Americas
U.S. crude stocks rise, gasoline and distillate inventories fall
U.S. crude stocks rose as oil refiners took in less oil, following extreme cold weather that knocked out utilization last month, the Energy Information Administration reports.
API launches Standards Subscription Service
The American Petroleum Institute is pleased to announce the latest addition to the API Webstore - the new Standards Subscription Service which offers Webstore customers unlimited, 24/7 access to API’s comprehensive suite of safety standards and technical documents for use across their organization.
Exxon raises Guyana's oil production to about 645,000 bpd
A consortium led by Exxon Mobil Corp which controls all oil production in Guyana is pumping about 645,000 bpd in the South American country, up from about 400,000 bpd in late 2023.
Venezuela to begin 20-day maintenance at smallest refinery
Venezuela has received all the parts it needs to begin a maintenance program at the 146,000-bpd El Palito refinery, with work expected to take about 20 days.
ITT to provide highly engineered pump systems and aftermarket services
ITT Inc. announced the company has signed a three-year agreement for the supply of API-610 centrifugal pump systems and related products and engineered services to ExxonMobil, one of the world’s largest international energy and petrochemical companies.
Aether Fuels & GTI Energy partner for sustainable aviation and shipping fuels
Aether Fuels and GTI Energy announced a partnership and global exclusive licensing agreement to commercialize a scalable and economical solution to produce sustainable fuels from low-value and abundant waste streams.
U.S. Energy Department selects Delek's refinery for pilot carbon capture project
Delek US Holdings said the U.S. Department of Energy has selected its Big Spring refinery for a pilot carbon capture project and would provide up to $95 MM of federal funding to support its development.
Sugar Valley Energy bio-refinery to address SAF market
Valley Energy, a new 160-acre bioenergy campus planned in California’s Imperial Valley, intends to produce SAF for the airline industry.
Enerkem to retire its Edmonton Biofuels facility
Enerkem announced that it will be retiring its Enerkem Alberta Biofuels plant in Edmonton.
LyondellBasell beats Q4 profit estimates as lower ethane costs benefit
LyondellBasell LYB.N beat Wall Street estimates for fourth-quarter profit on Friday, on stable demand for its chemicals in the U.S. polyethylene market.
- HIF Global and German eFuel One GmbH sign HoA for e-methanol offtake 2/20
- Venezuela's refineries boost processing to 35% of capacity 2/20
- New Trinidad gas projects could provide necessary feedstock for country's petchem and LNG sectors 2/20
- MK-Polymer delivers ethylene-propylene rubber to JSC Kazenergokabel 2/20
- Mexican authorities shut down 22-m long tunnel used in illegal smuggling of fuel supplies 2/20
- Digital Feature: First-stage ejector nozzle retrofit achieves meaningful performance improvement 2/20
