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Americas

ExxonMobil, SABIC select location for proposed petchem project on US Gulf Coast

HOUSTON -- ExxonMobil Chemical Company and SABIC each announced the selection of a site in San Patricio County, Texas for potential development of a jointly owned petrochemical complex on the US Gulf Coast.

Hastings Equity ventures into downstream sector, acquires Specialty Welding and Turnarounds

HOUSTON -- Hastings Equity Partners, a private equity firm focused on investing in lower, middle-market energy services and equipment companies, is pleased to announce its seventh Fund III platform investment in Specialty Welding and Turnarounds, LLC.

White House meeting on Paris climate deal postponed

WASHINGTON (Reuters) -- A White House meeting that was to help determine whether the United States should withdraw from the Paris climate accord has been postponed, an administration official said on Tuesday.

Loblaw to sell gas station business for $402 MM

(Reuters) -- Canadian grocery and pharmacy retailer Loblaw Cos Ltd said on Wednesday it would sell its gas station business to asset manager Brookfield Business Partners LP for about $402.17 MM.

Petrobras opposes Brazil plan to boost biofuels after selloff

SAO PAULO (Reuters) -- Brazil's state-controlled oil company Petróleo Brasileiro SA has expressed strong opposition to a government-led program to increase the use of biofuels following its recent decision to completely withdraw from the sector.

Parkland Fuel to buy Chevron Canada's downstream fuel business

(Reuters) -- Chevron Corp, the second-largest US-based oil company, sold its Canadian gasoline stations and refinery in British Columbia to Parkland Fuel Corp, a marketer of petroleum products, for $1.09 B.

E. Coast refiner shuns Bakken delivery as Dakota Access Pipeline starts

NEW YORK (Reuters) -- Philadelphia Energy Solutions Inc, the largest refiner on the US East Coast, will not be taking any rail deliveries of North Dakota's Bakken crude oil in June, a source familiar with delivery schedules said on Tuesday—a sign that the impending start of the Dakota Access Pipeline is upending trade flows.

Sentry Equipment acquires Cobra Sampling, based in Houston

OCONOMOWOC, Wis. – Sentry Equipment, a global provider of representative sampling and analysis technologies, announced that it has acquired Cobra Sampling, Inc., a gas and liquid sampling and service provider based in Houston, Texas.

Miami electric car dealer sees opportunity in Cuban gas shortage

HAVANA (Reuters) -- An electric car dealer with a Miami subsidiary is telling Cuba-based diplomats struggling with a gasoline shortage on the Communist-run Caribbean island that they should fret no longer.

ClearSign secures follow-on order from California refinery

SEATTLE -- ClearSign Combustion Corporation, a provider of industrial combustion technologies that help to reduce emissions and improve efficiency, announced that it has secured a follow-on commercial order from a California-based refinery following Duplex technology's pilot with the company late last year.