Americas
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.
ACC: US resin production down slightly, sales up in January
WASHINGTON, DC – US production of major plastic resins totaled 6.8 billion pounds during January 2017, a decrease of 0.9 percent compared to the same month in 2016, according to statistics released today by the American Chemistry Council (ACC).
A reusable sponge could ‘revolutionize’ oil spill, diesel cleanup
CHICAGO -- Scientists at the US Department of Energy's Argonne National Laboratory have invented a new foam, called Oleo Sponge, that can be used to clean up oil and diesel spills in water. The material not only quickly adsorbs oil from water, but also is reusable and can pull dispersed oil from the entire water column—not just the surface.
Watchdog to ask US lawmakers to probe Icahn's role with Trump
(Reuters) -- A government watchdog group, Public Citizen, said on Wednesday it has asked lawmakers to investigate whether billionaire investor Carl Icahn should have been subject to lobbying disclosure laws when he advised President Donald Trump to overhaul the US biofuels program.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
