Americas
bp to use Honeywell’s Ecofining technology to increase SAF production worldwide
Honeywell announced that bp selected its Ecofining technology to help support the production of SAF at five facilities.
Oil slips as economic jitters offset U.S. debt deal
Oil prices slipped as economic worries over further interest rate hikes trumped a tentative debt ceiling deal reached in the U.S., possibly averting a default in the world's largest economy and oil consumer.
Oil climbs after U.S. leaders strike provisional debt deal
Oil prices rose in early Asian trade after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer.
ConocoPhillips to buy rest of Canada's Surmont oil site, bumping Suncor
ConocoPhillips said it was buying the 50% stake in the Surmont oil facility held by TotalEnergies' Canadian subsidiary for about $3 B, giving it full ownership and elbowing away rival Suncor Energy.
U.S. motorists kick off summer driving season with tame gasoline pricing
U.S. motorists are enjoying a so-called Goldilocks market, or one that is considered "just right," for gasoline.
Air Products signs $1-B deal for processing facility in Uzbekistan
Industrial gases maker Air Products and Chemicals said it had signed a $1-B deal with the Republic of Uzbekistan government and Uzbekneftegaz JSC to acquire, own and operate a natural gas processing facility in the country.
Stellantis may ship fewer gas-powered vehicles to U.S. states with strict emissions rules
Chrysler-parent Stellantis said it may limit shipments of gasoline-powered vehicles to dealers in states that have adopted California's strict emissions rules.
Chemical maker Dow signs supply agreement for bio-plastic materials
U.S. chemical maker Dow Inc said it had signed a long-term supply agreement with bio-conversion company New Energy Blue for plastic materials made from corn residue, in a bid to move towards renewable energy sources for production.
Delta Biofuel announces $100-MM final investment decision for renewable fuel facility in Jeanerette
Delta Biofuel has announced a $100-MM final investment decision for the construction and start up of a full-scale renewable fuel production facility in Iberia Parish that will convert sugarcane waste into feedstock for low-emissions energy generation.
OxyChem to install new electrolyzers at Texas facility
thyssenkrupp nucera is partnering with OxyChem to install the latest generation eBiTAC v7 electrolyzers to support the conversion of its Battleground plant in LaPorte, Texas, from the diaphragm to membrane chlor-alkali technology.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
- Baker Hughes, Giammarco Technologies to advance and commercialize hot potassium carbonate for post-combustion carbon capture 1/30
