Americas
Grace licenses process technology to Canada Kuwait Petrochemical
COLUMBIA, Md. — W. R. Grace & Co., a supplier of polyolefin catalyst technology and polypropylene (PP) process technology, has contracted to license its UNIPOL PP Process Technology to Canada Kuwait Petrochemical Corporation (CKPC), a 50/50 JV between Pembina Pipeline Corporation of Canada and Petrochemical Industries Company K.S.C. of Kuwait.
Marathon Petroleum profit misses as refining margin falls
(Reuters) — Refiner Marathon Petroleum Corp's quarterly profit missed Street view as higher crude acquisition costs weighed on its refining and marketing margins.
Canada's top court finds aboriginals consulted on Enbridge pipeline
OTTAWA (Reuters) — Canada's top court ruled on Wednesday that aboriginals were adequately consulted on changes to an Enbridge Inc oil pipeline, dismissing an attempt to quash the national energy regulator's approval of the project.
Oil prices rise as falling US inventories stoke rebalancing hopes
LONDON (Reuters) — Oil prices rose to near eight-week highs on Wednesday, as a fall in US inventories bolstered expectations that the long-oversupplied market was moving toward balance.
Tesoro to sign agreement to supply transportation fuels in Mexico
SAN ANTONIO, TEXAS — Tesoro Corporation, to become Andeavor on Aug. 1, 2017, announced it has reached a definitive agreement that will enable the company to supply transportation fuels and launch the ARCO brand in the states of Sonora and Baja California, Mexico.
UAE buys first US oil cargo to replace Qatar condensate
SINGAPORE (Reuters) — The United Arab Emirates will import the country's first oil cargo from the United States, two sources familiar with the matter said, as the OPEC producer sought substitutes to replace Qatari condensate supplies after a diplomatic row.
Oil rallies 2% as Saudi promises to cut exports
LONDON (Reuters) — Oil rose by more than 2% on Tuesday after Saudi Arabia vowed to reduce exports from next month and OPEC called on members to boost compliance with agreed output cuts to help curb oversupply and support flagging crude prices.
Cielo advances construction of garbage-derived feedstocks to biodiesel refinery
VANCOUVER, British Columbia, Canada — Cielo Waste Solutions Corp. announced the hiring of Kwik-Fab Energy Services to dismantle the Company's demonstration plant in Red Deer, AB. and transport it 200 km south to LynCorp Manufacturing's state-of-the-art fabrication shop in Aldersyde, AB.
Cal/OSHA, Chevron reach settlement of citations appeal following 2012 Richmond refinery Fire
OAKLAND, Calif. — Cal/OSHA and Chevron have reached a settlement agreement for a comprehensive plan that will improve safety at the Chevron Richmond refinery and for surrounding communities. The agreement meets and exceeds California's landmark regulation to reduce risk at refineries, which was approved by the Occupational Safety and Health Standards Board in May and is currently pending approval by the Office of Administrative Law.
Port Corpus Christi approves 41-acre lease agreement with Howard Energy Partners
CORPUS CHRISTI, TX — The Port of Corpus Christi announced the approval of a long-term lease agreement with Maverick Terminals Corpus LLC, a subsidiary of Howard Energy Partners. The 30-yr lease agreement was approved unanimously by port commissioners for approximately 41 acres of land on the north side of the Corpus Christi Ship Channel in the Inner Harbor.
- 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
