Americas
Advancing export terminal technology: An optimized process for the refrigeration of cryogenic hydrocarbons
Ethane production in North America (NA) has expanded dramatically with the onset of shale production and associated hydraulic fracturing. Ethane concentrations in fractured shale gas are typically 10% or higher vs. a traditional range of 4%–7% in associated gas.
US crude ends year above $60 on strong global oil demand
CALGARY, Alberta (Reuters) — US oil prices closed above $60/bbl on the final trading day of the year, the first time since mid-2015, as the commodity ended 2017 with a 12% gain spurred by strong demand and declining global inventories.
After Trump criticism, China denies selling oil illicitly to N.Korea
BEIJING/WASHINGTON (Reuters) — China on Friday denied reports it has been illicitly selling oil products to North Korea after US President Donald Trump said he was not happy that China had allowed oil to reach the isolated nation.
Oil prices stay near high on strong US refinery runs, China data
NEW YORK (Reuters) — Oil prices edged up on Thursday, remaining near 2-1/2-year highs after data showed strong demand for crude imports in China and on increased US refining activity that drew more crude from inventories.
Explosion at major Venezuela refinery injures two
PUNTO FIJO, Venezuela (Reuters) — A furnace exploded during a unit restart at Venezuela’s largest refining complex, injuring two workers, a union leader and a family member of one of the victims said on Wednesday.
Demand to ship gasoline on Colonial Pipeline at 2-month low
NEW YORK (Reuters) — Demand to ship gasoline on Colonial Pipeline has sunk to a two-month low as Gulf Coast supplies are increasingly being exported or sent to the Midwest rather than to the New York harbor, three sources familiar with the matter said on Wednesday.
USTDA to host reverse trade mission for refinery optimization with India government, executives
USTDA is hosting a group of Indian oil and gas officials, and senior executives from state-owned and private sector Indian refineries on a visit to the United States where they will see the design, manufacture, and operation of US goods and services.
SNC-Lavalin signs framework agreement with Shell
MONTREAL — SNC-Lavalin announced that it has signed a Framework Agreement (FA) with Shell to provide pre-feasibility and feasibility studies for modular options on Shell's projects.
US renewable fuel credits pressured by biodiesel tax credit optimism
CHICAGO (Reuters) — US renewable fuel credits remained under pressure on Thursday as expectations mounted that lawmakers may soon renew a $1/gal rebate for biodiesel blenders that could curb worries over tight supplies in the thinly-traded market.
US tax overhaul likely to spur spending by refiners, pipeline cos
NEW YORK (Reuters) — US refiners and pipeline companies are likely to embark on a capital spending spree in the next year, fueled by a provision in the recently-passed US tax bill that rewards investment in new projects, said energy industry lobbyists and analysts.
- YPF, Eni and XRG sign joint development agreement advancing 12-MMtpy Argentina LNG project 2/12
- Maire launches new technology to produce PTMEG, the key polymer composing the spandex fiber. 2/12
- Verde Clean Fuels announces suspension of development of Permian Basin gas-to-gasoline project 2/12
- Russia to send crude oil and fuel to Cuba soon, Izvestia reports 2/12
- Vietnam's largest refinery to operate at 120%–125% of designed capacity in Q1 2/12
- Global shipping industry sticks with green investments, despite carbon price delay 2/12
