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Americas

Emissions model for SAF will be ready 'in the very near future', says EPA administrator

Revisions to a key emissions model for SAF feedstocks will be ready "in the very near future," said U.S. Environmental Protection Agency Administrator Michael Regan in Philadelphia.

Chevron invests in carbon capture and removal technology company, ION Clean Energy

Chevron New Energies, a division of Chevron U.S.A. Inc., announced a lead investment in ION Clean Energy, a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system. ION raised $45 MM in Series A financing led by CNE.

Henkel closes acquisition of specialized supplier for protective coating and sealing solutions

Henkel has successfully completed the acquisition of the U.S.-based Seal for Life Industries LLC from Arsenal Capital Partners.

thyssenkrupp Uhde and Genesis Fertilizers announce contract for conceptual design study for reduced-emission fertilizer plant in Canada

thyssenkrupp Uhde and Genesis Fertilizers Limited Partnership have signed a Pre-FEED contract to conceptually develop an integrated fertilizer complex to be located at Belle Plaine, Saskatchewan in Canada.

NextChem and Vallourec to merge green ammonia tech with hydrogen storage for "Power-To-X" projects

Maire announces that NextChem, through its subsidiary NextChem Tech, and Vallourec, agreed to cooperate on the integration of NextChem’s proprietary green ammonia technology with Vallourec’s Delphy hydrogen storage technology and its subsequent commercialization.

Phillips 66 on track to achieve full renewable diesel production at Rodeo facility

Independent U.S. oil refiner Phillips 66 said it is in the final stages of converting an oil refinery in California into a renewable fuel plant with a capacity of 50,000 bpd by the end of the second quarter of 2024.

Parkland's Burnaby Refinery safely returned to normal operations

Parkland Corporation announced that the Burnaby refinery safely returned to normal operations on March 29, 2024, following an unplanned shutdown originating from extreme cold weather on January 12, 2024.

U.S. petroleum product exports set another record high in 2023

Petroleum product exports from the U.S. averaged a record 6.1 MM bpdy in 2023, an 2.5% increase from 2022, according to EIA's Petroleum Supply Monthly.

Southwest Airlines acquires SAFFiRE Renewables and strengthens focus on sustainability

Southwest Airlines Co. announced the acquisition of SAFFiRE Renewables, LLC as part of the investment portfolio of its wholly owned subsidiary Southwest Airlines Renewable Ventures, LLC which is dedicated to creating more opportunities for Southwest to obtain scalable SAF.

Greece arrests member of gang that raked in $21 B from fuel-product smuggling

Greek authorities have arrested a senior member of an international gang that smuggled Latin American fuel products for illegal sale around the world, raking in an estimated profit of more than $21 B.