Americas
BASF Monomers achieves a key sustainability milestone: certified sustainable products now globally accessible
With its MDI production site in Geismar, Louisiana, (U.S.) joining the ranks of ISCC PLUS and REDcert2-certified locations, BASF can now offer its customers regionally produced ISCC PLUS and/or REDcert2 certified isocyanates and polyamides all over the world.
Koch Modular advances clean technology through additional pilot study with ReGen III
Koch Modular Process Systems, a market-leading provider of engineered and fabricated modular mass transfer systems for the chemical processing industry, announces the commencement of additional pilot testing to expand ReGen III Corp.'s Molecular Separation Unit capabilities.
Reduced refinery activity puts upward pressure on gasoline and diesel prices
Although U.S. retail average prices for gasoline and diesel are below 2023 prices for this time of year, decreasing regional inventories for the major U.S. refining regions increased retail prices for both fuels last month.
Return of U.S. oil sanctions would clip Venezuela's output gains, analysts say
A possible reimposition of U.S. oil sanctions on Venezuela next month would stagnate the OPEC-member country's crude output, wiping out the small gains it has achieved in recent years.
Bunge Chevron Ag Renewables to build new oilseed processing plant in Louisiana (U.S.)
Bunge and Chevron announced approval of a final investment decision for their joint venture Bunge Chevron Ag Renewables LLC to build a new oilseed processing plant adjacent to its existing processing facility located on the Gulf Coast in Destrehan, LA (U.S.).
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.
- Brazil's Timbro to export 40% more sugar, enter ethanol market in 2024 4/24
- LG Chem denies report it will merge naphtha cracker business with Lotte Chemical 4/24
- Crude and gasoline stocks fell, distillate stocks rose last week, EIA says 4/24
- INERATEC secures state-of-the-art catalysts from Sasol for the production of sustainable e-fuels 4/24
- JX to join forces with Sumitomo at large scale SAF/BECCS project in Louisiana (U.S.) 4/24
- WestJet buys first Canadian-supplied SAF by Shell Aviation 4/23
