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Americas

ExxonMobil licenses fluid bed methanol-to-gasoline technology to Aramco for synthetic fuel demonstration plant in NEOM, Saudi Arabia

ExxonMobil Catalysts and Licensing LLC has licensed its advanced fluid bed Methanol-to-Gasoline technology to Aramco for a demonstration scale unit to be located in NEOM’s Hydrogen Innovation and Development Center.

Mexico restricts imports of dozens of petroleum and petrochemical products

Mexico has put restrictions on the import of dozens of refined petroleum and petrochemical products to curb fuel theft and adulteration including certain types of gasoline and diesel, jet fuel and additives.

Saudi minister says oil firm acquisitions show that hydrocarbons 'here to stay'

Saudi Energy Minister Prince Abdulaziz bin Salman said that acquisitions by major oil firms such as Chevron's $53 B all-stock deal to buy Hess showed that hydrocarbons were here to stay.

Grace launches PARAGON FCC catalyst technology for more sustainably produced fuels

W.R. Grace & Co. announced its latest innovation in a long line of breakthroughs in catalyst technology for helping refiners produce transportation fuels and lower their carbon footprint.

Trafigura seeks to charter tanker to export Venezuelan fuel oil

Global commodities trader Trafigura is seeking to charter at least one large tanker to export Venezuelan fuel oil, a move that follows this week's easing of U.S. sanctions on the OPEC country's energy industry.

Navigator CO2 Ventures cancels carbon-capture pipeline project in U.S. Midwest

Navigator CO2 Ventures has canceled its Heartland Greenway pipeline project aimed at capturing 15 Mmt of carbon dioxide annually from Midwest ethanol plants and storing it permanently underground citing "unpredictable" state regulatory processes.

Louis Dreyfus to construct Ohio (U.S.) soy crush plant for food, feed, and biofuel

Global crop merchant Louis Dreyfus Company will build a new soybean processing plant in the U.S. state of Ohio adding to a boom in oilseed crush investments in North America encouraged by biofuel use.

U.S. oil refiners crank out diesel, further squeezing margins for gasoline

U.S. oil refiners have cranked up output of diesel, heating oil and jet fuel for winter but are struggling to turn a profit because gasoline margins have fallen over 80% since the summer driving season ended.

Proman, Mitsubishi sign MoU to develop world-scale ultra low-carbon ammonia plant in Lake Charles (U.S.)

Proman has signed an MoU with Mitsubishi Corporation to explore building a world-scale ultra low-carbon ammonia facility in Lake Charles, Louisiana.

KBR launches PureM, an advanced green methanol technology

KBR announced that it has developed an advanced green methanol technology, PureM, augmenting its leading portfolio of clean ammonia and hydrogen technologies.