Refining
Canada's Suncor Q2 report shows increased refinery throughput and refined product sales
So far Suncor is tracking above the high end of its forecasts for 2024 oil production, refining throughout and refined product sales, Kruger told analysts on an earnings call.
Exxon's Joliet, Illinois (U.S.) refinery restarts units, ramps up production
ExxonMobil has restarted select units at its 251,800-bpd refinery in Joliet, Illinois, three weeks after it lost power following a storm.
Canada's Suncor on track to exceed 2024 oil production, refinery guidance
Canada's Suncor Energy could exceed its 2024 guidance on oil production and refinery throughput.
U.S. DOE awards $41 MM for renewables-to-liquids/chemicals projects
The U.S. Department of Energy announced $41 MM for 14 projects to develop technologies, renewables-to-liquids, for harnessing renewable energy to produce liquids for sustainable fuels or chemicals.
Marathon to run refineries at 90% of combined capacity in Q3
U.S. crude oil refiner Marathon Petroleum plans to operate its 13 refineries at 90% of their combined 3 MMbpd capacity in the third quarter.
U.S. EPA says it is auditing biofuel producers' used cooking oil supply
The U.S. Environmental Protection Agency has launched investigations into the supply chains of at least two renewable fuel producers amid industry concerns that some may be using fraudulent feedstocks for biodiesel to secure lucrative government subsidies.
Environmental groups sue Suncor for Colorado refinery pollution
Environmental groups filed a lawsuit against Suncor Energy on Tuesday, alleging that pollution from the company's Commerce City refinery in Colorado has resulted in long-lasting harm to surrounding communities.
U.S. imports of renewable diesel increased in the early months of 2024
In the first five months of 2024, U.S. imports of renewable diesel averaged 30,000 bpd, approaching the monthly record set in May 2023.
Marathon Petroleum's profit beats as volume boost offsets weak refining margins
Marathon Petroleum beat second-quarter profit estimates, as higher volume of crude processing and a strong midstream segment helped offset low refining margins, sending the shares of the top U.S. refiner up 4.9% before the bell on Tuesday.
Saudi's small crude price hike for Asia shows bigger concerns
Asia's beleaguered oil refiners have received welcome relief on two fronts as crude prices slide and top supplier Saudi Arabia offered some relief.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
