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Americas

EIA: Crude stocks down, though inventories up again in Cushing

(Reuters) -- US crude stocks fell last week as refineries hiked output, while gasoline stocks increased and distillate inventories fell, the Energy Information Administration said on Wednesday.

Evonik to build silica plant in South Carolina

Evonik Industries is building a production plant for precipitated silica in the US state of South Carolina to supply the tire industry. The industry needs high-quality precipitated silica for producing fuel-efficient tires with good wet grip properties, which can save up to 8% fuel in comparison to conventional car tires.

Trump's energy pick Perry likely a boost for oil, worry for environmentalists

WASHINGTON (Reuters) -- US President-elect Donald Trump on Wednesday formally named former Texas governor Rick Perry to lead the Department of Energy, adding to the list of oil-drilling advocates skeptical about climate change filling out his Cabinet selections.

Leaked report says slack management exposed BP to high safety risk

LONDON (Reuters) -- BP's refining operations are exposed to high safety risks that can lead to deadly accidents and pollution as a result of slack management and a lack of investment, according to a leaked internal report from 2015.

Sinclair Casper Refining pays $655K in cleanup costs to EPA

DENVER -- Sinclair Casper Refining Company has paid $655,000 to reimburse the US Environmental Protection Agency for response costs incurred at the Empire State Oil Company Refinery Site in Thermopolis, Wyoming. The company entered into a settlement agreement with EPA for the recovery of past costs associated with the cleanup of the site, including the removal of asbestos, in September. EPA received payment last week.

EIA: Biomass-based diesel growth due to final 2017 RFS targets

On Nov. 23, the US Environmental Protection Agency (EPA) issued its final rule for the 2017 Renewable Fuel Standard (RFS) program year, with higher targets than those initially proposed in May. EPA increased both the advanced biofuels and total renewable fuel targets while keeping the cellulosic biofuel and biomass-based diesel targets unchanged.

Rick Perry a leading candidate for US energy post

NEW YORK (Reuters) -- Rick Perry, who proposed eliminating the US Energy Department during his unsuccessful bid for the 2012 Republican presidential nomination, has emerged as a leading candidate to head the agency under President-elect Donald Trump, a transition official said on Sunday.

Technip, Chemetry sign cooperation agreement for EDC technology

Technip and Chemetry have signed an exclusive cooperation agreement for the licensing and engineering of Chemetry’s eShuttle technology for the production of ethylene dichloride (EDC). EDC is a commodity chemical produced worldwide and used primarily for PVC plastic production.

Linde starts up carbon dioxide plant in Texas

BRIDGEWATER, N.J. -- Linde North America announced the start-up of its new carbon dioxide (CO2) plant in Fort Worth, Texas. The 250 tpd plant is supplying CO2 for food and beverage producers, chemical manufactures as well as a variety of industrial companies in Texas.

ExxonMobil CEO is now Trump's secretary of state favorite

GRAND RAPIDS, Mich., Reuters -- ExxonMobil Corp Chief Executive Officer Rex Tillerson emerged on Friday as President-elect Donald Trump's leading candidate for US secretary of state, a senior transition official said.