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Americas

Saudi Aramco to sign deals with US firms during Trump visit

JEDDAH, Saudi Arabia (Reuters) -- Saudi Aramco is due to sign deals with 12 US companies on Saturday during US President Donald Trump's visit to Saudi Arabia, sources with knowledge of the matter said.

Vopak Deer Park terminal, EPA reach emissions controls agreement

DEER PARK, Texas -- Vopak Terminal Deer Park announced that it has reached an agreement with the United States Environmental Protection Agency (EPA), the United States Department of Justice, the Texas Commission on Environmental Quality and the Texas Attorney General regarding emissions controls at its Deer Park, Texas, facility.

Exxon says to open gas stations in Mexico, invest $300 MM

MEXICO CITY (Reuters) -- ExxonMobil Corp announced it will bring its Mobil-brand gas stations to Mexico, pumping $300 MM in the coming decade as it seeks to gain a foothold in the country's retail fuel market.

Flotilla of US crude heads to Asia as OPEC weighs extending cuts

HOUSTON/NEW YORK (Reuters) -- Oil tankers carrying around 10 MMbbl of US crude are en route to Asia, according to shipping data and trade sources, as US producers take advantage of favorable prices to ship to the region while OPEC ponders further supply cuts next week.

US motorists on roads for Memorial Day weekend to be highest since 2005

NEW YORK (Reuters) -- The number of Americans traveling by car for the Memorial Day holiday will hit a 12-year high this year, fueled by a growing economy and relatively low gasoline prices, the nation's largest motorists' advocacy group said on Wednesday.

BASF selects Jacobs to support site engineering in Germany

DALLAS -- Jacobs Engineering Group Inc., as one of BASF’s Global Engineering Partners for Large Capital Projects, provides engineering, procurement and construction management services for BASF sites worldwide.

EIA: Oil-fired power plants provide 3% of US electricity capacity, 1% generation

Roughly 70% of petroleum-fired electric generating capacity that still exists today was constructed prior to 1980. Utility-scale generators that reported petroleum as their primary fuel comprised only 3% of total electric generating capacity at the end of 2016 and produced less than 1% of total electricity generation during 2016.

Philadelphia refiners face run cuts due to Sunoco pipeline shutdown

NEW YORK (Reuters) -- Philadelphia area refiners may be forced to cut production in coming months because Energy Transfer Partner LP's Sunoco Logistics is temporarily shutting down a key pipeline that carries refined products into central Pennsylvania, two sources told Reuters.

Panel: New, stronger regulator for Canada energy projects

CALGARY, Alberta (Reuters) -- Canada should reverse the approval process for major energy projects, putting them through federal review before a final decision by new regulatory bodies, an official panel recommended on Monday.

Pembina Pipeline, Petrochemical Industries sign JV for integrated polypropylene facility

CALGARY -- Pembina Pipeline Corporation announced that it, along with Petrochemical Industries Company K.S.C. of Kuwait, has reached key milestones for the previously announced proposed integrated propylene and polypropylene production facility in Sturgeon County, Alberta.