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Americas

Latin America looks to Venezuelan fuel cargoes as Harvey swamps US

HOUSTON (Reuters) — After Hurricane Harvey roared into Texas, flooding oil refineries and crippling ports along US Gulf Coast, Latin American countries scouring the globe for other sources of fuel are zeroing in on a flotilla waiting to unload off the coast of Venezuela.

Retail US gasoline prices surge as Harvey keeps refiners shut

HOUSTON/NEW YORK (Reuters) — Retail US gasoline prices hit two-year highs and global shipping routes were scrambled as the nation's largest refiners remained shut on Friday, even as Storm Harvey lost strength.

Largest US refinery may be shut up to two weeks

HOUSTON (Reuters) — Motiva Enterprises' Port Arthur, Texas refinery, the nation's largest, may be shut as long as two weeks for assessment of the plant and repair of any damage, sources familiar with plant operations said on Thursday.

New Canada hearings for Kinder Morgan pipeline expansion route

CALGARY, Alberta (Reuters) — Canada's National Energy Board (NEB) will hold a series of public hearings beginning this year to determine the route for Kinder Morgan Inc's Trans Mountain pipeline expansion, the regulator said on Thursday.

Corpus Christi's storm-ravaged energy industry begins slow recovery

HOUSTON (Reuters) — Oil refiners and port facilities in Corpus Christi, Texas, were making strides resuming operations from Hurricane Harvey, but Houston and other Gulf Coast energy hubs remained flooded, officials said on Thursday.

More fires expected after blast at Arkema's flooded Texas plant

CROSBY, Texas (Reuters) — Chemical maker Arkema SA said it expected more fires after two explosions hit its flooded plant 25 mi northeast of Houston on Thursday, sickening more than a dozen law enforcement personnel and prompting an evacuation of the surrounding area.

EIA: US crude inventories fall for eighth week to Jan 2016 low

(Reuters) — US crude oil stocks last week fell for an eighth consecutive week to their lowest since January 2016, while gasoline stocks declined more than anticipated, the Energy Information Administration said on Wednesday.

Harvard researchers say Exxon misled public on climate science

NEW YORK (Reuters) — Two Harvard University researchers said in a study published on Wednesday they had collected scientific data proving ExxonMobil Corp made "explicit factual misrepresentations" in newspaper ads it purchased to convey its views on the oil industry and climate science.

Argentine biodiesel industry says US duties will halt exports

(Reuters) — Argentine biodiesel exports will be priced out of the US market, its leading industry body said, after Washington decided on Tuesday to impose steep duties on imports that it said were unfairly subsidized.

North American exodus at PetroChina sparks speculation of company shift

NEW YORK (Reuters) — A flurry of departures across the US and Canadian units of Chinese state energy firm PetroChina Co Ltd have sparked speculation that the oil trader is reducing its presence in North America, even though the company says it is committed to the region.