Americas
Biden administration slowly puts oil back into the SPR emergency stash
The administration of President Joe Biden is slowly putting oil back into the Strategic Petroleum Reserve, after selling a record amount from the emergency stockpile in 2022.
APA to acquire rival Callon Petroleum in $4.5-B deal
U.S. oil producer APA announced it was buying rival Callon Petroleum in an all-stock transaction valued at $4.5 B including debt, following on the heels of a record year for dealmaking in the largest U.S. shale field.
Curtiss-Wright Exlar announces new Tritex EVA for oil & gas valve actuation
Curtiss-Wright’s Actuation Division announced that its new Exlar Tritex EVA electric valve actuator has achieved CSA Class 1, Division 2 Hazardous Location certification.
Jet Aviation partners with World Fuel Services to offer SAF in Montana and Arizona (U.S.)
Jet Aviation announced that it has signed an agreement with World Fuel Services to secure and offer SAF on-site at its FBOs in Bozeman, Montana, and Scottsdale, Arizona, effective immediately.
NextDecade files to allow TotalEnergies to exit LNG stake
NextDecade has filed for a shelf registration that would allow TotalEnergies to sell its 17.5% stake in the U.S. LNG company over time.
California county (U.S.) conducts surprise inspection at PBF's Martinez refinery
Health authorities in California's Contra Costa County said they had launched an unannounced inspection at PBF Energy's 156,400-bpd refinery in Martinez (U.S.).
Brazil's Petrobras mulls Mubadala refining partnership
Brazilian state-run oil company Petrobras said it will analyze a proposal from Abu Dhabi sovereign investor Mubadala on creating a strategic refining and biorefining partnership in the northeastern state of Bahia.
Venezuela's PDVSA to settle debt to Curacao's refinery with fuel supply
Venezuela's state-run Petróleos de Venezuela, S.A. will supply fuel to Curacao's refinery to settle debts left by the oil company after ceasing operations at the Caribbean island's facility in 2019.
U.S. refiners cut gasoline export prices on Panama Canal drought
U.S. Gulf Coast refiners have reduced gasoline export prices to their lowest since 2021 because restrictions on shipping through the Panama Canal have left exporters unable to send as much of the motor fuel to international markets.
U.S. EPA sends Midwest ethanol expansion request to White House
The U.S. Environmental Protection Agency has asked the White House to approve a rule that would allow expanded sales of higher-ethanol gasoline to be sold in certain Midwestern states, after governors from those states requested it.
- Emirates Biotech selects Sulzer Technology to build polylactic acid production facility 12/18
- Bureau Veritas, Samsung Heavy Industries partner to develop CCS solutions 12/18
- Indonesia's higher biodiesel mandate rollout may be gradual, industry watchers say 12/18
- Major Asian oil exporters close 2025 diesel sales at lower levels vs. 2024 12/18
- Russia's December idle oil refining capacity revised up 35% 12/18
- China's gasoline exports surge in November ahead of tax rebate change 12/18
