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Monday, September 18, 2017VOLUME 13 ISSUE 38
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Motiva Declares Force Majeure

Last Tuesday, Motiva declared Force Majeure on all grades of STAR base oils produced at its plant in Port Arthur, Texas, effective immediately, stating that deliveries will be disrupted due to damage from Hurricane Harvey.


[FULL STORY]

BP and Bridas to Form New Integrated Energy Company

BP last Monday announced that it has agreed with Bridas Corporation to form a new integrated energy company by combining their interests in the oil and gas producer Pan American Energy and the refiner and marketer Axion Energy. Axion Energy markets lubricants and derivative petrochemicals in Argentina.


[FULL STORY]

China Plans to Ban Production and Sale of Diesel and Petrol Cars and Vans

China, the world's biggest car market, plans to ban the production and sale of diesel and petrol cars and vans. The country's vice minister of industry said it had started "relevant research" but that it had not yet decided when the ban would come into force.


[FULL STORY]

Mazda to Introduce Compression Ignition Gasoline Engine

Mazda Motor Corp. has disclosed plans to introduce a next-generation engine called Skyactiv-X in 2019, the world’s first commercial gasoline engine to use compression ignition, in which the fuel-air mixture ignites spontaneously when compressed by the piston.


[FULL STORY]

Venezuela Arrests Top Oil Exec, Eight Other PDVSA Employees

Reuters has reported that Venezuela has arrested Gustavo Malave, the state oil company's boss for the western region and eight other executives at PDVSA, according to an internal company memo and a half-dozen sources in the OPEC member's oil industry.


[FULL STORY]




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