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Crude oil

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.

Indonesia eyes cut in fuel imports from Singapore in favor of U.S. as part of tariffs negotiations

Indonesia plans to change the source of some of its fuel imports from Singapore to the United States as part of negotiations over steep tariffs.

Vietnam's Binh Son refinery signs deal with SOCAR Trading for crude oil supplies

Vietnam's Binh Son Refining and Petrochemical said it had signed an agreement with Azerbaijan's SOCAR Trading for long-term crude oil supplies.

Mexico's Pemex reports leaks in oil pipeline to Dos Bocas terminal

Mexico's state energy firm Pemex said that it had addressed two leaks in a pipeline that transports oil from its Akal-C platform to the Dos Bocas Maritime Terminal in the southern state of Tabasco.

New Mediterranean IMO fuel rule helps bring more Doba crude to Europe

Dutch and German oil refineries have snapped up all four cargoes of Chadian Doba crude in April to profit from soaring demand for cleaner marine fuel in Europe from shipping companies including Maersk. Heavy, sweet Doba grade is particularly suitable for making ultra-low sulfur fuel oil (ULSFO) with a maximum sulfur content of 0.1%.

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