Americas
US gasoline margins hit 1-year low on oversupply fears
NEW YORK (Reuters) -- US gasoline margins fell by more than 11% early on Friday, hitting one-year lows as record inventories and signs of weakening demand dampen expectations and upend trade flows.
Meridian Energy signs MoU for the purchase, distribution of refinery products
BELFIELD, North Dakota – Meridian Energy Group, Inc., the leading developer of innovative solutions for a cleaner, environmentally-compliant oil refinery, announced today that it has recently entered into Memoranda of Understanding with local and regional petroleum product distribution firms, under which these firms will purchase and distribute up to 268 million gallons per year of refined products from the Davis Refinery, Meridian’s greenfield refinery proposed for Billings County, near Belfield, ND.
Study reveals cybersecurity readiness gaps in US oil and gas industry
A survey of US oil and gas cybersecurity risk managers indicates that the deployment of cybersecurity measures in the industry isn’t keeping pace with the growth of digitalization in oil and gas operations. In a study from the Ponemon Institute – The State of Cybersecurity in the Oil & Gas Industry: United States – just 35% of respondents rated their organization’s operational technology (OT) cyber readiness as high.
Governor orders evacuation of Dakota pipeline protest camp
(Reuters) -- The governor of North Dakota ordered protesters on Wednesday to evacuate a demonstration camp near the site of the Dakota Access Pipeline in the latest move to clear the area that has served as a base for opposition to the multibillion dollar project.
Crews clean up small illegal crude oil dump in Saskatchewan
CALGARY, Alberta (Reuters) -- Crews have cleaned up 95% of what appears to be an intentional crude oil spill from a large transport vehicle into a ditch near Lloydminster, Saskatchewan, local authorities said on Wednesday.
Fuel sales in Brazil fell 4.5% in 2016
RIO DE JANEIRO (Reuters) -- Brazilian fuel sales fell to 135 billion liters in 2016, down 4.5% compared to the previous year, led by a sharp drop in sales of hydrate ethanol, national oil agency ANP said on Thursday.
Republican Senator opposes Pruitt for US EPA chief
WASHINGTON (Reuters) -- Republican US Senator Susan Collins of Maine said on Wednesday she would oppose Oklahoma Attorney General Scott Pruitt's nomination to head the Environmental Protection Agency, citing his numerous lawsuits against the agency.
EIA: US crude and gasoline stockpiles hit record highs
(Reuters) -- US crude oil and gasoline inventories soared to record highs last week as refineries cut output and gasoline demand softened, the Energy Information Administration said on Wednesday.
DuPont, Lundberg to offer pollution control systems for refineries, petchem plants
PARSIPPANY, N.J. – Belco Technologies Corporation, a DuPont company, and Lundberg, LLC, a Dustex company, have signed an agreement to collaborate on the supply of air pollution control systems on an exclusive basis around the world. The partnership applies to air pollution control systems for refining and petrochemical plants, as well as to coke calciners associated with refining and petrochemical plants, and is valid for 10 years.
API: SEC can achieve transparency without harming American companies, workers
WASHINGTON – API President and CEO Jack Gerard welcomed President Trump’s decision to rescind the Securities and Exchange Commission’s (SEC) rule implementing Section 1504 of the Dodd-Frank Act.
- 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
