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Americas

Biden administration (U.S.) says to finalize SAF climate model revisions within weeks

The Biden administration (U.S.) will finalize revisions to its climate model for SAF feedstocks in the coming weeks, a White House official said.

Brazil, Guyana, Suriname eye more cooperation in oil and gas

Brazil, Guyana and Suriname have agreed to deepen discussions on cooperation in the oil and gas sector, according to a joint statement released by the countries after a meeting between their presidents.

Venezuela's February oil exports rise, but shipping delays persist

Venezuela's oil exports slightly increased in February to some 670,000 bpd, but ongoing shipping delays worsened a bottleneck of tankers waiting to load, according to documents and vessel monitoring data.

U.S. Gulf Coast fuel oil imports hit five-year low as domestic supplies jump

Imports of fuel oil bound for the U.S. Gulf Coast fell to a five-year low last month as refiners ran more cheap, heavy Canadian crude and geopolitical tensions in the Middle East pressured fuel oil flows.

API strengthens piping inspection standards with new updates

The American Petroleum Institute announced the release of the fifth editions of API 570, Piping Inspection Code: In-service Inspection, Rating, Repair, and Alteration of Piping Systems; and Recommended Practice 574, Inspection Practices for Piping System Components, two foundational standards for safeguarding piping systems used in the global refining and petrochemical industries.

Seeq announces generative AI capabilities with Seeq AI assistant

Seeq has unveiled the Seeq AI Assistant, a generative AI resource embedded across its industrial analytics platform.

Idemitsu joins JV for clean ammonia production project in Lake Charles, Louisiana (U.S.)

Idemitsu Kosan has agreed with Mitsubishi Corporation and Proman to participate in the development of the proposed clean ammonia production project in Lake Charles, Louisiana, (U.S.).

Biden-Harris administration (U.S.) allocates $366 MM to reduce energy costs and boost security in rural areas nationwide

As part of President Biden’s Investing in America agenda, the U.S. Department of Energy announced more than $366 MM for 17 projects across 20 states and 30 Tribal Nations and communities to accelerate clean energy deployment in rural and remote areas across the country.

U.S. biofuel credit prices hit 3-year low, expected to stay weak, EIA says

U.S. biomass-based diesel and ethanol compliance credit prices have slumped to three-year lows on declining feedstock costs and are set to stay low as renewable diesel output rises.

ACC comments on 45V clean hydrogen production tax credit proposal

The American Chemistry Council issued the following statement after submitting comments to the Internal Revenue Service in response to the Section 45V Clean Hydrogen Production Tax Credit Notice of Proposed Rulemaking.