Americas
Matrix Markets auctions 4.750 MMbbl of storage capacity
HOUSTON — Matrix Markets LLC announced that 4.750 MMbbl of LOOP capacity allocation contracts (CACs) were sold during the Oct. 3 auction.
SNC-Lavalin awarded engineering, licensing contract for Dorogobuzh project
MONTREAL — SNC-Lavalin announced that it has been awarded a contract by Novgorodskiy GIAP, a subsidiary of Acron Group, for the development of engineering design packages and licensing services for a fertilizers project located in the Smolensk region of the Russian Federation.
AFPM Summit '17: Daily editions of the official conference newspaper
AUSTIN -- Enclosed are digital copies of the daily editions of the official conference newspaper of the AFPM 2017 Operations & Process Technology Summit, held at the JW Marriott.
Buckeye Partners resumes operation at its Yabucoa oil terminal
HOUSTON (Reuters) — Buckeye Partners has resumed full operations at its oil terminal and storage tanks in Puerto Rico two weeks after it closed the facility ahead of Hurricane Maria, the company said on Tuesday.
EIA: State taxes on gasoline in 2017 up 4.5% from 2016
In EIA’s latest update of state gasoline and diesel fuel taxes data, the simple average of taxes and fees on gasoline levied by the states and the District of Columbia in effect as of July 1, 2017, was 27.9 cents per gallon (cents/gal), up 4.5% from the same time last year.
India's Reliance makes first purchase of US crude
NEW DELHI/SINGAPORE (Reuters) — India’s Reliance Industries Ltd has purchased crude oil cargoes from the United States for the first time, drawn by the lower price for US oil versus global benchmarks, three trade sources said on Tuesday.
Oil prices fall for a second day on oversupply concerns
TOKYO (Reuters) — Oil fell edged lower on Tuesday, declining for a second day and sapping more strength from a Q3 rally, amid signs that a global glut in crude may not be clearing as quickly as bulls had hoped.
Emerson Global Users Exchange ’17: ‘Powering collaboration: For users, by users’
Rob Sentz, chairman of EGUE, opened the 2017 Emerson Global Users Exchange focusing on improvements being made for users to get more out of the week-long event, which will have a parallel EMEA event March 2018 in the Hague. Emerson is expanding networking opportunities by adding early morning yoga and fun runs.
Laredo to sell Permian pipeline unit stake for $825 MM
(Reuters) — Oil and gas producer Laredo Petroleum said on Monday it would sell its stake in a Permian pipeline unit for $825 MM, lower than some industry estimates and prodding the company's shares down nearly 8%.
Canada review of Trans Mountain pipeline flawed, lawyers argue
VANCOUVER/CALGARY, Alberta (Reuters) — Canada failed in its duty to consult First Nations and other groups on the Trans Mountain oil pipeline expansion, and therefore the approval of the $5.9 B project must be overturned, lawyers for project opponents argued at the launch of a judicial review on Monday.
- 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
