Americas
US outlines priorities for NAFTA negotiations, API see benefits of modernization
WASHINGTON (Reuters) — The United States on Monday outlined its priorities for renegotiating the NAFTA trade agreement and said it would focus on ensuring better access for US goods exported to Canada and Mexico in order to reduce the US trade deficit.
OPEC's Ecuador says plans to gradually increase oil production
QUITO (Reuters) — OPEC member Ecuador will no longer comply with an agreed OPEC production cut due to the country's financial difficulties and plans to gradually raise its oil output, the government said on Monday.
ExxonMobil, University of Wisconsin-Madison to advance research into fuel from biomass
IRVING, Texas & MADISON, Wis. — The University of Wisconsin-Madison and ExxonMobil have announced a 2-yr renewal of an agreement to research the fundamental chemistry of converting biomass into transportation fuels. The research is part of a broad effort to identify scalable and commercially viable solutions to help meet increasing global energy demand with a renewable resource.
India BPCL makes its first US oil purchase, buys Mars, Poseidon
NEW DELHI (Reuters) — India's Bharat Petroleum Corp has made its first purchase of US oil, buying high sulfur crudes Mars and Poseidon in a tender, its head of refineries R. Ramachandran said.
US court gives environmental regulator 14-day extension on methane rule
NEW YORK (Reuters) — A US court on Thursday gave the US Environmental Protection Agency 14 extra days to comply with a July 3 order requiring the EPA to enforce rules on methane leaks in oil and gas equipment, which the agency had sought to freeze, a filing showed.
Magellan Midstream Partners pipeline ruptures in Texas
HOUSTON (Reuters) — A Magellan Midstream Partners oil pipeline leaked some 1,200 bbl of crude on Thursday, triggering the evacuation of nearby homes while cleanup operations were underway, the company said in a statement.
Oil firm as signs of higher demand outweigh worries of excess
LONDON (Reuters) — Oil prices edged higher on Friday and were on track for solid weekly gains following positive demand signals, production issues in Nigeria and a reported decline in stocks.
Meridian Energy receives water allocation draft permit recommendation for Davis refinery
BELFIELD, ND — Meridian Energy Group, Inc., a developer of innovative solutions for environmentally-compliant oil refining technology, announced the company has received the Recommended Decision for the Davis Refinery water allocation from the North Dakota State Engineer’s Office.
ClearSign receives order to qualify combustion technology for oil refinery
SEATTLE — ClearSign Combustion Corporation, a provider of industrial combustion technologies that deliver a reduction of pollutant emissions, announced that they have received a purchase order to qualify the company's Duplex combustion technology as a precursor to an installation at a super major oil refinery.
Exxon fined over explosion at La. oil refinery that injured four workers
HOUSTON (Reuters) — Exxon Mobil Corp has been fined about $165,000 by US regulators for safety lapses including inadequate training and equipment maintenance over an explosion that injured four workers at an aging Baton Rouge, Louisiana, refinery last year.
- 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
