Americas
Refiner Phillips 66 cuts 2017 capital budget by 25%
(Reuters) -- US independent oil refiner Phillips 66 said it lowered its capital budget for 2017 by about 25% to $2.7 billion.
Saudis order oil cuts to US, Europe before non-OPEC talks
VIENNA/SINGAPORE (Reuters) -- Saudi Arabia has told its US and European customers it will reduce oil deliveries from January as Russia signaled that a commitment from non-OPEC producers to join OPEC's output limits still faced challenges.
API CEO says he looks forward to working with Trump’s EPA administrator
WASHINGTON – API President and CEO Jack Gerard released the following statement on President-elect Donald Trump’s nomination of Oklahoma Attorney General Scott Pruitt to serve as the next administrator of the Environmental Protection Agency (EPA).
US renewable fuel credit prices drop after news of Trump's EPA pick
NEW YORK (Reuters) -- US renewable fuel credits used to comply with the country's biofuels requirements slumped on Thursday, continuing the previous session's decline on news that President-elect Donald Trump had picked a critic of environmental regulation to lead the Environmental Protection Agency (EPA).
ACC: US chemical industry continues to outpace industrial output
WASHINGTON – The business of American chemistry is strong, and getting stronger, according to the American Chemistry Council’s (ACC) “Year End 2016 Chemical Industry Situation and Outlook,” released today. Despite a contraction this year, US chemical production (excluding pharmaceuticals) is expected to realize overall growth of 1.6% in 2016, followed by 3.6% growth next year, and 4.8% in 2018.
Cheniere Energy, Inc. ends negotiations to acquire Cheniere Energy Partners LP Holdings, LLC
HOUSTON -- Cheniere Energy, Inc. announced today that it has terminated negotiations with the conflicts committee of the board of directors of Cheniere Energy Partners LP Holdings, LLC regarding Cheniere's previously announced non-binding proposal to acquire all of the publicly held shares of Cheniere Partners Holdings not already owned by Cheniere in a stock-for-stock merger transaction.
Quantum Energy Canadian refinery site under contract
Quantum Energy, Inc., announced that its wholly owned subsidiary, Dominion Energy Processing Group, Inc., has contracted for its proposed refinery site in the Stoughton, Saskatchewan area.
Canada set to agree on carbon price, marking climate split with Trump
OTTAWA (Reuters) -- Canada's government and 10 provinces are set to agree a national carbon price on Friday, doubling down on a bid to cut greenhouse gas emissions just weeks before avowed climate change skeptic Donald Trump becomes US President.
Trump to nominate Pruitt to lead US environmental agency
WASHINGTON (Reuters) -- US President-elect Donald Trump will nominate Oklahoma Attorney General Scott Pruitt, a critic of federal environmental regulation, to lead the Environmental Protection Agency, his transition team said on Thursday.
CLG’s biofuels technology fuels US Navy test flight
RICHMOND, CA – Chevron Lummus Global (CLG) announced the deployment of its Biofuels ISOCONVERSION technology in a US Navy test flight. The US Navy EA-18G Green Growler test flight recently took place at the Naval Air Station Patuxent River, Maryland, and used ReadiJet (CHCJ-5) technology for fuel—a product derived from CLG’s Biofuels ISOCONVERSION process.
- 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
