Americas
OPTIMIZE ’17: Elevate, collaborate and innovate
HOUSTON -- Aspentech's user meeting kicked off Tuesday with live Irish music introducing the company’s CEO Antonio Pietri. His principal focus was a third solution portfolio—Asset Performance Management (APM)—being added to their Engineering and their Manufacturing & Supply chain solutions. Since OPTIMIZE 2015, they have spent $70 MM on acquisitions and $130 MM on internal R&D.
Oil dips on doubts over OPEC's ability to reduce inventories
LONDON (Reuters) -- Oil eased on Tuesday, paring earlier gains, as doubts about OPEC's ability to reduce global crude inventories put the price on track for its six fall in seven days.
Valero's results beat on strong demand for refined products
(Reuters) -- Valero Energy Corp reported better-than-expected results as sales in its refining business shot up 40%, helped by robust gasoline demand and declining refined product inventories in the United States.
US East Coast refiners eye Texas oil as North Dakota alternative
NEW YORK (Reuters) -- US East Coast refiners are looking to buy increasing volumes of domestic crude oil from the Gulf Coast, two sources said, the latest twist in a trade flow upheaval in the wake of the opening of the Dakota Access pipeline.
Chile oil refinery Aconcagua suspends operations after quake
Chile oil refinery Aconcagua suspends operations after quake
AFPM requests federal court to uphold EPA's RFS waiver authority
WASHINGTON -- The American Fuel & Petrochemical Manufacturers (AFPM) participated in oral arguments today in the US Court of Appeals for the D.C. Circuit in the case Americans for Clean Energy et al. v. EPA et al.
SPATCO Petroleum Solutions expands to southeast US with new facility
CHARLOTTE, N.C. -- SPATCO Petroleum Solutions, a wholly owned division of SPATCO Energy Solutions, announced the opening of a new facility in Memphis, Tennessee. The new facility is the company's third expansion in the last 18 months.
Dow releases statement on AP story regarding chlorpyrifos
MIDLAND, Mich. – Dow Chemical responded to an Associated Press story about the company reaching out to the Trump administration about certain pesticides. The company released the following statement.
Trump to set new executive orders on environment, energy this week
WASHINGTON (Reuters) -- US President Donald Trump this week will sign new executive orders before he completes his first 100 days in office, including two on energy and the environment, which would make it easier for the United States to develop energy on and offshore, a White House official said on Sunday.
Canada's Morneau sees no surprise in Trump's trade rhetoric
WASHINGTON (Reuters) -- Canadian Finance Minister Bill Morneau said on Friday there was no surprise from his perspective in US President Donald Trump's statements lashing out against trade with Canada, but that officials behind the scenes were open to discussions.
- 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
