Americas
Delta Air to sell gasoline and diesel as losses at its refinery climb
NEW YORK (Reuters) -- Delta Air Lines Inc is preparing to market gasoline from a refinery it owns outside Philadelphia, signaling a shift in strategy toward managing the plant as a commercial refiner rather than a dedicated jet fuel supplier.
Organization urges Buffett's Berkshire to sell fossil fuel investments
(Reuters) -- A Nebraska nonprofit on Friday said it will propose that Warren Buffett's Berkshire Hathaway Inc. sell its investments in oil refiner Phillips 66 and other companies involved in fossil fuels over 12 years.
Calumet completes facility expansion, partners with BP
INDIANAPOLIS – Calumet Specialty Products Partners, L.P. today announced that it has partnered with BP Lubricants USA to begin blending Castrol Motor Oil in its newly expanded blending and packaging facility in Shreveport, LA. The company will officially announce the partnership at a ceremony on Dec. 5 at the facility.
FMC, Technip announce Brazilian antitrust clearance of merger
HOUSTON and PARIS – FMC Technologies, Inc. and Technip today announced that the pending combination between the companies has received a clearance decision issued by the General Superintendent of the Administrative Council for Economic Defense (CADE), the Brazilian antitrust authority. The decision is subject to a 15-day waiting period.
ACC launches center to support companies, new chemical safety act
WASHINGTON – The American Chemistry Council (ACC) announced the creation of the Center for Chemical Safety Act Implementation, a scientific, technical and advocacy hub that will assist companies with the implementation of the Frank R. Lautenberg Chemical Safety for the 21st Century Act (LCSA), bipartisan legislation enacted to modernize the Toxic Substances Control Act (TSCA).
US EPA, Canyon Plastics come to agreement about Clean Water Act violations
LOS ANGELES — The US Environmental Protection Agency has reached an agreement with Canyon Plastics, Inc. to resolve federal Clean Water Act violations. The company has corrected the deficiencies found at its facility in Valencia, Calif., and obtained a stormwater permit. In addition to paying a $19,000 penalty, Canyon Plastics has committed to install new recycling equipment at a cost of $292,000.
CITGO Launches the STEM educational program
HOUSTON -- To increase access to educational opportunities in science, technology, engineering and math (STEM), CITGO Petroleum Corporation is launching a new social responsibility program, the CITGO STEM Talent Pipeline, for students enrolled in elementary school through post-secondary education – and beyond.
Brazil's Braskem close to leniency deal in US, Brazil
SAO PAULO (Reuters) -- Brazil's petrochemical company Braskem SA said in a securities filing on Friday it was "in advanced talks" with authorities in Brazil and the United States related to a corruption investigation known as "Operation Carwash."
Industry Perspectives: New downstream project announcements drop 35% in 2016
According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, nearly 470 new projects have been announced in the downstream hydrocarbon processing industry over the past two years. New project announcements have fallen from 285 in 2015 to 185 in 2016. This trend analysis represents a year-over-year decrease of approximately 35%.
Editorial Comment: Hydrocarbon Processing forecasts $321 B in total HPI spending in 2017
What is the state of the global hydrocarbon processing industry (HPI)? Which regions and sectors are seeing growth, and which are stagnant, or possibly shrinking? These were some of the questions that <i>Hydrocarbon Processing</i> editors tackled at the 43rd Annual <i>Hydrocarbon Processing</i> Forecast Breakfast.
- 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
