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Americas

IRPC Americas '17: IMO 2020 panelists advocate bunker sulfur removal "at the source"

HOUSTON—On Day 1 of Gulf Publishing Company's International Refining and Petrochemical Conference (IRPC) Americas 2018, Hydrocarbon Processing Technical Editor Bob Andrew moderated a late-morning panel discussion on IMO 2020 regulations.

IRPC Americas '17: US supply growth creates opportunities for refining/petchem

HOUSTON—Robert E. Trubac, Technology Director–Petrochemicals, Aromatics and Higher Olefins for CB&I, kicked off the opening of Gulf Publishing Company's International Refining and Petrochemical Conference (IRPC) Americas 2018 with a keynote address on paraxylene (PX) production via double reslurry crystallization.

Oil climbs as firm demand absorbs ample supply

LONDON (Reuters) — Oil rose on Tuesday as demand soaked up some of the surplus supplies from OPEC and the United States, but traders said the market was trading in a tight range and showed few signs of big short term moves.

US outlines priorities for NAFTA negotiations, API see benefits of modernization

WASHINGTON (Reuters) — The United States on Monday outlined its priorities for renegotiating the NAFTA trade agreement and said it would focus on ensuring better access for US goods exported to Canada and Mexico in order to reduce the US trade deficit.

OPEC's Ecuador says plans to gradually increase oil production

QUITO (Reuters) — OPEC member Ecuador will no longer comply with an agreed OPEC production cut due to the country's financial difficulties and plans to gradually raise its oil output, the government said on Monday.

ExxonMobil, University of Wisconsin-Madison to advance research into fuel from biomass

IRVING, Texas & MADISON, Wis. — The University of Wisconsin-Madison and ExxonMobil have announced a 2-yr renewal of an agreement to research the fundamental chemistry of converting biomass into transportation fuels. The research is part of a broad effort to identify scalable and commercially viable solutions to help meet increasing global energy demand with a renewable resource.

India BPCL makes its first US oil purchase, buys Mars, Poseidon

NEW DELHI (Reuters) — India's Bharat Petroleum Corp has made its first purchase of US oil, buying high sulfur crudes Mars and Poseidon in a tender, its head of refineries R. Ramachandran said.

US court gives environmental regulator 14-day extension on methane rule

NEW YORK (Reuters) — A US court on Thursday gave the US Environmental Protection Agency 14 extra days to comply with a July 3 order requiring the EPA to enforce rules on methane leaks in oil and gas equipment, which the agency had sought to freeze, a filing showed.

Magellan Midstream Partners pipeline ruptures in Texas

HOUSTON (Reuters) — A Magellan Midstream Partners oil pipeline leaked some 1,200 bbl of crude on Thursday, triggering the evacuation of nearby homes while cleanup operations were underway, the company said in a statement.

Oil firm as signs of higher demand outweigh worries of excess

LONDON (Reuters) — Oil prices edged higher on Friday and were on track for solid weekly gains following positive demand signals, production issues in Nigeria and a reported decline in stocks.