Americas
Brent oil climbs above $50 for first time since early June
LONDON (Reuters) — Brent crude oil rose above $50/bbl for the first time since early June on Thursday, adding to gains made the previous session when falling US crude and oil product inventories lifted the market.
SemGroup completes acquisition of Houston Fuel Oil Terminal Company
TULSA, Okla. — SemGroup Corporation announced the closing of its acquisition of Houston Fuel Oil Terminal Company (HFOTCO) from investment funds managed by Alinda Capital Partners. HFOTCO, one of the largest oil terminals in the US, establishes SemGroup’s position in the premier energy market, the Houston Ship Channel, and provides a strategic platform to refinery-facing growth.
PetroChina unloading first Chinese purchase of oil from US strategic reserves
SINGAPORE (Reuters) — PetroChina is this week unloading the first Chinese purchase of crude oil from US strategic petroleum reserves at a port in eastern China, according to shipping data and two industry sources.
Tesoro fuel transport via Pemex lines in Mexico could begin in Sept
MEXICO CITY (Reuters) — US refiner Tesoro Corp could begin transporting gasoline and diesel through the pipeline network owned by Mexico's national oil company Pemex in September, an executive with the Mexican firm said on Wednesday.
IRPC Americas '17: Best practices should not be sacrificed for cost and schedule
HOUSTON—Stephen L. Cabano, President of Pathfinder LLC, spoke on the recognition vs. application of best practices for capital projects on the second day of Gulf Publishing Company's International Refining and Petrochemical Conference (IRPC) Americas 2017.
IRPC Americas '17: FCC process history driven by war, competition
HOUSTON—Phillip Niccum, Senior Vice President, Process Engineering for KP Engineering, opened the second day of Gulf Publishing Company's International Refining and Petrochemical Conference (IRPC) Americas 2017 with a keynote talk on the history and development of the fluid catalytic cracking (FCC) process.
MHI completes large-scale 2-train polyethylene plant for Exxon
Mitsubishi Heavy Industries America, Inc. (MHIA), a fully owned subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI), has completed the construction of a large-scale two-train polyethylene plant in the US.
BP mulling IPO of US Midwest and Gulf Coast pipeline assets
(Reuters) — BP Plc is considering an initial public offering of its vast US Midwest and Gulf Coast pipeline assets, the company said on Tuesday, a move that would raise cash.
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.
- 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
