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Americas

Magellan Midstream to construct Delaware Basin crude oil, condensate pipeline

TULSA, Okla. — Magellan Midstream Partners, L.P. announced it is commencing construction of a new Delaware Basin pipeline originating in Wink, Texas to handle crude oil and condensate.

Colonial Pipeline says Line 2 pipeline restarted

NEW YORK (Reuters) — Colonial Pipeline Co on Monday said it restarted one of its fuel lines shut because of Hurricane Harvey, with another line scheduled to restart on Tuesday.

US crude rises, gasoline falls as refineries restart

LONDON (Reuters) — US oil prices rose on Tuesday and gasoline fell as the gradual restart of refineries in the Gulf of Mexico that were shut by Hurricane Harvey raised demand for crude and eased fears of a fuel supply crunch.

Phillips 66 requests Jones Act waiver after Harvey

HOUSTON (Reuters) — US refiner Phillips 66 has requested a Jones Act waiver to allow it to use foreign vessels to move crude or products to and from its 260,000-bpd Alliance refinery in Louisiana after Hurricane Harvey, the company said on Sunday.

Texas edges closer to recovery after Harvey as key pipeline restarts

HOUSTON (Reuters) — The US Gulf Coast moves closer to recovery from Hurricane Harvey on Monday when the biggest American fuel system restarts a key segment shut down by devastating rains and officials weigh how to pay for billions of dollars in damage.

Evacuation lifted around Arkema's flooded Texas chemical plant

WASHINGTON (Reuters) — French chemical firm Arkema SA said an evacuation zone put in place amid fears that more flammable organic pesticides at its flooded plant in Crosby, Texas, would explode was lifted on Monday after the materials were ignited in a controlled burn.

Oil falls after Harvey floods US refineries

LONDON (Reuters) — Oil prices slipped on Friday in the wake of Hurricane Harvey, which has killed more than 40 people and brought record flooding to the oil heartland of Texas, paralyzing a quarter of the US refining industry.

EIA: Storm Harvey adds uncertainty to gas prices for Labor Day weekend

Hurricane Harvey has created considerable uncertainty for gasoline supply and prices, as the area affected by the hurricane is home to much of the nation's petroleum infrastructure. On Aug. 28, the US average retail gasoline price was $2.40/gal, the second-lowest price on the Monday before Labor Day since 2004. However, prices on that date do not yet reflect the full effects of Hurricane Harvey.

Guangxi Petrochemical revamps hydrogen unit with Honeywell UOP technology

DES PLAINES, Ill. — Honeywell announced that CNPC Guangxi Petrochemical Company has successfully converted its existing pressure swing adsorption (PSA) unit to Honeywell UOP Polybed PSA technology, enabling it to produce high-purity hydrogen.

Storm Harvey opens up rare jet fuel exports from Europe to US

LONDON (Reuters) — Traders are shipping jet fuel from Europe to the United States, where Tropical Storm Harvey has sparked concern over possible shortages of the aviation fuel.