Americas
US Senate votes to let Navy keep buying biofuels
In its vote, the Senate rejected a measure introduced earlier this year by Sen. James Inhofe (R., Okla.) that would have banned the military from buying any fuel that costs more than traditional fuel. That measure would have prevented the Pentagon from buying small batches of pricey biofuels.
Foster Wheeler acquires Canadian engineering company Three Streams
Three Streams is a multi-discipline full service engineering, procurement, and construction management company with upstream and downstream projects located in Western Canada. It has approximately 450 employees. Financial terms of the acquisition were not disclosed.
BP suspended from new US government contracts
The move has an immediate impact on BP. The suspension will prevent the company from buying new oil-drilling leases or other government contracts until the company can provide sufficient evidence that it meets federal business standards, the Environmental Protection Agency said Wednesday.
Motiva to restart expanded Port Arthur refinery
Motiva, a joint venture of Shell and Saudi Aramco, opened the $10bn expansion in May, making the combined 600,000-bpd refinery the largest in the US before a chemical accident forced its main crude distillation unit to close.
US monthly chemicals output nudges higher – ACC
Chemical production rose in all regions except the Mid-Atlantic, Northeast and West Coast, which declined. Within the manufacturing sector, output in several key chemistry end-use markets increased, the ACC noted, including appliances, aerospace and structural panels.
Oil industry seeks repeal of US ethanol standard
A fight is brewing over a federal law requiring ethanol in gasoline, and the battle intensified Tuesday when the API said it will request that Congress repeal the statute. The law requires refiners to blend billions of gallons of ethanol into gasoline, with the goal of using 36 billion gallons by 2022.
Petrobras enlists Citigroup to sell Houston refinery
Petrobras has enlisted Citigroup to shop its 100,000 bpd Houston-area refinery, sources said, as the Brazilian state-run oil company continues to shed assets to help fund offshore drilling back home. A sale of the 100,000-barrel-a-day refinery will likely result in a loss for the company.
Enbridge forms US venture to ship Bakken crudes
The Enbridge joint venture with Canopy will be the largest unit-train facility able to receive crudes from North Dakota, where production is booming, directly into Philadelphia-area refineries. By early next year, its Bakken expansion program will add 200,000 bpd of export pipeline capacity.
North American sales of natural gas vehicles seen lagging through 2019
While many markets in Europe and Latin America continue to struggle with expanding refueling infrastructure quickly enough to meet the needs of both consumers and fleets, the adoption of NGVs is still growing rapidly. North America, however, continues to lag.
AFPM files petition for 2013 biodiesel volumes
The rule increased the volume of biomass-based diesel from 1 billion to 1.28 billion gallons.
- ABB wins a contract to support the electrification of Azerbaijan oil and gas terminal facility 7/22
- Gasoline cars banned ride-hailing platforms in Beijing 7/22
- bp-chartered tanker leaves port of Nayara Energy without loading diesel 7/22
- Britain's Lindsey oil refinery to close after no buyer found 7/22
- Europe's chemical industry seeks a lifeboat to stay in business 7/21
- BlackRock-led group set to invest in $10 billion Aramco Jafurah infrastructure deal 7/21
