Americas
Colorado refinery outage causing increased fuels pricing
The only petroleum refinery in Colorado shut down in late December after sustaining damage from extremely cold weather, which may tighten gasoline and diesel fuel supplies in the region.
Brazil to resume taxes on fuels
The Brazilian government is set to resume the collection of federal taxes on fuels this week, the Finance Ministry said on Monday.
Ecopetrol selects Honeywell Technology for advanced solvent carbon capture study on FCCUs in Colombia
Honeywell has been selected by Ecopetrol S.A. (Ecopetrol), the largest company in Colombia and one of the main diversified energy companies on the American continent, to develop a prefeed engineering study for an Advanced Solvent Carbon Capture (ASCC) modular demonstration unit, which will be used to evaluate carbon dioxide (CO2) capture from Ecopetrol fluid catalytic cracking units (FCCUs).
Biden administration releases $2.5 B for carbon capture programs
The Biden Administration announced $2.52 B in funding for two carbon management programs to catalyze investments in transformative carbon capture systems and carbon transport and storage technologies.
U.S. crude oil inventories rose as utilization drops
U.S. crude oil inventories rose for the ninth week in a row, surging to their most since May 2021, as refiners ran less oil during a strong maintenance season.
Pemex issued an "all clear" following fire at its Texas refinery
Mexican state oil company Pemex issued an all clear following a fire in a unit at its 312,500-bpd oil refinery in Texas.
ExxonMobil is planning to startup new CDU at its Beaumont refinery
ExxonMobil is planning to start the new crude distillation unit (CDU) at its 369,024-bpd Beaumont, Texas (U.S.), refinery this weekend.
Topsoe's ammonia technology selected for CIP's U.S. blue ammonia project
Topsoe’s ammonia technology has been selected for use at Copenhagen Infrastructure Partners' blue ammonia project along the U.S. Gulf Coast.
United Airlines launches $100-MM SAF investment fund
United Airlines launched a more than $100 MM investment fund to support start-ups focused on the research and production of sustainable aviation fuel (SAF).
KBR launches SAF technology in alliance with Swedish Biofuels
KBR announced that it has launched sustainable aviation fuel (SAF) technology in alliance with Swedish Biofuels AB.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
