Americas
Iraq-Iran gas-for-oil barter would likely violate U.S. sanctions
A barter of Iranian natural gas for Iraqi oil as described by the Iraqi prime minister this week would likely violate U.S. sanctions on Tehran unless the U.S. issued a waiver permitting it, three former U.S. officials said.
U.S. EPA denies nearly all biofuel blending exemption petitions
President Joe Biden's administration on Friday denied almost all outstanding petitions from oil refiners asking to be exempted from mandates that require them to mix biofuels into their fuel.
Biden administration to issue decision on small-refinery biofuel mix exemptions
The Biden administration will disclose its decision on offering exemptions to small refineries that are mandated to mix biofuels into their fuel mix, the U.S. environmental regulator said in a statement.
Marine fuel contamination hits U.S. Gulf Coast shippers
Contaminated marine fuels from several suppliers led to fouled engines on about a dozen vessels operating from the U.S. Gulf Coast this spring, according to Lloyd's Register and marine fuel testing service VPS.
Brent oil hovers above $80 as U.S inflation eases
Global oil benchmark Brent hovered above $80 a barrel after U.S. inflation data implied interest rates in the world's biggest economy are close to their peak.
U.S. lawmakers seek to lower biofuel blending compliance costs
A bipartisan group of U.S. lawmakers introduced legislation this week directing the Biden administration to allow oil refiners to purchase compliance credits for U.S. biofuel blending laws at a lower, fixed cost compared to the open market.
Venezuelan petroleum coke contract dispute fuels tanker queues, hunt for options
The sudden suspension of a Venezuelan contract that had boosted its exports of petroleum coke has led to a bottleneck of tankers waiting to load and sent customers scrambling for alternative supplies, according to sources and data.
Ksi Lisims LNG chooses Siemens Energy for low-carbon electrical compression design
The Ksi Lisims LNG project has awarded Siemens Energy a contract to assist with designing the project’s liquefaction compression and associated electrical systems.
Oil rises as U.S. inflation cools
Oil benchmark Brent futures breached $80 a barrel for the first time since May after U.S. inflation data suggested the interest rate hike cycle in the world's biggest economy is set to finally cool.
H.E. Minister Saad Sherida Al-Kaabi stated that QatarEnergy will supply 40% of new LNG by 2029 at the LNG 2023 "Leadership Dialogue"
His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said “40% of all the new LNG that will come to the market by 2029, when all our projects are up and running, is going to be from QatarEnergy.”
- Dow Chemical, Innventure to collaborate on waste-to-value platform 12/19
- Verde Clean Fuels receives $50-MM investment from Cottonmouth Ventures for the potential development of GTG plants in the Permian Basin (U.S.) 12/19
- Neste to supply SAF to Air New Zealand marking the airline’s largest purchase of SAF to date 12/19
- KazAzot to use KBR tech for Kazakhstan's first world-scale fertilizer complex 12/19
- BASF and research partners collaborate to optimize mechanical recycling of plastics 12/19
- thyssenkrupp nucera partners with Chlorum Solutions USA for chlor-alkali plant in the U.S. 12/19
