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Americas

Oil up 2% despite US crude build; set for best Q3 since 2004

NEW YORK (Reuters) — Oil prices rose nearly 2% on Wednesday, despite a rise in US crude inventories, with the market heading for its largest third-quarter gain in 13 yr after the Iraqi oil minister said OPEC and its partners were considering extending or deepening output cuts.

Oryx Midstream to build regional crude oil transport pipeline in Delaware Basin

MIDLAND, Texas — Oryx Midstream Services II, LLC announced that it will build a new regional crude oil transportation pipeline serving the Delaware Basin with initial capacity of up to 400,000 bpd.

ClearSign Texas refinery project successfully concludes operational testing

SEATTLE — ClearSign Combustion Corporation, a leading of industrial combustion technologies that deliver unmatched reduction of pollutant emissions while improving operational costs, announced that it had successfully completed the first installation of the Duplex Plug and Play, for industrial process heaters at a refinery in Texas.

Colombia's ELN rebels attack Cano Limon oil pipeline

BOGOTA (Reuters) — Rebels from the Marxist ELN, Colombia’s largest active guerrilla group, destroyed part of the Cano Limon-Covenas oil pipeline on Monday, just two weeks before the start of a bilateral ceasefire and an end to hostilities, military and Ecopetrol sources said.

MPLX completes binding open season on Wood River-to-Patoka pipeline expansion

FINDLAY, Ohio — MPLX LP announced that its subsidiary Marathon Pipe Line LLC (MPL) has completed a successful binding open season for the expansion of the Wood River-to-Patoka pipeline.

Tillerson says US could stay in Paris climate accord

WASHINGTON (Reuters) — The United States could remain in the Paris climate accord under the right conditions, Secretary of State Rex Tillerson said on Sunday, signaling a shift in tone from the Trump administration, which angered allies with its decision to pull out of the agreement.

North Korea fuel prices soar after U.N. sanctions capping supply

(Reuters) — Gasoline and diesel prices rose sharply in North Korea after its sixth nuclear test and as the U.N. Security Council imposed new sanctions capping fuel supply, market data analyzed by Reuters on Monday showed.

Oil and chemical spills from Hurricane Harvey big, but dwarfed by Katrina

NEW YORK/BOSTON (Reuters) — More than 22,000 bbl of oil, refined fuels and chemicals spilled at sites across Texas in the wake of Hurricane Harvey, along with millions of cubic feet of natural gas and hundreds of tons of other toxic substances, a Reuters review of company reports to the US Coast Guard shows.

Koch, supported by Vopak, brings first imports of ultra-low sulfur diesel to Mexico

VERACRUZ, Mexico — Koch Supply & Trading Mexico is importing its first cargo of ultra-low sulfur diesel (ULSD) into Mexico through the Port of Veracruz.

Six companies buy oil from US emergency crude reserve

WASHINGTON (Reuters) — Six companies bought 14 MMbbl of oil from the US Strategic Petroleum Reserve in a sale required by law to help fund medical research and the federal government, said the Department of Energy on Thursday.