U.S.
Brookfield Infrastructure announces the acquisition of Colonial Enterprises for $9 B
Brookfield Infrastructure Partners L.P. and its institutional partners reached a definitive agreement to acquire 100% of Colonial Enterprises, which includes the Colonial Pipeline, for an enterprise value of approximately $9 B. Colonial is comprised of the largest refined products system in the U.S., spanning approximately 5,500 miles between Texas and New York.
PBF restarts some units at Martinez refinery after February fire; fire-damaged units remain shut
PBF Energy is restarting several refinery process units at the Martinez facility that were shut after a fire broke out in February. The process will take approximately two weeks
Japan to curb gasoline prices from June to cushion U.S. tariff blow
Japan's ruling coalition agreed to curb gasoline prices to help cushion households against wider economic pain stemming from U.S. tariffs
Oil, gas and refined product imports exempted from Trump’s sweeping tariffs
The exemption will come as a relief to the U.S. oil industry, which had expressed concerns that new levies could disrupt flows and raise costs on everything from Canadian crude oil serving Midwest refineries to European cargoes of gasoline and diesel to the eastern seaboard.
Lummus completes successful startup of electric heater demonstration unit
Lummus Technology announced the successful startup of its SRT-e™ commercial demonstration unit. The milestone validates the heating system components and controls at a commercial scale.
ENEOS, A.P. Møller Holding and Maersk agree to invest $100 MM in C2X to advance green methanol portfolio
ENEOS has signed an investment agreement with C2X to advance the development of the Beaver Lake Renewable Energy project in Louisiana to FID and to further develop its global green methanol project portfolio.
Ergon to invest $400 MM to expand gasoline production at Vicksburg refinery (U.S.)
Ergon Refining Inc. has announced plans to invest $400 MM to expand processing capabilities at our Vicksburg, Mississippi, refinery to include gasoline production, which is expected to come online during the first quarter of 2027.
U.S. EPA's upcoming proposal on biofuel blending mandates to cover two years
The U.S. Environmental Protection Agency plans to release a proposal on biofuel blending mandates that covers two years worth of mandates, instead of a proposal that covers three years
ExxonMobil to invest more than $100 MM in Baton Rouge upgrade to produce high-purity isopropyl alcohol
ExxonMobil announced its plans to invest more than $100 MM in facility upgrades to produce high-purity isopropyl alcohol, a critical material for semiconductor chip manufacturing in the U.S.
Blue Tide, Shell Lubricants complete re-refining facility to develop high-performance lubricants
The fully operational Baytown Facility features one of the largest hydrotreaters in the re-refining industry, enabling Blue Tide to produce and sell high-quality Group II+ base oils.
- China's Wanhua Chemical starts operation at new east China cracker 4/4
- Brookfield Infrastructure announces the acquisition of Colonial Enterprises for $9 B 4/4
- PBF restarts some units at Martinez refinery after February fire; fire-damaged units remain shut 4/4
- Japan to curb gasoline prices from June to cushion U.S. tariff blow 4/4
- Evonik presents innovative "Debonding on Demand" concept for more sustainable bonding 4/3
- Oil, gas and refined product imports exempted from Trump’s sweeping tariffs 4/3
