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ICE refined products crack spreads weaken as USGC refiners return, post-Imelda

1 hour ago DieselGasoil Comments Off on ICE refined products crack spreads weaken as USGC refiners return, post-Imelda
New York — ExxonMobil ramps up Beaumont Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Energy Transfer’s Nederland terminal returns USGC well-supplied Refined products crack spreads weakened Friday as refinery operations were returning in the US Gulf Coast in the aftermath of Tropical Depression Imelda. The ICE front-month ULSD Read More

Special Report: The three young women racing to defuse a climate-change bomb

11 hours ago DieselGasoil Comments Off on Special Report: The three young women racing to defuse a climate-change bomb
OVER THE NORWEGIAN SEA, Norway(Reuters) – Banking hard over the whitecaps off the west coast of Norway, the jetliner flying Dominika Pasternak and her fellow scientists descends so sharply that it seems for a moment as if the crew is about to ditch them all in the drink. FILE PHOTO: Kathryn Bennett, a postgraduate student Read More

US & Australia to unveil rare earths plan to challenge China’s dominance

12 hours ago DieselGasoil Comments Off on US & Australia to unveil rare earths plan to challenge China’s dominance
US President Donald Trump and Australian Prime Minister Scott Morrison are expected to reveal a plan on Friday aimed at securing the supply of rare earth minerals. The plan will be announced on growing concerns in the US that China could cut off shipments of the vital commodities. The country is the world’s largest processor Read More

China reveals new PHOTOS of strange substance from dark side of the moon

12 hours ago DieselGasoil Comments Off on China reveals new PHOTOS of strange substance from dark side of the moon
China’s Yutu-2 lunar rover has beamed back more images of the “colored mysterious substance” it discovered in a small crater on the dark side of the moon, which has captivated the scientific community since July. The team behind China’s Chang’e-4 mission, which operates the Yutu-2 rover, claimed the unusual “gel-like” material’s “shape and color is Read More

‘Catastrophic flooding’ threatens heart of Texas oil industry

13 hours ago DieselGasoil Comments Off on ‘Catastrophic flooding’ threatens heart of Texas oil industry
Flooding from a tropical storm hit the Houston area on Thursday, with some calling the situation worse than Hurricane Harvey. Heavy rainfall inundated the Texas coast, flooding Houston and Beaumont, home to massive oil refining, petrochemical and export facilities. The storm was downgraded to just a tropical depression, but those classifications only measure wind speed. Read More

Crude oil futures move higher on Imelda storm concerns

19 hours ago DieselGasoil Comments Off on Crude oil futures move higher on Imelda storm concerns
Singapore — Crude oil futures rose during mid-morning trade in Asia Friday, finding support from bullish US products futures as Tropical Depression Imelda in Texas pushed prices higher. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:15 am in Singapore (0215 GMT), ICE Brent November crude futures rose Read More

Storm disrupts U.S. Gulf Coast energy operations from refineries to terminals

23 hours ago DieselGasoil Comments Off on Storm disrupts U.S. Gulf Coast energy operations from refineries to terminals
HOUSTON (Reuters) – Energy infrastructure on the U.S. Gulf Coast was hit hard by Tropical Storm Imelda on Thursday, as flooding forced a major refinery to cut production and a key oil pipeline, terminals and a ship channel in Texas were shut, according to sources familiar with operations. Torrential rain has inundated the Gulf Coast Read More

Refined products rally as storm disrupts USGC refinery operations

1 day ago DieselGasoil Comments Off on Refined products rally as storm disrupts USGC refinery operations
New York — NYMEX refined products futures jumped Thursday as Tropical Depression Imelda disrupted refinery operations in Texas. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Front-month RBOB settled 4.30 cents higher at $1.7007/gal, while front-month ULSD settled 3.16 cents higher at $2.0049/gal. The rally caused crack spreads to Read More

Pesticides or random coincidence? Mystery lingers over NEW CASES of babies born with hand and arm defects in Europe

1 day ago DieselGasoil Comments Off on Pesticides or random coincidence? Mystery lingers over NEW CASES of babies born with hand and arm defects in Europe
Authorities are at a loss to explain why several babies born in a west German province have similar hand deformities. One hospital, where three such cases were seen, described the baffling phenomenon as “striking.” With “no nationwide registry” to keep track of deformities, the St. Mary’s Hospital in Gelsenkirchen, near Dortmund, has admitted it is Read More

Exxon shuts Beaumont, Texas refinery, others cut back due to storm: sources

1 day ago DieselGasoil Comments Off on Exxon shuts Beaumont, Texas refinery, others cut back due to storm: sources
HOUSTON (Reuters) – Exxon Mobil Corp shut its 369,024 barrel per day (bpd) Beaumont, Texas, crude oil refinery on Thursday because of flooding from Tropical Storm Imelda, sources familiar with plant operations said. Other refineries in southeast Texas cut back production as heavy rain continued to fall for a second day from Houston to western Read More