Americas
EIA: Propane exports drove 2016 US petroleum product export growth
In the first half of 2016, the US exported 4.7 MMbpd of petroleum products, almost 10 times the crude oil export volume, an increase of 500 Mbpd over the first half of 2015.
Honeywell supports US EPA's greenhouse gas emissions reduction program
Honeywell is supporting the US Environmental Protection Agency's (EPA) latest decisions for the Significant New Alternative Policy (SNAP). The program evaluates and regulates environmentally preferable substitutes for chemicals that are being phased out under the Clean Air Act.
Moody’s predicts sustained negativity for refining industry
Moody's outlook for the refining and marketing industry in North America and Europe, the Middle East and Africa remains negative.
Dow, Reynolds partner to convert recycled plastic into energy
A program designed to convert previously non-recycled plastics into energy, a collaborative effort between Dow Chemical, Reynolds Consumer Products and others, recently launched in the Omaha area.
Canada approves $27 B LNG complex; Petronas to review
Malaysia's Petronas said it would review a proposed $27.25 B LNG project in western Canada after Ottawa approved the project with conditions to limit the environmental impact.
Aruba parliament approves reactivation of Citgo refinery
Aruba's parliament approved a law that permits the reactivation of the Caribbean island's 235 Mbpd refinery, operated by Citgo Petroleum.
IndianOil and USTDA sign an agreement to promote cleaner fuels in India
The US Trade and Development Agency and IndianOil will jointly work to explore cleaner fuels.
Dakota Access pipeline hangs over White House tribal summit
President Barack Obama will convene his final Tribal Nations Conference, even as one of the largest Native American protests in decades continues in North Dakota.
Federal Reserve proposes new limits on Wall Street energy bets
The Federal Reserve outlined a plan to limit Wall Street bets on the energy sector by forcing companies like Goldman Sachs and Morgan Stanley to hold more capital against such investments.
Petrobras may mothball LNG terminal, Ceara thermal plant
Petrobras fears problems with its LNG regasification terminal in Ceara state and a nearby thermoelectric plant could force it to mothball the assets.
- 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
