Americas
U.S. crude, gasoline stockpiles rise as refiners run less oil
U.S. crude oil stockpiles jumped last week as refinery utilization dropped, while gasoline inventories posted a surprise build.
Petoskey Plastics receives NOL from FDA for food-contact PCR-LLDPE
Petoskey Plastics has received a No Objection Letter from the U.S. Food and Drug Administration confirming the capability of its secondary recycling process to produce post-consumer recycled linear, low-density polyethylene material that is suitable for food-contact applications.
Market prices for Renewable Fuel Standard credits are falling
The prices of ethanol and biomass-based diesel renewable identification number credits—the compliance mechanism used for the Renewable Fuel Standard program administered by the U.S. Environmental Protection Agency—each fell by more than one third between September 1 and October 16.
ExxonMobil licenses fluid bed methanol-to-gasoline technology to Aramco for synthetic fuel demonstration plant in NEOM, Saudi Arabia
ExxonMobil Catalysts and Licensing LLC has licensed its advanced fluid bed Methanol-to-Gasoline technology to Aramco for a demonstration scale unit to be located in NEOM’s Hydrogen Innovation and Development Center.
Mexico restricts imports of dozens of petroleum and petrochemical products
Mexico has put restrictions on the import of dozens of refined petroleum and petrochemical products to curb fuel theft and adulteration including certain types of gasoline and diesel, jet fuel and additives.
Saudi minister says oil firm acquisitions show that hydrocarbons 'here to stay'
Saudi Energy Minister Prince Abdulaziz bin Salman said that acquisitions by major oil firms such as Chevron's $53 B all-stock deal to buy Hess showed that hydrocarbons were here to stay.
Grace launches PARAGON FCC catalyst technology for more sustainably produced fuels
W.R. Grace & Co. announced its latest innovation in a long line of breakthroughs in catalyst technology for helping refiners produce transportation fuels and lower their carbon footprint.
Trafigura seeks to charter tanker to export Venezuelan fuel oil
Global commodities trader Trafigura is seeking to charter at least one large tanker to export Venezuelan fuel oil, a move that follows this week's easing of U.S. sanctions on the OPEC country's energy industry.
Navigator CO2 Ventures cancels carbon-capture pipeline project in U.S. Midwest
Navigator CO2 Ventures has canceled its Heartland Greenway pipeline project aimed at capturing 15 Mmt of carbon dioxide annually from Midwest ethanol plants and storing it permanently underground citing "unpredictable" state regulatory processes.
Louis Dreyfus to construct Ohio (U.S.) soy crush plant for food, feed, and biofuel
Global crop merchant Louis Dreyfus Company will build a new soybean processing plant in the U.S. state of Ohio adding to a boom in oilseed crush investments in North America encouraged by biofuel use.
- HIF Global selects Johnson Matthey’s methanol technology for the largest e-methanol plant in South America 5/16
- BASF expands its biomass balance portfolio for selected chemical intermediates 5/16
- INEOS Inovyn launches next-generation recycling pilot plants to strengthen Europe’s PVC recycling 5/16
- How Europe reduced its greenhouse gas emissions in 2023 5/16
- Plug signs contract with Allied Green Ammonia to supply H2 for planned ammonia facility in Australia 5/16
- HSBC to arrange funds for $1.49-B expansion project at Vietnam's Binh Son refinery 5/16
