Americas
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.
Canada set to agree on carbon price, marking climate split with Trump
OTTAWA (Reuters) -- Canada's government and 10 provinces are set to agree a national carbon price on Friday, doubling down on a bid to cut greenhouse gas emissions just weeks before avowed climate change skeptic Donald Trump becomes US President.
Trump to nominate Pruitt to lead US environmental agency
WASHINGTON (Reuters) -- US President-elect Donald Trump will nominate Oklahoma Attorney General Scott Pruitt, a critic of federal environmental regulation, to lead the Environmental Protection Agency, his transition team said on Thursday.
CLG’s biofuels technology fuels US Navy test flight
RICHMOND, CA – Chevron Lummus Global (CLG) announced the deployment of its Biofuels ISOCONVERSION technology in a US Navy test flight. The US Navy EA-18G Green Growler test flight recently took place at the Naval Air Station Patuxent River, Maryland, and used ReadiJet (CHCJ-5) technology for fuel—a product derived from CLG’s Biofuels ISOCONVERSION process.
EIA: US crude draws down, products build as refiners ramp up
(Reuters) -- US crude stockpiles fell last week despite a hefty build at the Cushing, Oklahoma hub while gasoline and distillate inventories rose as refining rates picked up, the US Energy Information Administration said on Wednesday.
McKinsey report forecasts global refining capacity growth to exceed demand until 2020
LONDON, UK -- McKinsey Energy Insights (MEI), the data and analytics specialist that provides distinctive insight and support to the global energy industry, forecasts that until 2020, global refining will move towards lower utilization and margins as capacity growth exceeds demand. Post-2020 market conditions are expected to improve with higher demand for distillates due to marine pollution (MARPOL) regulations.
- Ineos to invest £150 MM at Grangemouth site 12/17
- KBR’s methanol technology selected by Fikrat Al-Tadweer for the first biomethanol plant in Saudi Arabia 12/17
- Digital Exclusive: Root cause analysis on hydrochloric acid corrosion in a diesel hydrotreater unit 12/16
- Digital Feature: Enabling growth through strategic cost optimization for petrochemical and refining companies 12/16
- Rohm awards NextChem feasibility study for PMMA-polymer chemical recycling plant project 12/16
- Westlake to rationalize certain North American chlorovinyl and styrene assets 12/16
