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Americas

Amec Foster Wheeler awarded EPC contract for methanol plant

LONDON — Amec Foster Wheeler has been awarded a $604 MM engineering, procurement and construction (EPC) fixed price contract for part of a $1.85 B methanol plant being developed by Yuhuang Chemical Inc (YCI), a US-based subsidiary of China's Shandong Yuhuang Chemical Company Co. Ltd.

Oil up after Harvey fallout, but Hurricane Irma heads to Caribbean

LONDON (Reuters) — Oil prices rose on Wednesday as strong global refining margins and the reopening of US Gulf Coast refineries provided a more bullish outlook after sharp drops due to Storm Harvey.

Florida braces for second fuel supply hit as Hurricane Irma approaches

(Reuters) — Fuel distributors and traders in Florida braced for a second supply shock as Hurricane Irma barreled toward the state on the heels of disruptions from Hurricane Harvey in Texas.

Asian traders look to snap up US crude in wake of Hurricane Harvey

SINGAPORE (Reuters) — Some oil traders in Asia are looking to snap up crude cargoes from the United States after Hurricane Harvey closed US refineries, denting local demand and pushing out the price spread between U.S and Atlantic Basin crude benchmarks.

ExxonMobil: Baytown restart activities continue, pipelines beginning to transport fuels

IRVING, Texas — ExxonMobil said that facility assessments and restart activities continue at its Baytown refinery, and that it has made significant progress in restarting chemical production, pipelines and other logistical infrastructure in the Houston area. The company’s fuel terminals in Houston are open and supplying gasoline and diesel to customers.

Refinery worker dies after fire at HollyFrontier Kansas refinery

NEW YORK (Reuters) — A worker has died due to injuries from a fire at HollyFrontier's El Dorado, Kansas refinery, a local hospital confirmed on Tuesday.

Shell opens first Mexico gas station, eyes up to $1 B investment

MEXICO CITY (Reuters) — Anglo-Dutch oil major Royal Dutch Shell opened its first gas station in Mexico on Tuesday, adding to a growing list of foreign-branded pumps in a market still dominated by the green-colored outlets of state-owned company Pemex.

Magellan Midstream to construct Delaware Basin crude oil, condensate pipeline

TULSA, Okla. — Magellan Midstream Partners, L.P. announced it is commencing construction of a new Delaware Basin pipeline originating in Wink, Texas to handle crude oil and condensate.

Colonial Pipeline says Line 2 pipeline restarted

NEW YORK (Reuters) — Colonial Pipeline Co on Monday said it restarted one of its fuel lines shut because of Hurricane Harvey, with another line scheduled to restart on Tuesday.

US crude rises, gasoline falls as refineries restart

LONDON (Reuters) — US oil prices rose on Tuesday and gasoline fell as the gradual restart of refineries in the Gulf of Mexico that were shut by Hurricane Harvey raised demand for crude and eased fears of a fuel supply crunch.