Americas
Oil steady as Irma heads for Florida, Saudi Arabia cuts supply
LONDON (Reuters) — Oil prices steadied on Friday after almost a week of sharp rises as Hurricane Irma, one of the most powerful storms in a century, drove towards Florida after tearing through the Caribbean.
TransCanada may abandon Energy East pipe facing tougher review
CALGARY, Alberta (Reuters) — TransCanada Corp seeks to suspend the application for its Energy East pipeline for 30 days and may abandon the project, the company said on Thursday, weeks after Canada’s National Energy Board (NEB) announced a tougher review process.
EPA chief says ready to further relax fuel standards due to hurricanes
WASHINGTON (Reuters) — The US Environmental Protection Agency is preparing for Hurricane Irma's landfall on the US East Coast by securing vulnerable toxic waste sites and easing gasoline standards to ensure steady fuel supplies, its chief told Reuters on Thursday.
Harvey may pinch some Gulf Coast refining, chemical projects
NEW YORK/HOUSTON (Reuters) — Oil and petrochemical plants along the US Gulf Coast intend to go ahead with plans for near record spending on expansions next year, despite Hurricane Harvey driving up labor costs and slowing work, experts said.
Police and EMTs sue Arkema over chemical plant fire after Harvey
HOUSTON (Reuters) — Police and emergency workers filed suit on Thursday against French chemicals company Arkema SA, claiming they were injured after it failed to take adequate steps to avoid a fire at its Crosby, Texas, plant after Hurricane Harvey.
California regulator approves funding for ClearSign refinery demonstration
SEATTLE — ClearSign Combustion Corporation, a provider of industrial combustion technologies that deliver reduction of pollutant emissions, announced unanimous approval for funding by the Board of the South Coast Air Quality Management District (SCAQMD) during their Sept. 1 meeting to demonstrate ClearSign's Duplex products within the Torrance Refinery.
Buckeye Partners shuts Puerto Rico oil terminal ahead of Hurricane Irma
HOUSTON (Reuters) — Buckeye Partners has shut its Yabucoa oil terminal in Puerto Rico ahead of Hurricane Irma and is preparing for the storm at two other marine terminals in Florida and the Bahamas, the company said on Wednesday.
EU to reopen biodiesel market to Argentine exporters
BRUSSELS/BUENOS AIRES (Reuters) — Argentina will regain access to the European Union's biodiesel market within three weeks after its successful World Trade Organization challenge to Europe's anti-dumping duties on the fuel.
Hurricane Irma worsens Latin America's fuel supply crunch
HOUSTON (Reuters) — Monster Hurricane Irma has shut down oil terminals across the northern Caribbean, worsening a fuel supply crunch in Latin America which is struggling to meet demand since Hurricane Harvey disrupted shipments from the US Gulf Coast last month.
UN mulls US push for N.Korea oil embargo, textile export ban
UNITED NATIONS (Reuters) — The United States wants the United Nations Security Council to impose an oil embargo on North Korea, ban the country's exports of textiles and the hiring of North Korean laborers abroad, and subject leader Kim Jong Un to an asset freeze and travel ban, according to a draft resolution seen by Reuters on Wednesday.
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