Americas
LanzaTech awarded $4 MM from DOE for low carbon facility
CHICAGO, IL -- Carbon recycling company, LanzaTech has been selected by the Department of Energy’s Bioenergy Technologies Office (BETO) to receive a $4 million award to design and plan a demonstration-scale facility using industrial off gases to produce 3 MMgpy of low carbon jet and diesel fuels.
5th Circuit enforces six-month time limit on OSHA violations
(Reuters) -- A federal appeals court overturned workplace safety sanctions against a Texas oil refinery, ruling that the Occupational Safety and Health Administration cannot penalize employers for violations of a chemical safety rule that happened more than six months earlier.
US refiners face severe labor shortage for deferred maintenance
(Reuters) -- After years of running flat out, US Gulf Coast refiners are lining up repairs to plants in 2017 -- but facing a severe labor shortage that could delay work, drive up costs and raise accident risks.
World Fuel becomes exclusive supplier at Sunoco Texas terminal
World Fuel Services (WFS) is pleased to announce that it will be the exclusive supplier of marine fuel at the Sunoco Logistics Nederland Terminal in Texas, starting in March 2017. WFS will supply both RMG 380 and MGO 0.1% Sulfur. Both options will be available ‘ex-pipe’ and can be delivered to the vessel simultaneously while loading and discharging cargo.
Fluor awarded refinery project in Chile
IRVING, Texas – Fluor Corporation announced that it was awarded a contract by Empresa Nacional del Petróleo for the engineering, procurement and construction of a new process unit at its Biobío refinery in Chile. Fluor booked the undisclosed contract value in the fourth quarter of 2016.
Air Liquide commissions world’s largest hydrogen storage facility
Air Liquide has recently commissioned the largest hydrogen storage facility in the world, an underground cavern in Beaumont, Texas, in the Gulf Coast region of the US.
Marathon Petroleum explores spin-off for retail business Speedway
(Reuters) -- Marathon Petroleum Corp announced a series of steps to increase its stock price, including the possible separation of its Speedway retail business, amid pressure from hedge fund Elliott Management.
Refiner Delek to buy rest of Alon USA for $464 MM
(Reuters) -- Refiner Delek US Holdings Inc said it had agreed to buy the shares of Alon USA Energy Inc it does not already own for $464 million to increase its exposure to cheap crude produced in Texas's prolific Permian basin.
NuStar bolsters services at Port Corpus Christi with $93-MM acquisition
CORPUS CHRISTI, Texas – In an asset purchase, which closed Dec. 21, NuStar Energy L.P. added throughput capacity at its Port of Corpus Christi facilities, now capable of handling over 200 MMbpy.
Oil business seen in strong position as Trump tackles tax reform
WASHINGTON (Reuters) -- Big Oil could be in a unique position to protect its interests against a Republican proposal to tax imports, given that President-elect Donald Trump's cabinet is studded with oil champions sensitive to the risk of higher gasoline prices.
- Brazil's Petrobras raises jet fuel prices by around 7% in key markets 1/3
- Venezuela's 2024 oil exports climb 10.5% amid political turmoil, refinery outages 1/3
- Russian court tells Yandex to hide images of oil refinery after Ukrainian attacks 1/3
- Singapore's Dec. jet fuel imports hit multi-year high on India, S. Korea supply 1/3
- Palm oil ends with more than 5% weekly losses 1/3
- Fire extinguished at Valero's Three Rivers refinery on New Year's Day 1/2
