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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.

Verbio commences biorefinery conversion project in Indiana (U.S.)

Verbio has begun converting its South Bend ethanol plant into a cutting-edge biorefinery. With a groundbreaking ceremony, Verbio aims to integrate renewable natural gas (RNG) and bioethanol production through innovative methods.

Spain's Repsol receives U.S. license for Venezuela oil, gas projects

Spain's Repsol has received a license from the U.S. Treasury Department authorizing the energy company to continue and expand its oil and gas business in Venezuela.

LyondellBasell collaborates with CORADIN and Dermalogica to optimize post-consumer resin

LyondellBasell has collaborated with CORADIN and Dermalogica to create a more sustainable solution for the GREENIS® Dispenser, leveraging its innovative CirculenRecover solution for the award-winning packaging.

TPC Group fined $30 MM over 2019 Texas (U.S.) blasts that caused evacuations

TPC Group was fined more than $30 MM over blasts at its Port Neches petrochemical plant in Texas (U.S.) that prompted thousands of people to be evacuated in 2019.

Executive Viewpoint: Petrochemicals transition, operational sustainability and new pathways for light olefins production

Honeywell UOP: Couch, K.

Welcome to Hydrocarbon Processing’s Executive Series. In this enhanced video platform, the editors speak with the operators and technology leaders and suppliers that are optimizing the global hydrocarbon processing industry (HPI).

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