Americas
Trump tells manufacturers he will cut regulations, taxes
WASHINGTON (Reuters) -- US President Donald Trump met with a dozen prominent American manufacturers at the White House on Monday, promising them he would slash regulations and cut corporate taxes, but warning them of penalties if they moved production outside the country.
Trump's new EPA transition team draws from oil industry groups
WASHINGTON (Reuters) -- US President Donald Trump's administration has drawn heavily from the energy industry lobby and pro-drilling think tanks to build its landing team for the Environmental Protection Agency, according to a list of the newly introduced 10-member team seen by Reuters on Monday.
ACC: US specialty chemicals markets end fourth quarter on good note
WASHINGTON – The American Chemistry Council (ACC) reported that US specialty chemicals market volumes rose 0.3% in December. This follows an upwardly revised 0.5% gain in November. Volumes have generally been moving up since May.
Falcon Oil converts Pennsylvania locations to Gulf
WELLESLEY HILLS, Mass. -- Gulf Oil has increased its reach in Pennsylvania through an expanded relationship with Falcon Oil. With this expansion, Gulf will provide branded wet barrel supply to several of the Blakely, Pennsylvania-based company's stations throughout the region.
Oil falls as signs of US output rise overshadow OPEC-led cuts
LONDON (Reuters) -- Oil prices fell one% on Monday as signs of a strong recovery in US oil drilling activity outweighed news that OPEC and non-OPEC producers were on track to meet output reduction goals set in December.
Praxair signs hydrogen supply agreement with Marathon Petroleum
DANBURY, Conn. — Praxair, Inc. signed a long-term contract to supply hydrogen to Marathon Petroleum Corporation’s refinery in Garyville, Louisiana. The company will use the hydrogen to support an ultra-low-sulfur diesel project planned for 2018.
EIA: Hydrocarbon gas liquids a key factor in overall liquid fuel balance changes
Hydrocarbon gas liquids (HGL) — a group of products that includes ethane, propane, normal butane, isobutane, natural gasoline, and refinery olefins — have traditionally accounted for only minor changes in global liquid fuels production and consumption balances. However, HGL, and in particular ethane, is becoming a significant factor in expected year-over-year changes in global liquid fuels balances.
AFPM hosts inauguration celebration in D.C.
AFPM hosted a Presidential Inauguration Celebration in Washington D.C. on Jan. 20. on the eighth floor and balcony of 601 Pennsylvania Ave., across from the National Archives and in sight of the Capitol. Guests were treated to views of the Parade and a big screen to watch the Capitol Hill festivities.
Synthetic Genomics, ExxonMobil renew algae biofuels research agreement
LA JOLLA, Calif. -- Synthetic Genomics, Inc. and ExxonMobil announced that they have extended their agreement to conduct joint research into advanced algae biofuels after making significant progress in understanding algae genetics, growth characteristics and increasing oil production.
Magellan pipeline settles alleged Clean Water Act violations
WASHINGTON – The US Environmental Protection Agency (EPA) and the Department of Justice today announced a settlement with Magellan Pipeline Company, L.P., for alleged violations of the Clean Water Act related to gasoline, diesel and jet fuel spills in Texas City, Texas; Nemaha, Neb. and El Dorado, Kan. Magellan has agreed to complete approximately $16 million of injunctive relief across its 11,000-mile pipeline system and pay a $2 million civil penalty.
- China's Wanhua Chemical starts operation at new east China cracker 4/4
- Brookfield Infrastructure announces the acquisition of Colonial Enterprises for $9 B 4/4
- PBF restarts some units at Martinez refinery after February fire; fire-damaged units remain shut 4/4
- Japan to curb gasoline prices from June to cushion U.S. tariff blow 4/4
- Evonik presents innovative "Debonding on Demand" concept for more sustainable bonding 4/3
- Oil, gas and refined product imports exempted from Trump’s sweeping tariffs 4/3
