U.S.
U.S. liquid fuels groups announce progress on E15, small refinery exemption reform
In a letter to President Donald Trump, the organizations urged policymakers to advance legislation in support of a stable, efficient fuels marketplace.
Million Air and Avfuel bring SAF to Austin, Texas (U.S.)
This marks the first SAF location in Texas for both companies, offering a consistent supply of SAF specifically for the airport’s business and general aviation traffic.
U.S. okays transactions with Lukoil gas stations outside Russia through late April
The transactions for about 2,000 stations throughout Europe, Central Asia, the Middle East and the Americas, were authorized through April 29, 2026.
EIA: U.S. crude and fuel inventories climb, refining activity picks up
Crude inventories rose by 574,000 bbl to 427.5 MMbbl in the week ended November 28, the EIA said, compared with analysts' expectations in a poll for an 821,000-bbl draw.
U.S.: Trump proposes slashing fuel economy rules in boost for gas vehicles
Trump's action aims to undo one of Biden's signature climate moves as he sought to incentivize more electric vehicle purchases.
Valero plans CDU upgrades at Port Arthur, Texas (U.S.) refinery in February
Among the improvements will be upgrades to processing of bottoms - heavy, gunky residual crude oil that is usually sent to the coker or used in asphalt.
Amber Energy plans to hold on to Citgo refineries after takeover
A Delaware court last week approved Amber's $5.9-B bid for Citgo's parent PDV Holding and ordered the sale of PDV's shares, wrapping up an auction aimed at compensating creditors for debt defaults and expropriations in Venezuela.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5

