U.S.
EIA: U.S. crude inventories rise, fuel draws down amid ongoing maintenance
U.S. crude oil stockpiles rose and fuel inventories fell last week as seasonal refinery maintenance season ticked along.
U.S. propane exports have increased every year since 2007
U.S. propane exports averaged a record 1.8 MMbpd in 2024, the most since the U.S. Energy Information Administration (EIA) began collecting this data in 1973. U.S. propane exports increased for each of the last 17 years, with growth driven by higher demand in East Asia, mainly China, and a widening propane price differential between U.S. and global benchmarks.
Guyana considers plan to refine oil in US, import fuel
Guyana is considering a plan to export crude oil to the U.S. for refining and to bring back fuel for domestic supply and possibly for sale to nearby countries, Guyanese President Irfaan Ali said.
BASF signs long-term agreement with Braven Environmental for supply of advanced recycled feedstock
BASF Corp. and Braven Environmental, a market leader in advanced recycling, have signed a supply agreement for Braven PyChem®. This advanced recycled feedstock, derived from mixed plastic waste, will partially replace fossil resources at the BASF TotalEnergies Petrochemical (BTP) facility in Port Arthur, Texas. Under the agreement, Braven will supply BASF from a multi-unit facility that Braven has announced it will build in Texarkana, Texas.
Graphitic Energy commissions pilot plant to produce low-cost clean H2 and graphite
Graphitic Energy, formerly known as C-Zero, has commissioned its pilot plant at the Southwest Research Institute (SWRI) in San Antonio, Texas (U.S.). This state-of-the-art facility is the company’s first at-scale demonstration of its novel form of methane pyrolysis that converts natural gas into hydrogen (H2) and solid, graphitic carbon.
HIF Global awarded first U.S. approval for e-Fuels design pathway
HIF Global announced that it has been awarded the first U.S. approval for an e-Fuels pathway. The Tier II Design Pathway Certification, granted under the California Air Resource Board’s (CARB) Low Carbon Fuel Standard (LCFS) Program, strengthens the market for e-Fuels production.
Mexico's Pemex prioritizes refining as it diverts heavy oil away from Gulf
Mexico's state oil company Pemex expects to continue diverting barrels of heavy crude away from U.S. Gulf Coast refiners as its new Olmeca refinery ramps up processing.
Gasoline shippers clash with Colonial Pipeline on proposed changes to terms
At least four U.S. gasoline marketers are preparing legal and regulatory challenges to the Colonial Pipeline over proposed changes in fuel shipping terms which the companies say will hurt their margins and drive up fuel prices at the pump.
U.S. estimates it will take $20 B and years to refill strategic oil reserve
U.S. Energy Secretary Chris Wright estimates it would take $20 B and years to accomplish President Donald Trump's goal of refilling the Strategic Petroleum Reserve to its maximum capacity, the U.S. Energy Department said.
Rely to support Verso Energy in the development of seven e-Fuels production plants worldwide
Rely, a joint venture between Technip Energies and John Cockerill, and Verso Energy have signed a memorandum of understanding (MoU), in view of the development by Verso Energy of seven e-Fuels production plants worldwide: four in France, two in Finland, and one in the U.S. These facilities are expected to produce more than 500,000 tpy of sustainable aviation fuel (SAF), with up to 90% lower lifecycle emissions than conventional jet fuel.
- 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
