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Americas

US EPA proposes modest increase in 2017 biofuels blending targets

Releasing the blending targets ahead of 2017 is part of the US EPA's efforts to get the controversial policy program for domestic refiners back on track after many years of delays.

US gasoline, distillate inventories drop as refiners raise operating rates

Gasoline stocks fell 2.5 MMbbl, compared to forecasts for a 150,000-bbl drop. Distillate stockpiles, which include diesel and heating oil, fell 3.2 MMbbl, versus expectations for a 642,000-bbl drop.

Argentina looks to stop light crude imports, boost domestic refining

Increased refining of domestic light crudes and further investment in the oil sector keep country rolling toward energy independence.

Pemex could give up majority stakes in refineries

Pemex's CFO says the company is seeking partners to operate its money-losing refineries and plans to "dilute" its ownership in the plants.

Arson blamed for 2013 Texas fertilizer plant blast

A call for tighter and more thorough regulations was issued following the deadly blast and ensuing fires.

Chile to begin LNG exports to Argentina this week

Chilean state producer ENAP and Argentine state producer ENARSA have been in negotiations in recent months to seal a deal, after Argentina's new business-friendly President Mauricio Macri indicated he was keen to get fuel flowing between the two.

A.W. Chesterton expands Massachusetts training, services hub

A.W. Chesterton Co., a leading industrial equipment fluid sealing specialist, has expanded its facilities north of Boston with a new state-of-the-art valve emissions testing facility, an expansive industrial training center, and an industrial equipment service location to support regional customers.

US refiners tighten belts as golden era fades

HP Editorial Staff: HP News Services

US independent oil refiners are shelving projects and tightening budgets as a global glut of diesel and gasoline erodes their profit, ending a golden era of high refining margins.

US fuel inventories tumble as refiners cut rates

Gasoline and distillate inventories also dropped more than expected, as refining rates fell, new data from the Energy Information Administration (EIA) showed.

ExxonMobil reports death of contractor in work at Beaumont refinery

The AltairStrickland worker was struck in the head and neck area by piping that was being removed from a heat exchanger, a local sheriff's office spokesperson said.