Americas
Continuous corrosion monitoring of crude overhead systems
The growing availability of light tight oils (LTOs) is resulting in a choice for refiners between upgrading metallurgy or chemical inhibition and corrosion monitoring to manage the increased corrosion risk. With tight budgetary constraints in place, many oil companies are opting for chemical inhibition and online corrosion monitoring.
API: New safety standards enhance industry equipment, operations
WASHINGTON – The American Petroleum Institute’s Global Industry Services department (API Global) released two new safety standards: API Standard 16AR—Standard for Repair and Remanufacture of Drill-through Equipment and API Standard 18LCM—Product Life Cycle Management System Requirements for the Petroleum and Natural Gas Industries.
US pipeline regulator raises penalties for safety violations
HOUSTON (Reuters) -- The US Pipeline and Hazardous Materials Safety Administration (PHMSA) on Friday said it increased the maximum civil penalties that may be imposed for violations of federal pipeline safety laws.
Phillips 66 says refineries to run at mid-90% in 2Q 2017
HOUSTON (Reuters) -- Phillips 66 expects its refineries to run in the mid-90% range of their combined capacity in the second quarter, according to a document prepared for a Friday morning conference call with Wall Street analysts to discuss first quarter earnings.
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.
- 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
