Economics
Canada regulator suspends TransCanada pipeline approval hearing
Canada's National Energy Board suspended Montreal hearings on TransCanada Corp.'s proposed Energy East pipeline after protests disrupted the first day of the process.
Mexico may liberalize gas prices in 2017
Mexico's government will propose that Congress bring forward one year the planned liberalization of gasoline prices.
Phillips 66 cuts output at Linden refinery amid weak margins
Phillips 66 cut production by roughly 5% at its 238 Mbpd refinery in Linden, New Jersey, amid weak refining margins.
ExxonMobil to put Montana refinery on block
ExxonMobil Corp. is in the first stages of seeking a potential buyer for its Billings, Montana, refinery, one of the company's only US plants that is not integrated with its chemical operations
Column: Asian refinery wars - China, India gain market share
China's surging exports of refined fuels have cut profit margins for Asia's refiners, but the pain is unlikely to be shared equally across all the region's exporters of oil products.
Chevron and ENN sign LNG sales and purchase agreement
Chevron USA Inc. signed a binding LNG sales and purchase agreementwith ENN LNG Trading Company Ltd. for the delivery of LNG to China from Chevron’s global supply portfolio.
Japan's JX, TonenGeneral merger deal imminent
Japan's JX Holdings and TonenGeneral Sekiyu are set to finalize details Wednesday, August 31 for a new merged company to be formed in April 2017.
Wärtsilä, Gasum aim to develop LNG markets
Wärtsilä and Finland based Gasum signed a joint cooperation agreement aimed at developing the use, distribution, and service solutions for natural gas in marine and onshore applications.
ExxonMobil, BP, ConocoPhillips decide not to invest in Alaska LNG
ExxonMobil will likely sell their share of the Alaska LNG JV with BP, Conoco Phillips and the state government, as they believe the project will not be profitable under current market conditions.
Profit at China's Sinopec slumps 21.6% in first half
Sinopec said its net profit fell 21.6% in the first half of 2016, hurt by a steep decline in international oil prices.
- Eberhard Bau signs long-term solar diesel offtake agreement with Synhelion 2/3
- Abundia Global Impact Group appoints Burns & McDonnell as front-end engineer for waste plastics-to-fuels facility 2/3
- Rutgers University researchers develop catalyst that can convert nitrate pollution in water directly into ammonia 2/3
- Italy's Eni teams up with Q8 to build biorefinery in Sicily 2/3
- French ethanol use jumps 15% in 2025, driven by gasoline demand 2/3
- Indian refiners await government advice on Russian oil import halt 2/3
