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United Kingdom

Erwin Seba

U.S. refiners planning major plant overhauls in second quarter

11:18am BST

HOUSTON U.S. oil refiners are planning a heavy slate of plant overhauls in the second quarter, with total production this month off 8.5 percent compared with the start of the year, according to data from the U.S. Energy Information Administration.

U.S. West Coast gasoline imports from Europe set for record April

16 Apr 2019

NEW YORK, April 16 Gasoline imports into the U.S. West Coast from Europe are set to hit a record in April as area refinery shutdowns have tightened supplies and boosted prices, Refinitiv Eikon ship data showed on Tuesday.

Value of U.S. oil deals plunges 93 percent in first quarter as investors demand higher returns

04 Apr 2019

HOUSTON The value of U.S. oil and gas mergers and acquisitions fell to a 10-year low in the first quarter, according to data released on Thursday, as investors pushed shale producers that have driven a recent merger boom to focus on lifting shareholder returns rather than production.

U.S. investigators to begin hunt for cause of Texas petrochemical disaster

02 Apr 2019

HOUSTON U.S. investigators hope this week for the first time to enter the site of a massive fuel fire and chemical spill outside Houston to begin the hunt for a cause and to determine whether the operator followed safety regulations.

Texas sues fuel tank company over Houston chemical fire, aftermath

27 Mar 2019

HOUSTON Texas officials on Tuesday sued owners of a Houston area petrochemical storage facility over a fire last week, alleging violations of environmental laws and seeking damages to cover response costs for the disaster that burned for days, releasing chemicals into the air and waterways.

Texas sues fuel tank company over Houston chemical fire, aftermath

27 Mar 2019

HOUSTON, March 27 Texas officials on Tuesday sued owners of a Houston area petrochemical storage facility over a fire last week that burned for days, alleging violations of environmental laws and seeking damages to cover response costs for the disaster that released chemicals into the air and waterways.

Coast Guard still limits traffic at Houston Ship Channel, 56 vessels wait

26 Mar 2019

HOUSTON Restrictions at the busiest U.S. energy port on Tuesday continued to affect nearby refineries and slow efforts to end a shipping bottleneck after a massive petrochemical fire and spill near Houston halted vessel traffic for several days.

RPT-FOCUS-Stalled Aramco IPO sets back deal-making at U.S. subsidiary Motiva

26 Mar 2019

HOUSTON, March 26 Saudi Aramco's delayed initial public offering is sidelining grand North American expansion plans at its U.S. refining subsidiary Motiva Enterprises LLC, people familiar with the matter said, at a time when its rivals grew their market share.

Stalled Aramco IPO sets back deal-making at U.S. subsidiary Motiva

26 Mar 2019

HOUSTON Saudi Aramco's delayed initial public offering is sidelining grand North American expansion plans at its U.S. refining subsidiary Motiva Enterprises LLC, people familiar with the matter said, at a time when its rivals grew their market share.

Texas refineries cut output as petrochemical spill curbs shipping

25 Mar 2019

HOUSTON Royal Dutch Shell Plc and LyondellBasell Industries cut production on Monday at their Houston-area oil refineries because of shipping disruptions along a waterway affected by a petrochemical fire and spill, according to people familiar with the matter.

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