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Americas

US EPA denies petition to waive advanced biofuels requirements

NEW YORK (Reuters) -- US environmental regulators have denied a request from oil refiners to waive some of their advanced biofuels use requirements from 2016, in what is likely to be one of the Obama administration's final decisions on the controversial program.

Braskem starts up new US polyethylene plant

LA PORTE, Texas – Braskem, the largest thermoplastics resins producer in the Americas, announced the startup of its new UTEC Ultra High Molecular Weight Polyethylene (UHMWPE) production plant at its La Porte, Texas site. Braskem sells high-performance UHMWPE under the trade name UTEC, developed and produced through Braskem's proprietary technologies.

Additech launches diesel fuel additive test market

HOUSTON – Additech announced the pilot market testing of a newly developed additive engineered specifically for diesel fuel, Additech Diesel Guard. The pilot test will begin on Jan. 23 at eight retail locations in five states in the US that provide a cross-section of seasonal driving conditions.

Novozymes cuts jobs, says US policy, Monsanto deal pose risks

COPENHAGEN (Reuters) -- Enzymes maker Novozymes will cut 198 jobs and invest more in emerging markets, it said on Wednesday, adding it could time take to recapture past growth rates amid uncertainty over US renewable energy policy and the takeover of a key partner.

Oil price slides on prospect of rising US production

LONDON (Reuters) -- Oil prices fell on Wednesday on expectations that US producers would boost output, just as OPEC signaled that a global supply-reduction deal will shrink the oil glut this year.

Operations at Venezuela oil terminal 'recovered' after oil spill

CARACAS (Reuters) -- Shipping operations at one of three docks of Venezuela's main crude exporting port have "recovered" after a "minor" oil spill occurred over the weekend, state oil company PDVSA said on Wednesday, without saying how big the spill was.

US crude discount to Brent widens on Trump tax talk, OPEC

NEW YORK (Reuters) -- US oil prices hit their biggest discount to global benchmark Brent crude in five months on Tuesday as President-elect Donald Trump said an oil import tax plan would be too complex and as a global deal to reduce supply hits Middle East output.

Operations at Venezuelan oil terminal halted by spill

(Reuters) -- Shipping operations at one of three docks of Venezuela's main crude exporting port were halted after an oil spill occurred while loading a vessel bound for India, union and shipping sources told Reuters on Tuesday.

Neste, Bioenergy La Tuque to start R&D on utilizing forest residues in biofuel

Neste and Bioenergy La Tuque have started R&D cooperation with the objective of studying the potential of using forest residues as a raw material in biofuel production in La Tuque, Canada.

Mexico's Pemex imports first diesel cargo via train from US

MEXICO CITY (Reuters) -- Mexico's state oil company Pemex began receiving imported fuel by train at a new privately run terminal for the first time in January as companies expand storage and transportation operations under the country's energy opening, a senior executive said in an interview.