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Americas

Saudi exports to US to fall by 300,000 bpd in March

DUBAI (Reuters) -- Saudi Arabia's crude exports to the United States in March will fall by around 300,000 bpd from February, in line with OPEC's agreement to reduce supply, a Saudi energy ministry official said on Thursday.

Vitol reports record volumes as gasoline trade booms

(Reuters) -- Vitol's annual traded volumes rose 16% in 2016 to a new record as the world's largest independent energy trader sold more gasoline and diesel in markets such as the United States and Australia.

TransCanada gets presidential permit for Keystone XL pipeline

(Reuters) -- TransCanada Corp said on Friday the US Department of State issued a presidential permit for the construction of the Keystone XL oil pipeline, a project blocked by former President Barack Obama.

Shell reluctant to part with California refinery amid asset sale

NEW YORK (Reuters) -- Royal Dutch Shell is in talks with several potential buyers for its refinery outside of San Francisco, but the Anglo-Dutch oil giant is reluctant to part with its last asset in California, three people familiar with the process say.

US National Biodiesel Board petitions against 'illegal' biodiesel imports

(Reuters) -- The National Biodiesel Board said on Thursday it has filed a petition to the US government to investigate imports from Argentina and Indonesia, saying they have violated trade laws by flooding the US market with dumped, subsidized biodiesel.

California regulator to vote on United States' strictest methane rule

(Reuters) -- California's air pollution regulator is due to hold a vote on Thursday on methane emission regulations that it says would be the strictest in the United States in controlling the second-most prevalent greenhouse gas in the atmosphere.

Canada's Enbridge to cut 1,000 jobs after buying Spectra

CALGARY, Alberta (Reuters) -- Canada's Enbridge Inc said on Wednesday it would cut about 1,000 positions, or 6% of its work force, after buying Spectra Energy Corp of Houston, the first layoffs for the combined energy infrastructure company, the biggest in North America.

Venezuelans line up for gasoline as OPEC nation's oil industry struggles

CARACAS/PUNTO FIJO, Venezuela (Reuters) -- Grumbling Venezuelans were lining up for scarce gasoline across the OPEC nation on Wednesday, due to mounting oil industry woes in the country with the world's largest crude reserves.

EIA: US crude stockpiles at record high as imports surge

(Reuters) -- US crude oil stocks rose to a fresh record last week, the Energy Information Administration said on Wednesday, as a surge in imports and rising domestic production more than offset a hike in refinery runs.

Oxea awards Jacobs contract for propanol expansion project

DALLAS -- Jacobs Engineering Group Inc. has been awarded a construction management contract from Oxea Corporation for a Propanol Expansion project at its manufacturing site at Bay City, Texas. Propanol is used to manufacture products such as cosmetics and pharmaceuticals, printing inks, coatings and adhesives.