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U.S. crude stockpiles fall as refining picks up, fuel inventories build, EIA says

U.S. crude oil stockpiles fell unexpectedly last week as refining activity ticked higher, while gasoline and distillate inventories posted surprise builds.

Trump says he wants Keystone XL oil pipeline to be built

Republican U.S. President Donald Trump said on Monday he wanted the Keystone XL Pipeline built and pledged easy regulatory approvals for the crude oil project, which was opposed for years by environmentalists before its permit was revoked by the Biden administration.

HYCO1 celebrates groundbreaking for new DMC/EMC plant in Louisiana (U.S.)

UBE Corporation announced that it held a groundbreaking ceremony for a dimethyl carbonate (DMC) and ethyl methyl carbonate (EMC) plant near New Orleans, Louisiana.

Oxford Flow secures ES valve order worth nearly $1 MM with bp in the U.S.

Oxford Flow, the flow control equipment specialist, has secured its largest order to date, valued at nearly $1 MM, for its ES stemless axial flow valves. The order from bp is a significant milestone in Oxford Flow’s expansion in the U.S. market.

API pushes U.S. for national ethanol policy after EPA okays Midwest expansion

The American Petroleum Institute (API) trade group on Monday pressed for a nationwide policy on higher-ethanol blends of gasoline after President Donald Trump's administration said on Friday it would move ahead with expanded sales of the product in certain Midwestern states.

U.S. piles pressure on Iraq to resume Kurdish oil exports

U.S. President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face sanctions alongside Iran.

Resynergi secures $18 MM to accelerate plastic recycling innovation

Resynergi has raised $18 MM in Series B extension funding led by Taranis, the investment and asset management company of Perenco Group.

U.S. refiners mull switch to alternative lighter crudes amid Trump tariff fears

Top U.S. refiners are poised to seek alternative sources for heavy, sour crudes, including running more domestic grades, as they await clarity around U.S. President Donald Trump's threatened tariffs on imports from the nation's top crude suppliers Canada and Mexico.

HF Sinclair posts bigger-than-expected loss as refining margins shrink

U.S. refiner HF Sinclair on Thursday posted a bigger-than-expected loss for the fourth quarter, becoming the latest energy company to take a hit from weak refining margins and rising global capacity.

U.S. oil, biofuel groups unite to urge new Trump EPA to boost biofuel mandates

U.S. oil and biofuel groups banded together this week to urge the new Trump administration to increase volumes of renewable fuels that must be blended into the nation's fuel mix in 2026 and beyond.

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