Americas
Next generation tank lining delivers next-level service lives
Owners of refined products terminals, crude oil terminals, chemical plants and refineries can encounter several challenges when taking storage tanks out of service for inspection and repair per American Petroleum Institute Recommended Practice 653 requirements.
U.S. industrial recession cuts diesel and electricity use
U.S. manufacturing and freight activity has declined for six months running, which is being reflected in falling consumption of diesel and other distillate fuel oils as well as industrial electricity sales.
Oil prices jump but still on track for third weekly fall
Oil prices jumped but were set for a third straight week of losses after sharp declines earlier in the week on fears about interest rate hikes, U.S. banking sector problems and slowing Chinese demand.
Enbridge reaches toll agreement with shippers for Mainline system
Enbridge Inc, Canada's largest transporter of crude oil, said it has reached a 7-1/2 year toll agreement with shippers for its Mainline system.
Neste to supply SAF to United Airlines flights departing San Francisco Int'l. Airport
Neste and United announced that the airline’s departing flights from San Francisco International Airport will be fueled by a blend of Neste MY Sustainable Aviation Fuel.
Phillips 66 beats profit estimates as refining margins soar
U.S. refiner Phillips 66 beat Wall Street estimate for first-quarter profit, joining rivals in gaining from elevated margins on sustained fuel demand amid tight crude supplies.
Exxon Mobil not quitting exploration in Brazil
Exxon Mobil Corp is not giving up on oil exploration in Brazil, the company's country chief Alberto Ferrin said during the Offshore Technology Conference in Houston.
California moves to phase-out diesel-powered trucks, cut locomotive pollution
California regulators approved new rules requiring all medium- and heavy-duty vehicles sold in the state in 2036 be zero-emission, a day after the California Air Resources Board (CARB) adopted reduced emission regulations for locomotives.
Carbon capture in syngas-based projects
Recent legislation, such as the Low Carbon Fuel Standard (LCFS) and the Inflation Reduction Act of 2022 (which was passed in the U.S.), provide financial incentives for projects generating power, transportation fuels or other forms of energy to reduce their overall carbon emissions.
Hybrid-flex cars a great asset for Brazil's decarbonization efforts
Brazil's ability to produce and sell hybrid cars that can run on 100% ethanol is a huge asset for its auto industry as global economies push for decarbonization to tackle climate change.
- 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
