Americas
Ethanol train derails in Iowa, catches fire with no injuries reported
NEW YORK (Reuters) -- More than two dozen tank cars hauling ethanol derailed Friday morning in northwestern Iowa, causing some to catch fire and sending an unknown volume of the biofuel into a nearby creek, officials said.
CERAWeek '17: Canadian PM reiterates close US relationship
Speaking fluently in both English and French, Canadian Prime Minister Justin Trudeau wrapped up his visit to CERAWeek by IHS Markit in Houston with a press conference in which he reiterated the close relationship between the US and Canada.
API: State of Energy in Colorado event highlights state’s role in US energy renaissance
DENVER – The Colorado Petroleum Council hosted the second annual State of Energy in Colorado event in Denver to discuss the future of oil and natural gas development in Colorado with American Petroleum Institute President and CEO Jack Gerard, Governor John Hickenlooper, and Mayor Michael Hancock.
BP plans entry into Mexico's once-closed retail gasoline market
MEXICO CITY (Reuters) -- Motorists will be able to fill up their gas tanks at about 1,500 new BP service stations the oil major plans to open across Mexico over the next five years, company executives said on Thursday.
EPA chief says Congress should weigh whether carbon dioxide is a pollutant
WASHINGTON (Reuters) -- The new head of the Environmental Protection Agency said on Thursday he is not convinced that carbon dioxide from human activity is the main driver of climate change and said he wants Congress to weigh in on whether CO2 is a harmful pollutant that should be regulated.
US crude oil slumps below $50 after stocks build
LONDON (Reuters) -- Oil prices fell on Thursday, extending the biggest falls this year as record US crude inventories kept sentiment weak, pointing to a global glut despite OPEC-led supply cuts.
EIA: Midwest, Rocky Mountain regions increasingly self-sufficient in fuel production
A new study, commissioned by the US Energy Information Administration (EIA), finds that changes in North American energy markets over the past decade have strengthened the supply of transportation fuels including motor gasoline, distillates, and jet fuel in the Midwest and Rocky Mountain regions.
One of the first US refineries to be built in 40 years planned for Permian Basin
AUSTIN, Texas -- MMEX Resources Corp., a global energy company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, announced that it plans to build a $450 million, 50,000-bpd capacity crude oil refinery in the West Texas Permian Basin, subject to the receipt of required governmental permits and completion of required debt and equity financing.
CERAWeek ’17: Global gas growth spurred by emerging markets, increased trade
HOUSTON—At CERAWeek by IHS Markit’s Global Gas Plenary on Wednesday morning, panelists shared their views on how they expect gas markets to develop over the next few years.
CERAWeek '17: Gas execs, analysts discuss Asian LNG market reforms
HOUSTON—At a Wednesday morning breakfast panel discussion at CERAWeek by IHS Markit, executives from Asian and US LNG companies, as well as analysts and government strategists, spoke about the state of the Asian LNG market and how reforms should be implemented.
- Shell shuts down Singapore oil processing unit to investigate leak 12/27
- Peru declares environmental emergency after oil spill 12/27
- New York (U.S.) to fine fossil fuel companies $75 B under new climate law 12/27
- BPCL plans $11-B refinery and petrochemical project in South India 12/26
- Mexico's new Olmeca refinery operated at 17% of capacity in November 12/26
- Relevant Industrial announces acquisition of Loy Instrument Inc. 12/26
