Americas
US agency: Weak safety standards led to Exxon refinery blast
HOUSTON (Reuters) -- The US Chemical Safety Board (CSB) has concluded that a 2015 explosion at a Torrance, California, refinery then owned by Exxon Mobil Corp could have been prevented, the agency concluded in a report issued on Wednesday.
Tallgrass Energy identifies 42 projects to fuel growth
HOUSTON (Reuters) -- Tallgrass Energy Partners on Wednesday said it had identified 42 potential acquisitions or new projects totaling more than $6.1 B in investment that could fuel the midstream operator's growth.
Russia resumes oil shipments to Cuba, helps fill Venezuelan breach
HAVANA (Reuters) -- Russia has begun shipping large quantities of oil to Cuba for the first time this century, sources said, as supplies to the island from crisis-wracked Venezuela have dwindled.
Honeywell UOP installs China's largest propane dehydrogenation unit
DES PLAINES, Ill. -- Honeywell announced the commissioning and operation of the largest operating single-train propane dehydrogenation unit in China.
Oil rebounds from near 2017 lows on falling US crude stocks
LONDON (Reuters) -- Oil prices rebounded from near 2017 lows on Wednesday after preliminary data showed a much larger-than-expected fall in US crude stocks, reviving bullish sentiment about easing oversupply.
Alpek receives corporate approvals for Petrobras PTA-PET facility acquisitions
MONTERREY, Mexico – Alpek, S.A.B. de C.V. announced that it obtained all necessary corporate approvals to acquire 100% of Companhia Petroquímica de Pernambuco and Companhia Integrada Têxtil de Pernambuco from Petróleo Brasileiro S.A. for $385 MM.
Russia's Evraz to supply pipes for Kinder Morgan's pipeline expansion
(Reuters) -- Evraz Plc, Russia's No. 2 steelmaker, signed an agreement with Kinder Morgan Inc to supply about 250,000 metric t of pipe to the US pipeline company for the expansion of the Trans Mountain pipeline.
Venezuela resumes light oil shipments to Cuba
HOUSTON (Reuters) -- Venezuela resumed exports of light crude to its political ally Cuba in March after an eight-month pause that led to a production halt at the island's jointly-owned Cienfuegos refinery, according to internal data from state-run PDVSA seen by Reuters.
German minister to try to persuade US to remain in climate pact
BERLIN (Reuters) -- German Environment Minister Barbara Hendricks said on Tuesday she would seek to convince the administration of US President Donald Trump to remain part of the Paris Climate Agreement during her trip to the United States later this month.
Big short position on biofuels generated profit for Icahn's refiner
NEW YORK (Reuters) -- Carl Icahn's big bet on falling prices for biofuels credits generated a rare profit in that area last quarter for the billionaire investor's refining company CVR Energy, according to public filings.
- 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
