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Democratic presidential hopeful Klobuchar proposes revamping EPA ethanol rules

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WASHINGTON (Reuters) – Democratic presidential hopeful Amy Klobuchar on Saturday called for revamping the Environmental Protection Agency’s (EPA) rules governing how refineries use ethanol in gasoline products, a proposal aimed at the politically critical state of Iowa. FILE PHOTO: U.S. Senator Amy Klobuchar declares her candidacy for the 2020 Democratic presidential nomination in Minneapolis, Minnesota, Read More

Belt and Road to boost China’s growth over next four decades

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China’s Belt and Road Initiative (BRI) will likely provide significant business opportunities to global economies, according to participants of the 8th China Business Forum in London. They said that the world’s second largest economy, China, is poised to grow strongly in the next two to four decades thanks to the BRI. “Growth is going to Read More

Trudeau’s pipeline expansion gets boost from court ruling

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By Natalie Obiko Pearson on 5/24/2019 Photo: Canada Prime Minister Justin Trudeau. VANCOUVER (Bloomberg) — Prime Minister Justin Trudeau’s bid to complete the controversial Trans Mountain pipeline expansion has received a British Columbia top appeals court ruling that states that the province doesn’t have the jurisdiction to restrict shipments of oil-sands crude. Premier John Horgan’s Read More

Sembcorp Marine completes world’s biggest semi-submersible crane vessel for Heerema

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5/24/2019 Photo: Sembcorp Marine’s world’s heaviest semi-submersible crane vessel, Sleipnir. SINGAPORE — The world’s biggest semi-submersible crane vessel (SSCV) is set to blaze a trail when it enters into service in the coming months, armed with the strongest pair of revolving cranes for offshore oil, gas and renewable energy installation and decommissioning jobs. Named after Read More

Germany monitoring oil supplies closely as Russian pipeline outage drags on

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London — Germany is not planning to tap its strategic oil reserves but is monitoring the local fuel supply situation closely, the country’s economy economic and energy ministry said Friday, faced with at least another month without piped Russian crude imports. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Read More

Shell Midstream Partners, L.P. Announces Proteus and Endymion Transports First Oil from Shell-operated Appomattox in the Gulf of Mexico

1 day ago DieselGasoil Comments Off on Shell Midstream Partners, L.P. Announces Proteus and Endymion Transports First Oil from Shell-operated Appomattox in the Gulf of Mexico
Houston, May 24, 2019 (GLOBE NEWSWIRE) — Shell Midstream Partners, L.P. (NYSE: SHLX) announced today that the systems owned by Proteus Oil Pipeline Company LLC (“Proteus”) and Endymion Oil Pipeline Company LLC (“Endymion”) increased volumes of crude oil from the startup of the Shell-operated Appomattox floating production system via the newly commissioned Mattox Pipeline (“Mattox”), Read More

Japan steps up imports from Ecuador to replace Iranian crude

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Highlights Ecuadorian oil imports in May to be about 2.7 mil barrels Fuji Oil buys Napo as main basis to replace Iranian Heavy Tokyo — Some Japanese refiners have stepped up imports of crude from Ecuador because of the need to replace Iranian oil, with a fully-laden VLCC arriving in Tokyo Bay in the coming Read More

Light PBOC touch makes once unlikely yuan at 7/$ seem possible

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SHANGHAI (Reuters) – As China’s yuan slips to historically weak levels against the dollar, the central bank’s atypical light touch is spurring speculation that policymakers want to be more judicious in their intervention and have no specific target for the currency. FILE PHOTO: A China yuan note is seen in this illustration photo May 31, Read More

In Vietnam’s booming energy sector coal reigns, but renewables play catch-up

1 day ago DieselGasoil Comments Off on In Vietnam’s booming energy sector coal reigns, but renewables play catch-up
HANOI/SINGAPORE (Reuters) – Vietnam has become a hot spot for energy investors eying a spend of up to $150 billion over the coming decade to meet surging power demand, with coal set to dominate despite signs of a government effort to go green. FILE PHOTO: Power-generating windmill turbines are pictured at a wind park in Read More

China aims to relocate 80% of toxic chemical producers after blast: report

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FILE PHOTO: Rescue workers are seen at the site at the pesticide plant owned by Tianjiayi Chemical following an explosion, in Xiangshui county, Yancheng, Jiangsu province, China March 23, 2019. REUTERS/Aly Song SHANGHAI (Reuters) – China aims to relocate more than 80% of its hazardous chemical production capacity by the end of next year, state Read More