Americas
Mexico's Pemex sees restart of Salina Cruz refinery on July 30
MEXICO CITY (Reuters) — Mexican state oil producer Pemex said on Thursday that it expects to restart operations on July 30 at Salina Cruz, its largest oil refinery, after it was hit last week hit by flooding and subsequent fire that forced a shutdown of the plant.
Demand to ship gasoline on top US pipeline at 6-yr low
NEW YORK (Reuters) — The operator of the biggest US fuel pipeline system said on Thursday demand to transport gasoline to the country's populous northeast is the weakest in six years, the latest symptom of a global oil market grappling with oversupply.
Velan launches the Securaseal R-series cast
HOUSTON, TX — Velan introduced the all new Securaseal R-series cast metal-seated ball valve at Valve World Expo in Houston, Texas. The new R-series cast product line leverages Velan’s extensive severe service technology and places it in an optimized package suitable for most processes with fluid slurries and high temperatures, the company said in a press release.
Dangote awards DuPont clean technology contracts for new oil refinery in Nigeria
WILMINGTON, Del. — DuPont Clean Technologies announced today that Dangote Oil Refinery Company Ltd has commissioned a range of advanced proprietary equipment from DuPont for the construction of a new refinery in Lekki, near Nigeria’s capital, Lagos.
Petrobras revives plan for IPO of fuel distribution unit
SAO PAULO (Reuters) — Petróleo Brasileiro SA is reviving an initial public offering of fuel distribution unit BR Distribuidora to cut the Brazilian state-controlled oil company's debt and investment in low-return activities, Chief Executive Officer Pedro Parente said on Thursday.
OpenLink announces asset transaction management for midstream, downstream operations
HOUSTON, Texas – OpenLink, the global leader in trading, treasury and risk management solutions for the energy, commodities, corporate and financial services industries, announced that its newly developed solution, Asset Transaction Management (ATM), is now live at three leading energy clients—including Williams Midstream Partners and SemGroup—and open to the market.
EIA: US crude, petroleum product exports rising, trends vary across products
US total crude oil and petroleum product exports more than doubled from 2.4 MMbpd in 2010 to 5.2 MMbpd in 2016. While exports of distillate, gasoline, propane and crude oil have all contributed to the increase, growth rates and market drivers for each product have varied during this period.
Braskem to invest $675 MM in 6th US-based polypropylene plant
BRASILIA (Reuters) — Braskem SA, Latin America's largest petrochemical company, will invest $675 MM to build a sixth US-based polypropylene-production plant, the company said on Wednesday.
Oil to keep flowing in Dakota line while legal battle continues
WASHINGTON (Reuters) — Oil will continue to flow through the Dakota Access Pipeline through the summer while authorities conduct additional review of the environmental impact, after a judge on Wednesday ordered more hearings in coming months.
Dow, 1QBit announce collaboration agreement on quantum computing
MIDLAND, Mich. — The Dow Chemical Company and 1QB Information Technologies (1QBit) announced a collaboration agreement to develop quantum computing tools for the chemicals and materials science technology spaces. The two companies will accelerate the deployment of quantum computing across a range of applications relevant to the chemical sector.
- Transition Industries signs agreements for the Pacifico Mexinol Project, an ultra-low carbon chemical production facility 7/3
- Bangkok Airways introduces SAF on commercial flights 7/3
- EcoCeres secures SAF contract with British Airways to help reduce carbon emissions 7/3
- Air Liquide to invest up to $200 MM in Louisiana, U.S. to support industrial growth 7/3
- MOL completes the acquisition of LBC Tank Terminals 7/3
- BHP awards charter contracts for two ammonia dual-fueled vessels 7/3
