Americas
Venezuela says to cut 95,000 bpd crude output in OPEC deal
CARACAS (Reuters) -- Venezuela said on Tuesday it will cut 95,000 bpd of oil production in the New Year in fulfillment of a producers' deal to reduce global output and strengthen prices.
ACC: US specialty chemicals markets rise during 4Q 2016
WASHINGTON – The American Chemistry Council (ACC) reported that US specialty chemicals market volumes rose 0.4% in November.
Oil gains post-Christmas ahead of OPEC, non-OPEC cuts
TOKYO (Reuters) -- US oil prices extended gains on Tuesday in post-Christmas trading, as OPEC and non-OPEC members are set to start curbing output in less than a week to support oil prices.
EPA amends risk management program for chemical facilities
WASHINGTON – The US Environmental Protection Agency (EPA) finalized a rule amending its Risk Management Program (RMP) regulations to reduce the likelihood of accidental releases at chemical facilities and improve emergency response activities when those releases occur.
US refiners cash in on Mexico's record fuel imports
NEW YORK/HOUSTON (Reuters) -- US Gulf Coast refiners are cashing in on rising fuel demand from Mexico, shipping record volumes to a southern neighbor that has failed to expand its refining network to supply a fast-growing economy.
ABS-classed VLEC loads first ethane shipment
HOUSTON -- ABS is pleased to announce that the ABS-classed Ethane Crystal, the world’s first Very Large Ethane Carrier (VLEC), has loaded its first shipment of ethane cargo at Enterprise Products Partner’s Morgan’s Point Terminal.
EIA: Crude stocks rise unexpectedly, product inventories down
(Reuters) -- US crude stocks rose last week as refineries hiked output, while gasoline stocks decreased and distillate inventories fell, the Energy Information Administration said on Wednesday.
US Energy Department offers $2B loan to Lake Charles Methanol
WASHINGTON — The US Department of Energy offered a conditional commitment to guarantee loans of up to $2 billion to Lake Charles Methanol, LLC to construct the world’s first methanol production facility to employ carbon capture technology in Lake Charles, Louisiana.
Honda begins deliveries of fuel-cell cars in southern California
(Reuters) -- Honda Motor Co Ltd said customer deliveries of its hydrogen fuel-cell car, dubbed Clarity Fuel Cell, began on Monday at select Honda dealerships across Southern California.
Praxair starts up carbon dioxide plant in Northeastern US
DANBURY, Conn., – Praxair, Inc. announced that it has started up its carbon dioxide purification and liquefaction plant at Delaware City Refining Company’s facility in Delaware City, Delaware. The 450-ton-per-day plant is producing food and beverage quality liquid carbon dioxide for distribution to the Northeastern US merchant market.
- 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
