U.S.
China petchem plants face shutdown as tariffs on U.S. LPG loom
Chinese petrochemical makers that buy $11 B worth of U.S. liquefied petroleum gas (LPG) annually are poised to cut output or shut for maintenance in coming weeks as Beijing's retaliatory tariffs on U.S. imports drive up costs.
Keystone oil pipeline shut after spill in North Dakota (U.S.)
The Keystone oil pipeline from Canada to the United States was shut on Tuesday after an oil spill near Fort Ransom, North Dakota, its operator South Bow and the state's Department of Environmental Quality said.
Technip Energies awarded contract for Blue Point Number One ATR, the world's largest low-carbon ammonia production facility
Technip Energies has been awarded a major(1) contract by Blue Point Number One, a joint venture between CF Industries, JERA and MITSUI & CO, for the Blue Point Number One ATR Project in Donaldsonville, Louisiana (U.S.). This project aims to deliver the world's largest low-carbon ammonia plant with a capacity of approximately 1.4 metric MMtpy.
Iowa (U.S.) biodiesel leaders applaud Grassley effort urging RFS biofuels Increase
The Iowa Biodiesel Board (U.S.) and the Iowa Soybean Association commended Senator Chuck Grassley (R-IA) and 15 of his Senate colleagues for urging the U.S. Environmental Protection Agency (EPA) to increase volumes of biomass-based diesel, including biodiesel, under the federal Renewable Fuel Standard (RFS).
Occidental, 1PointFive secure first EPA permits for CO₂ storage from Texas (U.S.) DAC facility
Occidental and its subsidiary 1PointFive have secured the first-ever Class VI permits from the U.S. Environmental Protection Agency (EPA) for the geologic storage of carbon dioxide (CO₂) captured directly from the atmosphere.
U.S. refiners' shares hit near 2-yr lows as Trump tariffs spur fuel demand fears
Shares of U.S. refiners fell to near 2-yr lows on Friday in the wake of U.S. President Trump's announcement of new tariffs, as fears of slower fuel demand and weakening refining margins rattled investors.
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.
- Hanwha Ocean signs strategic MoU with Kanata Clean Power for proposed $15.7-B, 12-MMtpy FLNG project in Canada 6/18
- Burckhardt Compression secures milestone order for first industrial scale liquefied CO₂ carrier supporting Northern Lights CCS project 6/18
- Dynelectro dispatches 250-kW electrolyzer unit to Syntholene’s Iceland eSAF project 6/18
- EIA: U.S. crude inventories decline for tenth week to over 40-yr low 6/18
- Australia opens first carbon refinery, making new products from captured CO2 6/18
- ABB expands non-invasive sensing portfolio to advance simpler, safer temperature measurement 6/18
