Americas
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.
U.S. Senator is trying to keep EVs out of U.S. biofuels program
Republican U.S. Senator Mike Lee of Utah is trying to rally colleagues to sign a letter opposing the Biden administration’s plan to include electric vehicles in the nation’s renewable fuel program.
U.S. jet fuel shortage drives airline costs higher
Resurgent passenger aviation following the coronavirus pandemic has created shortages of jet fuel, pushing up airlines’ operating costs and fares.
Venezuela's PDVSA allocates heavy crude cargo to Italy's Eni
Venezuela's PDVSA has allocated an oil cargo to a unit of Eni for a February loading, the first to the Italian firm following a contract suspension this year by new management at the state-run company.
- India launches gasoline blended with 85% ethanol at lower price 6/5
- U.S. oil exports surge, draining domestic crude inventories toward rock bottom 6/5
- Indian companies willing to deepen presence in Venezuela 6/5
- Japan steps up efforts on cooking oil in race for sustainable aviation fuel 6/5
- Indian refiner Nayara says Vadinar refinery turnaround completed 6/5
- South Korea jet fuel exports rebound in May to pre-war levels 6/5
