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Americas

Auto CEOs want Trump to order review of 2025 fuel rules

WASHINGTON (Reuters) -- The chief executives of 18 major automakers and their US units urged President Donald Trump to revisit a decision by the Obama administration to lock in vehicle fuel efficiency rules through 2025.

DuPont settles lawsuits over Teflon-making chemical leak

(Reuters) -- DuPont and Chemours Co said on Monday they had agreed to pay about $671 million in cash to settle several lawsuits related to the leak of a toxic chemical, used to make Teflon, that has been linked to cancer and other diseases.

Oil rises on signs of widespread OPEC deal compliance

LONDON (Reuters) -- Oil prices rose about $1 on Friday after reports that OPEC members delivered more than 90% of the output cuts they pledged in a landmark deal that came into force in January.

Gasoline sails away from American drivers as East Coast stocks swell

LONDON/NEW YORK (Reuters) -- Traders are preparing to export cargoes of coveted gasoline from the US East Coast after months of heavy importing and local production swamped the region.

US gasoline tax hike may dent fuel demand in oversupplied market

NEW YORK (Reuters) -- A potential increase in gasoline taxes in several US states could put a dent in demand at the pumps and mark another setback for a market already flooded with excess fuel.

Venezuela falls behind on oil-for-loan deals with China, Russia

HOUSTON/CARACAS (Reuters) -- Venezuela's state-run oil company, PDVSA, has fallen months behind on shipments of crude and fuel under oil-for-loan deals with China and Russia, according to internal company documents reviewed by Reuters.

Green Plains sees 2017 US ethanol exports around 1.1 B gallons

NEW YORK (Reuters) -- US ethanol manufacturer Green Plains Inc sees the total industry on track to export 1.1 billion or more gallons of the biofuel in 2017, even with China absent as a buyer, an executive said on Thursday.

Tribe files new legal challenge against North Dakota pipeline

(Reuters) -- A Native American tribe filed a last-ditch legal challenge on Thursday to block the $3.8 billion Dakota Access oil pipeline project after the company constructing it won federal permission to tunnel under the Missouri River.

ClearSign launches new burner for refinery, industrial applications

SEATTLE – ClearSign Combustion Corporation announced that it has launched a new burner product based on its Duplex technology for refinery and industrial process heater applications.

EIA: US export to Mexico value more than twice import value in 2016

Energy trade between Mexico and the United States has historically been driven by Mexico’s sales of crude oil to the United States and by US net exports of refined petroleum products to Mexico. Through 2014, Mexico’s exports of crude oil to the United States were the most valuable component of bilateral energy trade, with the overall value of Mexico’s US crude oil sales far exceeding the value of US net sales of petroleum products, primarily gasoline and diesel fuel, to Mexico. From 2006 through 2010, for example, the value of US energy imports from Mexico were two to three times greater than the value of US energy exports to Mexico.