Americas
SNC-Lavalin signs master service agreement with Chevron
MONTREAL — SNC-Lavalin announced it has signed a master services agreement with Chevron, for systems completion support on all Chevron’s major capital projects worldwide. SNC-Lavalin strives to be Chevron’s preferred system completion provider.
Green groups pressure automakers on US fuel efficiency rules
WASHINGTON (Reuters) — The Sierra Club, Greenpeace USA and Public Citizen and other environmental and consumer advocacy groups plan to turn up the pressure on Wednesday in their campaign to stop automakers from lobbying the Trump administration to weaken fuel efficiency requirements.
Oil eases but still near four-week highs after Saudi supply pledge
LONDON (Reuters) — Oil steadied on Wednesday near a four-week high after top exporter Saudi Arabia said it was determined to end a supply glut that has been weighing on the market for 3 yr.
SUEZ to build state-of-the-art laboratory in Texas to enhance innovation for O&G
SUEZ broke ground on a new laboratory in Tomball, Texas, north of Houston, which is expected to open mid-2018. In addition to continuing the research and development (R&D) of specialty chemicals for the industrial segment, the new facility will expand to include further process innovation in the oil and gas industry, focusing on global upstream and downstream applications.
Pennsylvania governor seeks relief for local refiners from renewable fuel rule
NEW YORK (Reuters) — Pennsylvania's governor asked US President Donald Trump to ease up on the state's oil refiners by waiving a rule requiring them to add renewable fuel to their products, following a week of pressure from farm-belt politicians not to change the rule, according to a letter released to the public on Monday.
US sets antidumping duties on Argentine, Indonesian biodiesel
WASHINGTON (Reuters) — The US Commerce Department set preliminary antidumping duties on imports of biodiesel from Argentina and Indonesia, after an initial finding that the products used as motor fuel were being sold at prices below market value in the United States.
ExxonMobil acquires crude oil terminal to serve Permian Basin production
HOUSTON — ExxonMobil Corporation announced that it has acquired a crude oil terminal in Wink, Texas from Genesis Energy LP.
Rosneft says ready to discuss Citgo collateral swap
VERONA, Italy (Reuters) — Russian oil major Rosneft will consider proposals to replace a stake in US-based refiner Citgo it holds as collateral for a 2016 loan to Venezuela with another asset, CEO Igor Sechin said on Thursday.
Venezuela's deteriorating oil quality riles major refiners
CARACAS/HOUSTON (Reuters) — Venezuela's state-run oil firm, PDVSA, is increasingly delivering poor quality crude oil to major refiners in the United States, India and China, causing repeated complaints, canceled orders and demands for discounts, according to internal PDVSA documents and interviews with a dozen oil executives, workers, traders and inspectors.
Trump 'committed' to US renewable fuels
WASHINGTON (Reuters) — US President Donald Trump sought to ease concerns on Wednesday that his administration would make major alterations to biofuels policy, telling Iowa's governor he was committed to a decade-old biofuels program even as a top official considers changing it.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
