Americas
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.
Several injured in blast at ethanol biofuel plant in Illinois (U.S.)
Several employees were injured at an Archer-Daniels-Midland facility in Decatur, Illinois, after an explosion within its processing complex.
- 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
