Crude oil
Canada govt, industry to spend $51 MM on oil sands clean tech projects
CALGARY, Alberta (Reuters) -- The Canadian and Alberta governments and three energy companies said on Thursday they will spend $51.14 MM to develop three new clean technology projects, aimed at cutting costs and carbon emissions in the country's oil sands.
Venezuela's main refining complex working at 43% of capacity
(Reuters) -- The Paraguana Refining Center, which includes Venezuela's two largest refineries, is working at 43% of its installed capacity of 955,000 bpd, according to internal reports from its operator, state-run PDVSA, seen by Reuters on Wednesday.
US customs agency withdraws Obama-proposed changes to Jones Act
WASHINGTON (Reuters) -- US Customs and Border Protection has withdrawn an Obama-era proposal to modify a law that governs shipping, which would have revoked waivers that make it easier for oil and gas operators to skirt restrictions, according to an agency bulletin published Wednesday.
Dakota Access Pipeline spilled oil 84 gal of oil in S. Dakota
NEW YORK (Reuters) -- The Dakota Access Pipeline leaked 84 gallons of crude oil at a pump station in South Dakota last month, according to state documents, just weeks before the pipeline is set to start commercial service.
Wintershall says in talks with Libya to resolve oil export dispute
TUNIS (Reuters) -- Libya's oil production is running at above 800,000 bpd for the first time since 2014, the National Oil Corporation (NOC) said on Wednesday, but a commercial dispute with German oil firm Wintershall has shut in a further 160,000 bpd.
Shell proposes adding Russian oil to Brent benchmark
LONDON (Reuters) -- Royal Dutch Shell on Wednesday urged oil pricing agency S&P Global Platts to protect the dated Brent crude benchmark from declining North Sea supply by including other grades, such as Russian Urals, in its price-setting process.
EIA: Higher US crude output to cap oil prices through 2018
NEW YORK (Reuters) -- Higher crude output from the United States should limit any upside to global oil prices through the end of 2018, the US government said on Tuesday, ahead of a meeting of major oil producers later this month to discuss extending supply cuts.
Russia boosts Urals oil flow to India as OPEC cuts output
MOSCOW (Reuters) -- Russia has steeply raised Urals oil supplies to India, taking market share from OPEC countries that are cutting production as part of a global pact to prop up prices, traders said and shipping reports showed on Wednesday.
Calumet announces launch of uninhibited transformer oil
INDIANAPOLIS -- Calumet Specialty Products Partners, L.P., an independent producer of specialty hydrocarbon and fuel products, announced the launch of CALTRAN 60-00 Group U, a product that is the company's first uninhibited transformer oil.
EIA: New pipeline infrastructure should accommodate rise in Permian oil
As crude oil production in the Permian Basin of western Texas and eastern New Mexico has increased, pipeline infrastructure has also increased to deliver this crude oil to demand centers on the US Gulf Coast.
- Transition Industries signs agreements for the Pacifico Mexinol Project, an ultra-low carbon chemical production facility 7/3
- Bangkok Airways introduces SAF on commercial flights 7/3
- EcoCeres secures SAF contract with British Airways to help reduce carbon emissions 7/3
- Air Liquide to invest up to $200 MM in Louisiana, U.S. to support industrial growth 7/3
- MOL completes the acquisition of LBC Tank Terminals 7/3
- BHP awards charter contracts for two ammonia dual-fueled vessels 7/3
