U.S.
U.S. refiners boosting fuel output past 90% of capacity for summer driving season
U.S. crude oil refiners aim to operate above 90% of their combined processing capacity for the remainder of the quarter after completing planned overhauls.
Lummus Technology launches new renewable dimethyl ether technology
Lummus Technology announced the commercial availability of CDDME, a new renewable dimethyl ether (DME) technology that is enhanced through catalytic distillation (CD).
Under new program, little to no ethanol will qualify for U.S. aviation fuel credit
Little to no ethanol will qualify for U.S. sustainable aviation fuel (SAF) subsidies under a new pilot program by President Joe Biden's administration, which toughened climate requirements at the last minute.
Oil prices ease on US gasoline demand worries, economic data
Oil prices eased about 1% on worries over weak U.S. gasoline demand and economic data that could cause the U.S. Federal Reserve to keep interest rates higher for longer.
ConocoPhillips to acquire Marathon Oil Corporation for $22.5 B
ConocoPhillips and Marathon Oil Corporation announced today that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 B.
U.S. Gulf Coast imports of straight-run fuel oil at record as global supply jumps
Imports of straight-run fuel oil (SRFO) to the U.S Gulf Coast were set to climb to record levels this month as Mideast and African suppliers ramped up exports and U.S. refiners scrambled for heavy feedstocks.
U.S. biodiesel imports have doubled since 2022
Annual U.S. biodiesel imports doubled from 2022 to 2023 to 33,000 bpd and continued to rise in the first two months of 2024.
NYK Bulkship (Asia) commences first shipment of sustainable aviation fuel
On May 25, NYK Bulkship (Asia) Pte. Ltd. (NBAsia) commenced its first shipment of sustainable aviation fuel (SAF). The SAF left Singapore on an MR-type product tanker and will be unloaded at the port of Los Angeles and San Francisco (U.S.) and delivered to the airports in the region.
INEOS and Hanwha to study low-carbon ammonia facility in the U.S.
Hanwha Corporation and INEOS Nitriles will collaborate in a study for a low-carbon ammonia facility with carbon sequestration in the U.S., with a capacity of more than 1 metric MMtpy.
Colonial pipeline (U.S.) halts some fuel deliveries for maintenance
The Colonial Pipeline, the largest refined fuel pipeline in the U.S., conducted system maintenance on Thursday that required a temporary halt of some deliveries.
- Axens tapped for 3 new Vegan® licenses for SAF and renewable diesel production 1/8
- Neste, KPI OceanConnect and Global Energy collaborate for first delivery of Neste MY Renewable Diesel to Singapore marine sector 1/8
- Neste, Bayer collaborate to develop novel vegetable oils for possible renewable fuels production 1/8
- EIA: U.S. crude stocks fall, fuel inventories rise 1/8
- Sinopec's Zhenhai refinery says fire at crude unit has been put out 1/8
- U.S. Gulf Coast fuel oil imports hit record low as Latin America deliveries slow 1/8
