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CITGO enters EV space with pilot program in Michigan (U.S.)

CITGO Petroleum Corporation, along with longtime Marketer Folk Oil Company, recently launched an electric vehicle charging pilot program designed to meet the needs of EV drivers in Battle Creek, Michigan.

Topsoe ammonia technology to boost Approtium's hydrogen production in South Korea

Topsoe has signed an engineering agreement with Approtium to deliver its proven ammonia cracking technology, H2RETAKE, converting low-carbon ammonia, also referred to as blue ammonia, back into hydrogen.

Aircastle announces investment commitment to SAF fund

Aircastle Limited announced that it has made an investment commitment to the United Airlines Ventures' Sustainable Flight Fund.

U.S. refinery M&A stalls as buyers shun aging assets, uncertain future

The U.S. oil industry saw nearly $200 B in upstream deals last year, but the refining sector missed out despite plenty of willing sellers as the energy transition away from fossil fuels accelerates and casts doubt over the long-term value of aging U.S. refineries.

Marathon's Detroit refinery workers aim to work out contract without strike, union says

Teamsters, one of America's biggest unions, said it wants to negotiate a new contract with Marathon Petroleum for its members at the Detroit refinery without having to go on a strike.

Heidelberg Materials North America announces latest step in Edmonton CCUS Project

Heidelberg Materials North America announced a significant milestone in its two-stage competitive procurement process as it works to select the capture technology and contractor for providing the CO2 separation solution for its Edmonton, Alberta, Carbon Capture, Utilization, and Storage Project.

Lake Charles Methanol announces plan for new $3.2-B manufacturing plant in Southwest Louisiana

Lake Charles Methanol II, LLC announced plans to invest $3.24 B to construct a new manufacturing plant that will produce low-carbon intensity methanol and other chemicals at the Port of Lake Charles.

Natixis joins United Airlines as corporate partner with investments in expansion of SAF

Natixis Corporate & Investment Banking announced its investment in the United Airlines Ventures Sustainable Flight Fund - the first of its kind venture fund focused on funding startups dedicated to scaleup of SAF production through advancing technology and sustainable feedstock development

U.S. crude stocks rose while gasoline and distillate inventories fell

U.S. crude stocks rose while gasoline and distillate inventories fell in the week ending February 9, 2024 the Energy Information Administration said.

EE North America and Montauk Renewables forge agreement for biogenic CO2 delivery

In a pivotal move towards sustainable energy solutions, EE North America and Montauk Renewables, Inc. have signed a long-term contract for the delivery of 140,000 tpy of biogenic CO2 over a minimum 15-year term.

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