Americas
Technip, Chemetry sign cooperation agreement for EDC technology
Technip and Chemetry have signed an exclusive cooperation agreement for the licensing and engineering of Chemetry’s eShuttle technology for the production of ethylene dichloride (EDC). EDC is a commodity chemical produced worldwide and used primarily for PVC plastic production.
Linde starts up carbon dioxide plant in Texas
BRIDGEWATER, N.J. -- Linde North America announced the start-up of its new carbon dioxide (CO2) plant in Fort Worth, Texas. The 250 tpd plant is supplying CO2 for food and beverage producers, chemical manufactures as well as a variety of industrial companies in Texas.
ExxonMobil CEO is now Trump's secretary of state favorite
GRAND RAPIDS, Mich., Reuters -- ExxonMobil Corp Chief Executive Officer Rex Tillerson emerged on Friday as President-elect Donald Trump's leading candidate for US secretary of state, a senior transition official said.
Refiner Phillips 66 cuts 2017 capital budget by 25%
(Reuters) -- US independent oil refiner Phillips 66 said it lowered its capital budget for 2017 by about 25% to $2.7 billion.
Saudis order oil cuts to US, Europe before non-OPEC talks
VIENNA/SINGAPORE (Reuters) -- Saudi Arabia has told its US and European customers it will reduce oil deliveries from January as Russia signaled that a commitment from non-OPEC producers to join OPEC's output limits still faced challenges.
API CEO says he looks forward to working with Trump’s EPA administrator
WASHINGTON – API President and CEO Jack Gerard released the following statement on President-elect Donald Trump’s nomination of Oklahoma Attorney General Scott Pruitt to serve as the next administrator of the Environmental Protection Agency (EPA).
US renewable fuel credit prices drop after news of Trump's EPA pick
NEW YORK (Reuters) -- US renewable fuel credits used to comply with the country's biofuels requirements slumped on Thursday, continuing the previous session's decline on news that President-elect Donald Trump had picked a critic of environmental regulation to lead the Environmental Protection Agency (EPA).
ACC: US chemical industry continues to outpace industrial output
WASHINGTON – The business of American chemistry is strong, and getting stronger, according to the American Chemistry Council’s (ACC) “Year End 2016 Chemical Industry Situation and Outlook,” released today. Despite a contraction this year, US chemical production (excluding pharmaceuticals) is expected to realize overall growth of 1.6% in 2016, followed by 3.6% growth next year, and 4.8% in 2018.
Cheniere Energy, Inc. ends negotiations to acquire Cheniere Energy Partners LP Holdings, LLC
HOUSTON -- Cheniere Energy, Inc. announced today that it has terminated negotiations with the conflicts committee of the board of directors of Cheniere Energy Partners LP Holdings, LLC regarding Cheniere's previously announced non-binding proposal to acquire all of the publicly held shares of Cheniere Partners Holdings not already owned by Cheniere in a stock-for-stock merger transaction.
Quantum Energy Canadian refinery site under contract
Quantum Energy, Inc., announced that its wholly owned subsidiary, Dominion Energy Processing Group, Inc., has contracted for its proposed refinery site in the Stoughton, Saskatchewan area.
- 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
