Americas
Exxon to invest $20 B on US Gulf Coast refining projects
HOUSTON (Reuters) -- ExxonMobil Corp, the world's largest publicly traded oil producer, said on Monday it would invest $20 billion through 2022 to expand its chemical and oil refining plants on the US Gulf Coast.
CERAWeek ’17: IEA expects global oil demand to rise, outpace supply after 2020
HOUSTON -- Global oil demand will continue to rise in the next five years, dominated by India and Asia, the International Energy Agency said Monday, March 6, during the first day of CERAWeek in Houston.
Oil whipsaws as production seen rising, more OPEC cuts discussed
NEW YORK (Reuters) -- Oil prices whipsawed Monday, turning negative after the International Energy Agency forecast potential shale oil growth and waning European refined product demand, which bodes poorly for global efforts to remove a glut.
White House weighs US biofuels program change, no position yet -official
WASHINGTON (Reuters) -- The Trump administration is reviewing the possibility of a key change to US biofuels policy requested by oil refiners and Carl Icahn, the billionaire investor and special advisor on regulations to President Donald Trump, a White House official said on Monday.
US energy stocks, darlings last year, stumble in 2017
NEW YORK (Reuters) -- The energy sector is the stock market's dud so far in 2017 after a banner performance in 2016, and the rest of the year may also be rocky for investors due to the unclear path for crude oil prices.
Berry Petroleum emerges from bankruptcy
Berry Petroleum Company LLC emerged from bankruptcy following confirmation of its Chapter 11 plan of reorganization by the Honorable Judge David R. Jones of the US Bankruptcy Court for the District of Texas in January.
Mammoet awarded contract for polymer expansion on Texas gulf coast
ROSHARON, Texas- Mammoet has been awarded a contract by Mitsubishi Heavy Industries America, Inc. (MHIA) to support a large polymer production plant expansion project on the Gulf Coast in Texas.
Imperial continues restart after fire, flaring expected
Imperial Sarnia continues to restart units following last week’s operational issue. As a result, visible flaring is expected to continue over the next several days.
California carbon market sees weak demand for permits
SAN FRANCISCO (Reuters) -- California's carbon market generated little interest from buyers at last month's permit auction, results released showed, raising concern about the program's ability to deliver funding for projects like the state's bullet train.
Oil, biofuels groups urge US EPA deny refiner requests to tweak RFS program
NEW YORK (Reuters) -- A coalition of trade groups representing oil, biofuels and other interests pressed the US government on Thursday to deny requests to tweak the country's biofuels program, the latest in a series of political maneuvers that have roiled markets.
- 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
