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Americas

Phillips 66 requests Jones Act waiver after Harvey

HOUSTON (Reuters) — US refiner Phillips 66 has requested a Jones Act waiver to allow it to use foreign vessels to move crude or products to and from its 260,000-bpd Alliance refinery in Louisiana after Hurricane Harvey, the company said on Sunday.

Texas edges closer to recovery after Harvey as key pipeline restarts

HOUSTON (Reuters) — The US Gulf Coast moves closer to recovery from Hurricane Harvey on Monday when the biggest American fuel system restarts a key segment shut down by devastating rains and officials weigh how to pay for billions of dollars in damage.

Evacuation lifted around Arkema's flooded Texas chemical plant

WASHINGTON (Reuters) — French chemical firm Arkema SA said an evacuation zone put in place amid fears that more flammable organic pesticides at its flooded plant in Crosby, Texas, would explode was lifted on Monday after the materials were ignited in a controlled burn.

Oil falls after Harvey floods US refineries

LONDON (Reuters) — Oil prices slipped on Friday in the wake of Hurricane Harvey, which has killed more than 40 people and brought record flooding to the oil heartland of Texas, paralyzing a quarter of the US refining industry.

EIA: Storm Harvey adds uncertainty to gas prices for Labor Day weekend

Hurricane Harvey has created considerable uncertainty for gasoline supply and prices, as the area affected by the hurricane is home to much of the nation's petroleum infrastructure. On Aug. 28, the US average retail gasoline price was $2.40/gal, the second-lowest price on the Monday before Labor Day since 2004. However, prices on that date do not yet reflect the full effects of Hurricane Harvey.

Guangxi Petrochemical revamps hydrogen unit with Honeywell UOP technology

DES PLAINES, Ill. — Honeywell announced that CNPC Guangxi Petrochemical Company has successfully converted its existing pressure swing adsorption (PSA) unit to Honeywell UOP Polybed PSA technology, enabling it to produce high-purity hydrogen.

Storm Harvey opens up rare jet fuel exports from Europe to US

LONDON (Reuters) — Traders are shipping jet fuel from Europe to the United States, where Tropical Storm Harvey has sparked concern over possible shortages of the aviation fuel.

Latin America looks to Venezuelan fuel cargoes as Harvey swamps US

HOUSTON (Reuters) — After Hurricane Harvey roared into Texas, flooding oil refineries and crippling ports along US Gulf Coast, Latin American countries scouring the globe for other sources of fuel are zeroing in on a flotilla waiting to unload off the coast of Venezuela.

Retail US gasoline prices surge as Harvey keeps refiners shut

HOUSTON/NEW YORK (Reuters) — Retail US gasoline prices hit two-year highs and global shipping routes were scrambled as the nation's largest refiners remained shut on Friday, even as Storm Harvey lost strength.

Largest US refinery may be shut up to two weeks

HOUSTON (Reuters) — Motiva Enterprises' Port Arthur, Texas refinery, the nation's largest, may be shut as long as two weeks for assessment of the plant and repair of any damage, sources familiar with plant operations said on Thursday.