Americas
Venezuela's May oil exports rise 30% during U.S. wind-down period
Venezuela's oil exports recovered in May from a low figure the previous month as state oil company PDVSA's customers rushed to take cargoes ahead of the resumption of U.S. sanctions on the South American country.
Next Wave Energy starts up world's first standalone alkylation complex
Next Wave Energy Partners selected Elessent Clean Technologies, Inc. (Elessent) in 2019 to provide STRATCO® alkylation technology at the world’s first stand-alone alkylation complex.
Lummus Technology launches new renewable dimethyl ether technology
Lummus Technology announced the commercial availability of CDDME, a new renewable dimethyl ether (DME) technology that is enhanced through catalytic distillation (CD).
Oil prices ease on US gasoline demand worries, economic data
Oil prices eased about 1% on worries over weak U.S. gasoline demand and economic data that could cause the U.S. Federal Reserve to keep interest rates higher for longer.
QatarEnergy announces 15-yr urea supply agreement with Koch Fertilizer
QatarEnergy signed a long-term urea supply agreement with Koch Fertilizer for up to 740,000 tpy of urea.
ConocoPhillips to acquire Marathon Oil Corporation for $22.5 B
ConocoPhillips and Marathon Oil Corporation announced today that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 B.
U.S. Gulf Coast imports of straight-run fuel oil at record as global supply jumps
Imports of straight-run fuel oil (SRFO) to the U.S Gulf Coast were set to climb to record levels this month as Mideast and African suppliers ramped up exports and U.S. refiners scrambled for heavy feedstocks.
U.S. biodiesel imports have doubled since 2022
Annual U.S. biodiesel imports doubled from 2022 to 2023 to 33,000 bpd and continued to rise in the first two months of 2024.
Brazil's Raizen launches second-generation ethanol plant, mulls new contracts
Brazil's Raizen inaugurated its second cellulosic ethanol plant as part of a plan in which four more production units will be opened by the 2025/26 harvest.
Colonial pipeline (U.S.) halts some fuel deliveries for maintenance
The Colonial Pipeline, the largest refined fuel pipeline in the U.S., conducted system maintenance on Thursday that required a temporary halt of some deliveries.
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- Day 2 of WGLC 2024 begins with Chevron speaker’s inspiring, relatable message 11/21
- MOL Group, KazMunayGas partner on exploring petrochemical production 11/21
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- Solvay uses waste wood to power soda ash and bicarbonate plant in Germany 11/21
- Syensqo expands U.S. production capacity for advanced polymers 11/21
