Americas
EIA: US crude stockpiles rise in week, defying expectations
NEW YORK (Reuters) — US crude stocks rose unexpectedly last week as imports increased, while gasoline and distillate inventories fell, the Energy Information Administration said on Wednesday.
Diamond Green Diesel initiates engineering review for proposed expansion
IRVING, Texas — Darling Ingredients Inc. and Valero Energy Corporation announced that in anticipation of growing demand for renewable diesel due to the Renewable Fuel Standard (RFS) and global low carbon markets, they will initiate an engineering and construction cost review to analyze an additional project growing annual production capacity to 550 MMgal at the Diamond Green Diesel (DGD) facility in Norco, LA.
Shell begins main construction on Pennsylvania petchem complex
HOUSTON – Shell Chemical Appalachia LLC announced the official start of the main construction phase of its major petrochemicals complex in Pennsylvania, USA. This follows the successful completion of the site preparation and detailed design and engineering work.
Magellan Midstream hits full capacity at Corpus Christi condensate splitter
HOUSTON (Reuters) — Magellan Midstream Partners said on Tuesday that its condensate splitter in Corpus Christi, Texas, reached maximum processing capacity of 50,000 bpd after being knocked offline because of Hurricane Harvey.
Kinder Morgan Canada denied expedited appeal for oil pipeline
CALGARY, Alberta (Reuters) — Canada's National Energy Board (NEB) will take until at least Dec. 4 to review Kinder Morgan Canada Ltd's appeal over its Trans Mountain oil pipeline expansion, the regulator said on Tuesday, rejecting the company's proposed "expedited" timeline.
Enerkem biofuel facility receives approval from EPA to sell ethanol
MONTREAL — Enerkem Inc., a waste-to-biofuels and renewable chemicals producer, announced it has received approval from the US Environmental Protection Agency (EPA) to sell cellulosic ethanol produced at its Edmonton, AB, Canada facility under the US renewable fuels standard (RFS).
EIA: More US distillate is being exported
US distillate exports have continued to increase in 2017, both in volume and as a share of total distillate production. Domestic distillate demand has remained relatively stable, increasing slightly from January through July 2017.
ABB teams up with Saudi firm Arkad for turnkey oil and gas projects
ZURICH/KHOBAR, Saudi Arabia (Reuters) — Swiss engineering conglomerate ABB is putting its turnkey projects arm for the oil and gas industry into a joint venture majority owned by Saudi Arabia's Arkad Engineering & Construction, as ABB seeks to "optimize" its business portfolio, the company said on Monday.
Peru, Argentina to seek resolution to biodiesel dispute
BUENOS AIRES (Reuters) — Argentina and Peru are seeking to resolve a dispute stemming from Peru's decision to apply anti-dumping tariffs on imports of Argentine biodiesel a year ago, Peruvian President Pedro Pablo Kuczynski said on Friday.
Oil near 2-yr high as tightening market attracts buyers
AMSTERDAM (Reuters) — Oil prices rose on Friday, nearing their highest levels in more than 2 yr, with buyers attracted by expectations of an extension to a global pact to cut output that has reduced oversupply.
- 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
- Vietnam's largest refinery to operate at 120%-125% of designed capacity in Q1 2/12
- Indonesia's Medco expansion plans bet on rising energy demand in Southeast Asia 2/12
- Brazil to rebuild ethanol stocks in new harvest after 21% drop in 2025-2026 2/12
