a week-long public holiday.
DWG Selects aeShield platform to support customers in Benelux region
GREENVILLE, South Carolina, USA — aeSolutions announced that DWG, a process, process/functional safety, electrical, automation and IT company in Rotterdam, has selected the aeShield Safety Lifecycle Management platform to support their customers in the Belgium, Netherlands and Luxemburg Regions.
PBF, Shell prep Louisiana refineries to keep running in storm
HOUSTON (Reuters) — PBF Energy and Royal Dutch Shell Plc were preparing their Louisiana refineries to keep running during Tropical Storm Nate, which is forecast to make landfall in the state on Sunday, sources familiar with plant operations said on Thursday.
Oil rises as talk of new OPEC deal trumps record US exports
LONDON (Reuters) — Oil prices rose on Thursday as signs Saudi Arabia and Russia would limit production through next year outweighed record US exports and the return of production at a major Libyan oilfield.
EIA: US crude stocks fall as exports hit new record
(Reuters) — US crude oil stocks fell sharply last week as crude exports rose to a record high of nearly 2 MMbpd, the Energy Information Administration said on Wednesday.
NuStar reopening St. Eustatius terminal after 30-day closure
HOUSTON (Reuters) — US firm NuStar Energy this week began reopening its 13-MMbbl Statia oil terminal on the Caribbean island of St. Eustatius, a month after it was closed ahead of Hurricane Irma, a company official told Reuters.
TransCanada abandons $12-B pipeline project after green push
CALGARY, Alberta (Reuters) — TransCanada Corp abandoned construction of its Energy East pipeline on Thursday, taking a $798 MM non-cash charge and handing environmental groups a major victory in efforts to hamper Canadian oil development.
Oil weak as OPEC aims to offset rising US output
LONDON (Reuters) — Oil prices fell on Wednesday, pulled down by caution that rising US crude output could scupper a rally that lasted for most of the third quarter.
Renewlogy joins Plastics-To-Fuel and Petrochemistry Alliance
WASHINGTON – The American Chemistry Council’s (ACC’s) Plastics-to-Fuel and Petrochemistry Alliance (PFPA) today announced that Renewlogy, formerly PK Clean, will become its newest member. Renewlogy, based in Salt Lake City, joins technology providers Agilyx, RES Polyflow, and Vadxx Energy in PFPA membership.
Matrix Markets auctions 4.750 MMbbl of storage capacity
HOUSTON — Matrix Markets LLC announced that 4.750 MMbbl of LOOP capacity allocation contracts (CACs) were sold during the Oct. 3 auction.
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- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
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