Americas
US refiners bet on strong exports to balance market
NEW YORK (Reuters) -- US refiners have come out of maintenance season betting that big exports to Mexico and South America will help alleviate high product inventories and boost margins as the critical summer driving season nears.
Judge says Exxon owes $19.95 MM for Texas refinery pollution
(Reuters) -- A federal judge ruled on Wednesday that ExxonMobil Corp should pay a $19.95 MM penalty for pollution from its Baytown, Texas, refining and chemical plant complex between 2005 and 2013.
Republican lawmakers urge Trump to weaken Paris climate pact pledge
WASHINGTON (Reuters) -- A group of nine Republican lawmakers urged President Donald Trump to keep the United States in the 2015 Paris climate agreement but to reduce its pledge to cut greenhouse gas emissions, as Trump advisors were set on Thursday to discuss whether to leave the pact.
Maiden Bakken oil cargo to Asia ships out, with more to come
NEW YORK (Reuters) -- The first ever reported export of North Dakota's crude oil to Asia left port last month, according to a shipping document seen by Reuters on Wednesday, in what is expected to be the first of numerous cargoes once the key Dakota Access pipeline starts moving oil in May.
Marathon Petroleum posts surprise profit as pipeline unit delivers
(Reuters) -- Marathon Petroleum Corp reported a surprise quarterly profit on Thursday as the refiner earned more from its pipelines and storages business.
Lubrizol selects Jacobs for EPC services at polyisobutylene unit
DALLAS -- Jacobs Engineering Group Inc. has been selected by Lubrizol to provide engineering, procurement and construction (EPC) services for Lubrizol’s new Polyisobutylene (PIB) unit in Deer Park, Texas.
US crude inventories fall, products build as refining jumps
(Reuters) -- US crude oil inventories fell sharply and stockpiles of gasoline and distillates jumped last week as refineries hiked production rates to the highest since November 2015, the Energy Information Administration said on Wednesday.
Daimler says diesel probes could result in penalties, recalls
FRANKFURT (Reuters) -- Daimler on Wednesday reiterated that recent steps by United States authorities to investigate diesel emissions pollution and so-called auxiliary emission control devices could lead to significant penalties and vehicle recalls.
Europe lures rare diesel cargoes from US East Coast
LONDON/NEW YORK (Reuters) -- US East Coast refineries are stepping up exports of diesel despite a regional deficit of the fuel as strong overseas demand, particularly in Europe, is proving more profitable.
State prosecutors urge Trump not to withdraw from Paris accord
NEW YORK (Reuters) -- More than a dozen state prosecutors urged President Donald Trump in a letter on Tuesday not to withdraw from the Paris Climate Agreement, which commits the United States, along with 200 other countries, to reducing its greenhouse gas emissions in an attempt to slow global warming.
- SkyNRG starts construction on its first SAF plant in Delfzijl, the Netherlands 2/13
- India's Reliance wins U.S. license for Venezuelan oil 2/13
- Singapore light distillates stocks hit over 3-yr high on robust imports 2/13
- TotalEnergies booked loss in France due to refining activities, CEO says 2/13
- Slovakia says Druzhba oil supplies interrupted, expected to resume in coming days 2/13
- YPF, Eni and XRG sign joint development agreement advancing 12-MMtpy Argentina LNG project 2/12
