Americas
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.
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.
- 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
