Americas
Gulf Publishing Company Acquires 109-Year-Old Oildom Publishing; Creates Largest Energy Media Company Serving Upstream, Midstream, Downstream Sectors
HOUSTON – Gulf Publishing Company announced today the acquisition of Oildom Publishing Company of Texas, Inc., publisher of Pipeline & Gas Journal, to create the world’s largest independent media company devoted exclusively to the international energy industry.
Materia expands Proxima manufacturing facilities in Texas
PASADENA, Calif. – Materia Inc., a company in the development and manufacturing of catalysts and advanced polymers, is expanding its Proxima thermoset resins manufacturing capacity fivefold in Huntsville, Texas.
Brazil minister backs tariff to curb US ethanol imports
BRASILIA/SAO PAULO (Reuters) -- Agriculture Minister Blairo Maggi has asked Brazil's foreign trade council to impose tariffs on ethanol imports following a surge in shipments from the United States, an official said on Thursday, a move that could stir trade tensions with the Trump administration.
Icahn's oil refiner reports plunge in biofuels bill in Q1 2017
NEW YORK (Reuters) -- Biofuels compliance expenses for CVR Energy's refining unit fell to the lowest level in almost five years during the first quarter, the company said on Thursday, as the US government weighs an overhaul of its renewable fuels policy.
Next battleground: An aging Great Lakes pipeline stirs new protest
CALGARY, Alberta (Reuters) -- The growing protest movement against US oil and gas pipelines has so far focused on stopping or delaying new construction, with some high-profile successes.
US refiners bet on strong exports to balance market
NEW YORK (Reuters) -- US refiners have come out of maintenance season betting that big exports to Mexico and South America will help alleviate high product inventories and boost margins as the critical summer driving season nears.
Judge says Exxon owes $19.95 MM for Texas refinery pollution
(Reuters) -- A federal judge ruled on Wednesday that ExxonMobil Corp should pay a $19.95 MM penalty for pollution from its Baytown, Texas, refining and chemical plant complex between 2005 and 2013.
Republican lawmakers urge Trump to weaken Paris climate pact pledge
WASHINGTON (Reuters) -- A group of nine Republican lawmakers urged President Donald Trump to keep the United States in the 2015 Paris climate agreement but to reduce its pledge to cut greenhouse gas emissions, as Trump advisors were set on Thursday to discuss whether to leave the pact.
Maiden Bakken oil cargo to Asia ships out, with more to come
NEW YORK (Reuters) -- The first ever reported export of North Dakota's crude oil to Asia left port last month, according to a shipping document seen by Reuters on Wednesday, in what is expected to be the first of numerous cargoes once the key Dakota Access pipeline starts moving oil in May.
Marathon Petroleum posts surprise profit as pipeline unit delivers
(Reuters) -- Marathon Petroleum Corp reported a surprise quarterly profit on Thursday as the refiner earned more from its pipelines and storages business.
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