Crude oil
Japan's oil refiners scale back decarbonization efforts, refocus on fossil fuels
Japanese oil companies are scaling back decarbonization initiatives, including hydrogen and ammonia projects, amid a global shift towards more stable and cost-effective fossil fuels.
U.S. and Europe drive global power emissions higher so far in 2025
The world's largest power polluter, China, made its biggest cut to power emissions since 2020 so far this year, but global power emissions have still held largely flat due to higher fossil fuel power generation in the United States and Europe.
EIA: U.S. crude stocks rise with bigger imports, fuel inventories fall
U.S. crude stocks rose as the nation imported more oil, while gasoline and distillate inventories fell last week ahead of summer driving season.
U.S. imposes sanctions on companies it says sent Iranian oil to China
The U.S. Treasury Department on Tuesday imposed sanctions on more than 20 companies in a network that it said has long sent Iranian oil to China, days after negotiators from Iran and the United States concluded a fourth round of nuclear talks.
LanzaJet and BioD announce feasibility study for SAF plant in Colombia
LanzaJet and BioD announced the launch of a feasibility study to develop the first sustainable aviation fuel (SAF) production plant in Colombia, setting a milestone as one of the pioneering SAF production initiatives in the Latin American region.
Mexico's Pemex plans to export less crude oil as new refinery starts up
The trading arm of Mexico's state company Pemex, PMI, is anticipating a reduction in crude oil exports this year as more will be sent to local refineries, especially the new Olmeca refinery.
Ionikylation unit at PetroChina's Dagang refinery reaches 1,000 days of continuous operation
PetroChina Dagang Petrochemical Company has reached the milestone of 1,000 continuous days of operation for its 150,000-tpy Ionikylation unit.
Traders rebrand Venezuelan oil for China as Brazilian
Traders have rebranded more than $1 B of Venezuelan oil shipments to China as Brazilian crude over the past year, according to two tanker tracking firms, helping buyers to cut logistics costs and circumvent U.S. sanctions.
Japan's Eneos to ramp up investment in LNG, SAF while slowing hydrogen
Japan's top oil refiner, Eneos Holdings, plans to increase investment in low-carbon energy such as liquefied natural gas (LNG) and sustainable aviation fuel (SAF), while slowing efforts in cleaner alternatives like hydrogen.
ReCarbon, Emerging Fuels Technology sign collaboration agreement to produce sustainable aviation fuels
ReCarbon Inc. and Emerging Fuels Technology (EFT) announced the signing of a five-year TCA to develop, test and integrate their respective technologies for the production of SAF.
- AVTL to develop ammonia terminal in Pipavav, India 6/20
- Chevron seeks buyers for 50% stake in Singapore refinery 6/20
- Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict 6/20
- Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade 6/20
- Italy's Eni eyes new unit to manage oil refineries 6/20
- Inatech's Techoil implemented by Flint Hills Resources for a modern, integrated future 6/20
