Americas
EIA: Mexican gasoline market reforms could influence US gasoline export trends
The Mexican government is in the process of opening its gasoline and diesel markets to outside competition and replacing government-set prices with market-based prices. Last year, Mexico began allowing entities other than the state-owned company Petróleos Mexicanos (Pemex) to import gasoline and diesel and open retail stations.
Brazil's Petrobras reduces diesel and gasoline prices at refineries
SAO PAULO (Reuters) -- Brazil's state-run oil company Petroleo Brasileiro SA announced on Thursday it is reducing diesel and gasoline prices at refineries, reflecting the fall in international petroleum products prices and the appreciation of the local currency against the dollar.
Magellan Midstream says Iowa pipeline still shut after diesel spill
(Reuters) -- Magellan Midstream Partners LP said on Thursday its refined products pipeline in Worth County, Iowa, remained shut after spilling about 3,300 barrels of diesel.
Buffett's BNSF cuts ethanol shipper costs amid push for safer train cars
NEW YORK (Reuters) -- BNSF Railway Co will start offering discounts to ethanol shippers this April if they agree to use new, safer train cars, as it pushes to scrub puncture-prone ones from its rail lines at a faster pace than required by US regulations.
US gasoline stockpiles build for fourth week on weak demand
(Reuters) -- Inventories of gasoline rose sharply in the United States for the fourth straight week amid weaker-than-usual demand, while crude oil stocks were also higher, the Energy Information Administration said on Wednesday.
Oil slips on rising US inventories, awaits EIA data
LONDON (Reuters) -- Oil prices fell on Wednesday after builds in US inventories reinforced expectations that increasing shale output this year would reduce the impact of production cuts by OPEC and other major exporters.
Shell, Phillips 66 buy 6.4 MMbbl of oil from US emergency reserve
WASHINGTON (Reuters) -- Oil companies Shell and Phillips 66 together bought 6.4 MMbbl of oil last week from the Strategic Petroleum Reserve (SPR), according to a Department of Energy document released on Tuesday.
Brazil's Petrobras says investors are suing its subsidiaries in Netherlands
SAO PAULO (Reuters) -- Brazil's state-run oil company, Petroleo Brasileiro SA, said on Tuesday in a securities filing that a group of investors is suing two of its subsidiaries in a court in the Netherlands.
In Trump freeze, US agencies delay biofuels regulations affecting farm towns
NEW YORK/CHICAGO (Reuters) -- US regulators under the new presidential administration have instituted a freeze on rules key to the country's farm belt, agricultural groups said on Tuesday, heightening uncertainty for some of the regions that helped propel Donald Trump into office.
BridgeTex pipeline to expand capacity for delivery from Permian Basin to Gulf Coast
TULSA, Okla. and HOUSTON -- BridgeTex Pipeline Company, LLC, owned 50/50 by Magellan Midstream Partners, L.P. and Plains All American Pipeline, L.P., announced that it is expanding the BridgeTex pipeline's current capacity from the Permian Basin of 300,000 bpd to a new capacity of approximately 400,000 bpd.
- IRPC extends abstracts deadline following strong industry interest 4/7
- BDI signs contract with Ghent Renewables for the construction of a new biofuel feedstock pre-treatment plant 4/7
- Update: IATA airlines chief warns aviation industry falling behind on net-zero 4/7
- Improved recycling of plastic from packaging waste 4/7
- India not to raise petrol, diesel retail prices despite tax hike 4/7
- China teapot oil refiners improve run rates but demand woes, sanctions weigh 4/7
