U.S.
Phillips 66 hit with $604.9-MM U.S. verdict in fuel trade-secrets case
Energy company Phillips 66 owes biofuel maker Propel Fuels $604.9 MM in damages for stealing Propel's trade secrets to build up its renewable-fuel capabilities.
U.S. capacity to produce biofuels increased 7% in 2023
Capacity to produce biofuels increased 7% in the U.S. during 2023, reaching 24 Bgal/yr at the start of 2024, led by a 44% increase in a category the U.S. Energy Information Administration (EIA) calls “renewable diesel and other biofuels.”
Southwest Airlines enters SAF deal with Valero
Southwest Airlines has entered into a deal with a unit of Valero Energy for the supply of sustainable aviation fuel (SAF) to the Chicago Midway International Airport.
U.S. offers conditional loan guarantees worth $3 B for two SAF projects
The U.S. Department of Energy (DOE) has approved conditional loan guarantee commitments totaling nearly $3 B for two sustainable aviation fuel (SAF) projects.
Phillips 66 provides notice of its plan to cease operations at Los Angeles-area refinery
Phillips 66 announced plans to cease operations at its Los Angeles-area refinery in the fourth quarter of 2025 and will work with the state of California to supply fuel markets and meet ongoing consumer demand.
Kurita America launches Kurita Dropwise Condensation Technology in North America
Kurita America, part of a leading global provider of industrial water treatment solutions the Kurita Group, has introduced Kurita Dropwise Condensation Technology in the North American marketplace.
Update: Three workers sue Pemex for injuries at Texas refinery
Three workers filed a lawsuit in a Texas state court in Houston on Monday against Mexico's national oil company Pemex for injuries they allege they received in a hydrogen sulfide (H2S) release at a Deer Park, Texas, refinery last Thursday.
Global refinery margins fall to multi-year seasonal lows in September
Refinery margins for petroleum refiners across the world are shrinking, indicating reduced profitability from refining crude oil and selling petroleum products.
Update: Hours-long toxic gas leak at Pemex oil refinery near Houston far exceeded legal limit
Pemex's Deer Park oil refinery near Houston discharged 43,500 pounds (lb) of highly toxic hydrogen sulfide (H2S) gas over more than seven hours in a deadly incident earlier this week.
Surge in U.S. ethanol exports offsets thriving production
Despite a jump in production, U.S. ethanol stocks dropped significantly last week, partly owing to a sharp rebound in gasoline demand, which neared three-year highs.
- Brazil's Petrobras raises jet fuel prices by around 7% in key markets 1/3
- Venezuela's 2024 oil exports climb 10.5% amid political turmoil, refinery outages 1/3
- Russian court tells Yandex to hide images of oil refinery after Ukrainian attacks 1/3
- Singapore's Dec. jet fuel imports hit multi-year high on India, S. Korea supply 1/3
- Palm oil ends with more than 5% weekly losses 1/3
- Fire extinguished at Valero's Three Rivers refinery on New Year's Day 1/2
