Americas
SK Energy to import 6.5 MMbbl of US crude for Nov–Jan arrival
SEOUL (Reuters) — South Korea’s SK Energy has bought 6.5 MMbbl of US crude to be delivered between November and January, a company spokeswoman said on Monday, as the country’s top oil refiner steps up imports of the competitively priced oil.
Asia oil buyers turn to US in hunt for cheap supply
SINGAPORE/NEW YORK (Reuters) — Asia is set to ramp up crude oil imports from the United States in late 2017 and early next year, with buyers searching out cheap supplies after hurricanes hit US demand for the commodity at a time of rising production in the country.
Mercuria: Record US oil exports set to surge further
LONDON (Reuters) — Already record US oil exports are set to surge further in the coming month as stored oil in one of the world's last areas of excess stockpiles pours into global markets, the chief executive of trading house Mercuria, Marco Dunand, said.
US oil pipeline rivals look to consolidate West Texas projects
HOUSTON (Reuters) — As shale oil producers have rushed back into the Permian Basin after a downturn, US pipeline firms have scrambled to plot new pipelines to take all that petroleum from West Texas to refineries, export hubs and petrochemical plants.
EIA: Energy-related CO2 emissions expected to fall in 2017, rise in 2018
Energy-related carbon dioxide (CO2) emissions fell in both 2015 and 2016, and they are expected to fall again in 2017, based on forecasts in EIA’s Short-Term Energy Outlook.
Most US oil executives see prices below $60/bbl through 2018
HOUSTON (Reuters) — Nearly two-thirds of US oil executives see crude oil prices remaining below $60/bbl through 2018 and not hitting $70/bbl until at least the next decade, according to a survey published on Wednesday by consultancy Deloitte Services LP.
US judge allows Dakota pipeline to run as Army conducts study
WASHINGTON (Reuters) — Oil can keep flowing through the contested Dakota Access Pipeline while the Army Corps of Engineers conducts a new environmental review of the duct through next April, a federal judge ruled on Wednesday.
Fluor awarded contract for world’s largest propylene oxide, tertiary butyl alcohol plant
IRVING, Texas — Fluor Corporation announced that it was selected by LyondellBasell to perform the engineering and procurement for its propylene oxide (PO) and tertiary butyl alcohol (TBA) project located at its Channelview and Bayport complexes outside of Houston. Fluor booked the undisclosed contract value into backlog in the Q3 2017.
Ecopetrol awarded contract to deliver propylene to its Comai subsidiary
BOGOTÁ, Colombia — Ecopetrol S.A. announces that has signed a contract to supply refinery-grade propylene (RGP) to its subsidiary Compounding and Masterbatching Industry Ltda (Comai Ltda) from October 2017 to August 2022.
Kinder Morgan Canada kills request linked to Trans Mountain pipeline
CALGARY, Alberta (Reuters) — Kinder Morgan Canada Ltd on Friday withdrew its request to install anti-fish-spawning mats in construction areas for its embattled Trans Mountain pipeline expansion, potentially delaying the $5.91-B project.
- Transition Industries signs agreements for the Pacifico Mexinol Project, an ultra-low carbon chemical production facility 7/3
- Bangkok Airways introduces SAF on commercial flights 7/3
- EcoCeres secures SAF contract with British Airways to help reduce carbon emissions 7/3
- Air Liquide to invest up to $200 MM in Louisiana, U.S. to support industrial growth 7/3
- MOL completes the acquisition of LBC Tank Terminals 7/3
- BHP awards charter contracts for two ammonia dual-fueled vessels 7/3
