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April 21 (Reuters) - The Limetree Bay refinery in St. Croix, U.S. Virgin Islands, has resumed producing fuel following an entire plant shutdown earlier this month, two sources familiar with the matter said on Wednesday.
Shipping data reviewed by Reuters indicates that the refinery is producing vacuum gas oil and ultra-low-sulfur diesel. The plant halted operations earlier this month due to an undisclosed operational issue. (Reporting by Laura Sanicola; Editing by Leslie Adler)
By Reuters Staff
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April 21 (Reuters) - Canadian National said on Wednesday it had notified the U.S. Surface Transportation Board of its intent to buy Kansas City Southern after it made an unsolicited $30 billion bid for the U.S. railroad.
Canadian National had informed the STB, which oversees freight rail service and rates in the United States, that it plans to file an application, seeking permission to combine with Kansas City Southern, the company said.
The notice commences a regulatory process should Kansas City Southern accept Canadian National’s offer, it added.
The company’s offer trumps a $25 billion bid made by rival Canadian Pacific for Kansas City Southern in March.
By Reuters Staff
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SINGAPORE (Reuters) -BHP Group Ltd said on Thursday it completed its first refuelling of a ship with biofuel this month in a trial run that is part of its efforts to reduce carbon emissions.
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It was also the first time that a ship has been refuelled with biofuel in Singapore, the world’s largest bunkering hub.
A biofuel blend derived from certified sustainable feedstock sources such as cooking oil, crude tall oil and sewage sludge was used on April 4 to refuel the 81,000 deadweight tonne dry bulk carrier Kira Oldendorff which was on its way from Australia to Europe.
Analysts expect crude imports to slow in Q2 March fuel exports at 6.83 mln T vs 5.3 mln T in Feb (add analysts comment)
BEIJING, April 13 (Reuters) - China’s crude oil imports jumped 21% in March from a low base of comparison a year earlier as refiners ramped up operation amid robust fuel demand post-COVID-19, though purchases slowed ahead of the maintenance season.
The world’s top crude oil buyer imported 49.66 million tonnes last month, equivalent to 11.69 million barrels per day (bpd), data from the General Administration of Customs showed on Tuesday.
March imports were down from 11.73 million bpd in February.
For the first quarter, arrivals totalled 139.23 million tonnes, or 11.29 million bpd. That compared to 10.2 million bpd over the same period a year earlier.
Nearly half of all oil pipelines from the Permian basin, the biggest U.S. oilfield, are expected to be empty by the end of the year, analysts and executives said.