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Americas

CF Industries proposes new $2-B low-carbon ammonia production facility in Ascension Parish, Louisiana (U.S.)

CF Industries Holdings, Inc., the world’s largest producer of ammonia, announced it is evaluating the feasibility of constructing a low-carbon clean ammonia production plant at its Blue Point Complex in Ascension Parish.

OPEC says IEA estimate of peak fossil fuel demand by 2030 not 'fact-based'

The Organization of the Petroleum Exporting Countries said data-based forecasts do not support the International Energy Agency's projection that demand for fossil fuels would peak in 2030.

Cargill to boost biodiesel production through acquisition of Granol's soy crushers in Brazil

The U.S. company last month announced a binding offer to buy the soy crushing plants as it looks to boost biodiesel production and expand operations in the world's biggest soy producer.

Global diesel shortage boosts prices

Global distillate fuel oil inventories remain much lower than normal for the time of year which is putting strong upward pressure on fuel prices.

Sempra Infrastructure completes sale of non-controlling interest in Port Arthur LNG Phase 1 to KKR

Sempra Infrastructure announced that it has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR.

USDA to adjust GHG model to help ethanol get aviation fuel subsidy

The U.S. Department of Agriculture will spend up to $400,000 to adjust a federal greenhouse gas emissions model to ensure that aviation fuel made from corn-based ethanol is eligible for hefty subsidies.

U.S. East Coast scrambles for distillates ahead of refiner maintenance

U.S. East Coast fuel suppliers are scrambling for distillate supplies ahead of planned maintenance at two key refineries that are set to further tighten supplies and boost prices in the populous region that already has low inventories ahead of winter.

Russia to deliver second oil cargo to Brazil in September

Russia loaded the second oil cargo for delivery to Brazil in September.

Korean Air introduces Cargo SAF Program

Korean Air will launch a program to use SAF for air cargo operations in cooperation with air cargo customers and forwarders.

Marathon Galveston Bay, Texas, (U.S.) FCC expected to be shut until late this week

The fire-damaged, gasoline-producing fluidic catalytic cracker at Marathon Petroleum's 593,000 bpd Galveston Bay Refinery in Texas City, Texas, is expected to be shut until late this week.