Americas
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.
Trump administration, states headed for showdown over fuel rules
WASHINGTON (Reuters) — The Trump administration and major US states appear to be headed for a showdown over landmark rules aimed at doubling the fuel efficiency of vehicles sold in the United States.
Magellan Midstream to expand Texas refined petroleum products pipeline system
TULSA, Okla. — Magellan Midstream Partners, L.P. announced plans to expand its refined petroleum products pipeline system to handle incremental demand for transportation of gasoline, diesel fuel and jet fuel to central and north Texas markets.
Secure Energy developing feeder pipeline system, terminal
CALGARY — Secure Energy Services Inc. announced further growth of its midstream infrastructure through the construction of a light oil feeder pipeline system and receipt terminal in the Kindersley-Kerrobert region of Saskatchewan.
Amec Foster Wheeler awarded EPC contract for methanol plant
LONDON — Amec Foster Wheeler has been awarded a $604 MM engineering, procurement and construction (EPC) fixed price contract for part of a $1.85 B methanol plant being developed by Yuhuang Chemical Inc (YCI), a US-based subsidiary of China's Shandong Yuhuang Chemical Company Co. Ltd.
Oil up after Harvey fallout, but Hurricane Irma heads to Caribbean
LONDON (Reuters) — Oil prices rose on Wednesday as strong global refining margins and the reopening of US Gulf Coast refineries provided a more bullish outlook after sharp drops due to Storm Harvey.
Florida braces for second fuel supply hit as Hurricane Irma approaches
(Reuters) — Fuel distributors and traders in Florida braced for a second supply shock as Hurricane Irma barreled toward the state on the heels of disruptions from Hurricane Harvey in Texas.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
