Americas
Venezuela's PDVSA to ramp up refining by 20% in 2023
Venezuelan state energy company PDVSA's new management expects to boost the country's oil production to 1.17 million bpd by year end while increasing refining and exploration activities, an internal planning document showed.
One worker dies after fire at Marathon's Texas refinery
A Marathon Petroleum worker has died from injuries suffered in a fire that broke out at the company’s giant Galveston Bay Refinery in Texas City, Texas.
US pipeline operator ONEOK moves into oil, products with $18.8-B Magellan deal
ONEOK Inc agreed to buy U.S. pipeline operator Magellan Midstream Partners in a cash-and-stock deal valued at about $18.8 B including debt, bringing natural gas-focused ONEOK into transporting refined products and oil.
Stamicarbon awarded a 450-tpd green ammonia plant in the U.S.
Stamicarbon has signed a license agreement with its customer in the USA to develop a basic engineering design package for a 450-tpd green ammonia plant.
NextChem Holding's subsidiary Stamicarbon awarded new contracts for a green ammonia plant in the U.S.
MAIRE S.p.A. announces that its subsidiary NextChem Holding, through Stamicarbon, part of the Sustainable Technology Solutions business unit, has been awarded licensing and basic engineering design contracts for a 450 metric tons per day green ammonia plant by a prominent North American fertilizer producer.
SteelTrace announces selection by Chevron Technology Ventures for esteemed Catalyst Program
SteelTrace, a digital platform provider utilizing blockchain technology to manage all aspects of the steel supply chain, has been selected by Chevron Technology Ventures, LLC as part of its Catalyst Program.
Tight market for sour crude oil to squeeze U.S. Gulf Coast refiners
Sour crude oil supplies for U.S. Gulf Coast oil refiners will be squeezed in coming weeks, market participants said, as global demand rises following this mConth's OPEC+ production cut.Sour crude oil supplies for U.S. Gulf Coast oil refiners will be squeezed in coming weeks, market participants said, as global demand rises following this mConth's OPEC+ production cut.
Record U.S. crude exports, rising shale output boosts oil flow to Houston
U.S. crude exports climbed to a record of about 4.5 million bpd in March, spurred by recovering Chinese demand and competitive pricing for U.S. oil.
U.S. could start buying oil for reserve after June sale, energy secretary says
U.S. Energy Secretary Jennifer Granholm told lawmakers her department could start repurchasing oil for the Strategic Petroleum Reserve after completing a congressionally mandated sale next month.
Oil falls 2% on weak U.S. and Chinese economic data
Oil prices fell about 2% to a one-week low as a political standoff over the U.S. debt ceiling stoked recession jitters in the world's biggest oil consumer, while rising U.S. jobless claims and weak Chinese economic data weighed.
- Dow Chemical, Innventure to collaborate on waste-to-value platform 12/19
- Technip Energies, LanzaTech awarded U.S. DOE funding for breakthrough CO2-to-ethylene technology 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
- India to surpass China as the top source of global oil consumption growth in 2024 and 2025 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
