U.S.
U.S. Department of Energy reopens $15-MM voucher program for clean energy technology
The U.S. Department of Energy Office of Technology Transitions, in collaboration with the Offices of Clean Energy Demonstrations, Fossil Energy and Carbon Management, and Energy Efficiency and Renewable Energy announced the reopening of five voucher opportunities to accelerate clean energy technology adoption and launch two new VOs with $15 MM in available funding.
Verde Clean Fuels awards gas-to-gasoline FEED contract to Chemex Global
The proposed project aims to utilize Verde Clean Fuels’ proprietary STG+ process to convert natural gas from Diamondback Energy’s Permian Basin operations into gasoline.
Turning turnarounds into a competitive advantage through a digital ecosystem
This article, written by ExxonMobil, details how the company uses a digital reality ecosystem to optimize maintenance and turnarounds.
Trillium Renewable Chemicals selects INEOS Green Lake for world's first demo plant for sustainable acrylonitrile production
Trillium Renewable Chemicals announced the selection of INEOS Nitriles’ Green Lake facility in Port Lavaca, Texas to establish the world’s first demonstration plant for converting plant-based glycerol into acrylonitrile.
Goldman Sachs: Global LNG market to grow by 50% by 2029
Growth in oil investment shows signs of peaking in non-OPEC countries, while investment in liquified natural gas (LNG) is expected to increase more than 50% by 2029, according to Goldman Sachs Research.
EIA: U.S. diesel demand for March hits 26-yr seasonal low
U.S. diesel demand fell to its lowest seasonal level in March since 1998, while crude oil output rose to a multi-month high, according to data from the U.S. Energy Information Administration (EIA).
Weak U.S. gasoline demand compounds pressure on oil ahead of OPEC+ meet
The U.S. gasoline market is flashing signs of weakness at the start of summer driving season, a time it generally picks up strongly, and analysts say this clouds the picture for oil demand ahead of the OPEC+ group policy meeting that kicked off this weekend.
Digital Feature: Can ships run on biofuel?
This article from ExxonMobil focuses on utilizing biofuels in the shipping sector.
LyondellBasell expands core PP business with 35% stake in NATPET from Alujain in Saudi Arabia
LyondellBasell and Alujain Corporation announced completion of the acquisition of a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company (NATPET) by LYB from Alujain.
EIA: U.S. crude stocks fall, fuel inventories climb as refining picks up
U.S. crude oil inventories decreased while fuel stockpiles rose last week, as refining activity jumped, the U.S. Energy Information Administration (EIA) said on Thursday.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
