Americas
REXA establishes Canadian subsidiary
West Bridgewater, MA – REXA announces that it has established REXA Canada, a subsidiary dedicated to improving customer service, technical support, and parts availability for Canadian customers in the oil and gas, refining, power generation, metals and mining industries.
European gasoline arb to US East Coast widens; freight rates limit flows
(Reuters) -- US gasoline prices recently soared to multiyear seasonal highs over European prices, setting the stage for more imports from across the Atlantic, but high freight costs mean not everyone will be able to take advantage of the arbitrage opportunity.
Brazil's Petrobras raises diesel prices by an average 6.1%
SAO PAULO (Reuters) -- Brazilian state-controlled oil company Petróleo Brasileiro SA increased diesel prices at refineries by 6.1% on average with immediate effect, citing higher oil prices and a stronger real currency.
EIA: US set to become energy exporter by 2026
NEW YORK (Reuters) -- The United States is projected to become a net energy exporter over the next decade due to rising natural gas exports and falling petroleum product imports, the US Energy Information Administration said on Thursday.
US crude stocks fall sharply, products surge
(Reuters) -- US crude oil inventories fell sharply as higher refining runs prompted a surge in gasoline and distillate stocks in the last week of 2016, the Energy Information Administration said on Thursday.
LyondellBasell plans to retain Houston refinery after asset review
NEW YORK (Reuters) -- LyondellBasell said on Thursday that it would retain its Houston-area refinery following a review of strategic options for the business.
US EPA seeks to ban Genscape from verifying biofuel credits
NEW YORK (Reuters) -- The US Environmental Protection Agency wants to revoke Genscape's ability to verify biofuels compliance credits after regulators say it failed to detect a massive fraud perpetrated by companies it was monitoring.
LanzaTech awarded $4 MM from DOE for low carbon facility
CHICAGO, IL -- Carbon recycling company, LanzaTech has been selected by the Department of Energy’s Bioenergy Technologies Office (BETO) to receive a $4 million award to design and plan a demonstration-scale facility using industrial off gases to produce 3 MMgpy of low carbon jet and diesel fuels.
5th Circuit enforces six-month time limit on OSHA violations
(Reuters) -- A federal appeals court overturned workplace safety sanctions against a Texas oil refinery, ruling that the Occupational Safety and Health Administration cannot penalize employers for violations of a chemical safety rule that happened more than six months earlier.
US refiners face severe labor shortage for deferred maintenance
(Reuters) -- After years of running flat out, US Gulf Coast refiners are lining up repairs to plants in 2017 -- but facing a severe labor shortage that could delay work, drive up costs and raise accident risks.
- CNOOC completes construction on $2.9-B, 1.8-MMtpy integrated complex in east China 8/22
- bp's Whiting refinery (U.S.) continues to flare days after severe thunderstorm 8/22
- Bachmann introduces latest version M-Target for Simulink 8/22
- U.S. to rule on biofuel waivers, but big oil refiners may need to wait 8/22
- Chinese independent refiner Hongrun buys Canadian, Brazilian crude 8/22
- Ukrainian attack suspends Russian oil flows to Hungary, Slovakia 8/22
