Americas
PDVSA seeks fuel imports as refineries struggle
CARACAS/HOUSTON (Reuters) -- Venezuela's largest refineries were operating below half capacity this week, prompting state-run oil company PDVSA to launch tenders for product imports amid the OPEC country's deteriorating infrastructure and ebbing crude production.
Delek Refining to use Honeywell services to ‘improve refinery performance’
DES PLAINES, Ill. -- Honeywell announced that Delek Refining, Inc. will use a new Industrial Internet of Things (IIoT)-based Connected Performance Services (CPS) at its refinery in Tyler, Texas.
CB&I launches new program to train and hire veterans
THE WOODLANDS, Texas -- CB&I launched the CB&I Craft Development Program for Industrial Electricians, which is part of the company’s long-standing commitment to supporting veterans. CB&I has partnered with Central Louisiana Technical Community College’s (CLTCC) Lamar Salter Campus and Fort Polk, a U.S. Army installation in Louisiana, to train active duty military for careers in the industrial electrical field.
Alberta petrochemical projects get $378 MM royalty credits
CALGARY, Alberta (Reuters) -- The Canadian oil-producing province of Alberta will offer $377.84 million in royalty credits to Pembina Pipeline Corp and Inter Pipeline Ltd for their petrochemical projects, the government said on Monday as it seeks to diversify its ailing economy.
US Army denies DAPL easement, AFPM responds to decision
HOUSTON (Reuters) -- The US Army's denial of an easement for the Dakota Access Pipeline, after permitting and legal obligations were followed, sets an uncertain precedent for new projects despite President-elect Donald Trump's promise to support energy infrastructure.
Venezuela's PDVSA seeks compensation in 'staggering' US bribe case
(Reuters) -- A unit of Venezuela's state-run oil company PDVSA has asked a US court to order two businessmen to compensate it for carrying out a "staggering" bribery scheme that cost the company $600 million in losses.
Sturgeon Refinery project nears completion of phase one in Canada
OTTAWA -- Phase one of the Sturgeon Refinery, which will process bitumen and produce primarily diesel fuel in Alberta, is nearing completion. The project shows that additional economic value can be generated within the province, according to a Conference Board of Canada report, “Is There Value in Adding Value?” an assessment of the Sturgeon Refinery.
Irving Oil announces expansion of its terminal network in Nova Scotia
HALIFAX -- Irving Oil announced that it has entered into a purchase agreement to acquire four inland storage facilities in Nova Scotia from Valero Energy Inc.
Delta Air to sell gasoline and diesel as losses at its refinery climb
NEW YORK (Reuters) -- Delta Air Lines Inc is preparing to market gasoline from a refinery it owns outside Philadelphia, signaling a shift in strategy toward managing the plant as a commercial refiner rather than a dedicated jet fuel supplier.
Organization urges Buffett's Berkshire to sell fossil fuel investments
(Reuters) -- A Nebraska nonprofit on Friday said it will propose that Warren Buffett's Berkshire Hathaway Inc. sell its investments in oil refiner Phillips 66 and other companies involved in fossil fuels over 12 years.
- 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
