Americas
Hedge funds pile into gasoline amid pipeline, refinery woes
Money managers have amassed their largest bullish position in US gasoline in more than three months as pipeline and refinery outages send futures and pump prices of the motor fuel soaring.
CVR’s Wynnewood refinery to receive SCOOP crude from new pipeline
Velocity Midstream has entered into definitive agreements with CVR Refining for the construction of a pipeline and terminal directly linking the fairway of the South Central Oklahoma Oil Province to CVR’s Wynnewood refinery.
Tripwire conducts study regarding IT confidence in industrial cyber security
A study conducted for Tripwire by Dimensional Research, evaluated the confidence of IT professionals regarding the efficacy of seven key security controls, which must be in place to quickly detect a cyber attack in progress.
Koch acquires process optimization solution provider EFT Energy
Koch Industries acquired EFT Energy, a software-as-a-service and solutions provider in the fields of industrial and manufacturing predictive analytics, process optimization, and industrial and commercial energy management.
EIA: Regional refining capacity makes US major importer and exporter of gasoline
The US simultaneously imports and exports gasoline, because of regional differences in gasoline supply and demand balances.
Easy resolution unlikely for contentious Dakota pipeline
Rerouting a long-anticipated pipeline in North Dakota would be a laborious and costly task, delaying startup by months and provoking further opposition from Native American and environmental groups.
Anglo American Platinum invests in Greyrock Energy
Anglo American Platinum Ltd. has invested in Greyrock Energy, Inc., a provider of small scale gas-to-liquids technology.
Hydrogen fuel network used to break California electric-vehicle mileage record
The founders of True Zero completed a scenic drive throughout California in a fuel-cell-electric Toyota Mirai, covering 1,438 miles in a 24-hour period, breaking the official Guinness World Record for electric miles driven in 24 hours.
Train 2 of Sabine Pass liquefaction project is substantially complete
Cheniere Energy Partners, LP announced that substantial completion of Train 2 of the Sabine Pass liquefaction project in Cameron Parish, Louisiana was achieved September 15, 2016.
Philadelphia Energy Solutions ends bid to go public
Philadelphia Energy Solutions ended its bid to take the company public, capping a string of bad news for the largest refinery on the US East Coast.
- Axens tapped for 3 new Vegan® licenses for SAF and renewable diesel production 1/8
- Neste, KPI OceanConnect and Global Energy collaborate for first delivery of Neste MY Renewable Diesel to Singapore marine sector 1/8
- Neste, Bayer collaborate to develop novel vegetable oils for possible renewable fuels production 1/8
- EIA: U.S. crude stocks fall, fuel inventories rise 1/8
- Sinopec's Zhenhai refinery says fire at crude unit has been put out 1/8
- U.S. Gulf Coast fuel oil imports hit record low as Latin America deliveries slow 1/8
