Americas
Targray opens new diodiesel terminals in Oregon
Targray, a leading international supplier of renewable fuels and feedstock, has announced the opening of two new biodiesel fuel terminals in Oregon.
Emerson wins contract to automate $8.5-B Golden Triangle Polymers facility
Emerson will provide automation technologies, software and analytics from its Plantweb™ digital ecosystem for the Golden Triangle Polymers Project, a world-scale integrated polymers facility on the Texas Gulf Coast.
Citgo Petroleum posts record $2.8 B profit for 2022
Refiner Citgo Petroleum Corp reported record net profit of $2.8 billion for 2022 on strong motor fuel demand, high margins and refining output that exceeded its plants' listed capacity.
Strategic Biofuels to bolster U.S. green fuels project through U.S. DOE loan guarantee
Strategic Biofuels announced today that it has been invited by the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) to submit a Part II application for a proposed $1.6 B loan guarantee under the Title XVII Innovative Clean Energy Loan Guarantee Program.
New Petrobras CEO discussed the future of Brazilian oil/gas and fuels industry with other sector partners
Petrobras’ CEO, Jean Paul Prates, took advantage of the presence of the leaders of the largest energy companies on the planet at CERAWeek, in Houston, Texas (USA), to promote the importance of joint actions by the industry both in renewable energy projects and in initiatives for better use of oil and gas reserves.
Chevron, Talos to triple the size of Texas carbon capture project
Chevron and Talos Energy said they have tripled the size of a proposed carbon capture and storage hub for the U.S. Gulf Coast.
U.S. policy is conducive for new investments in energy transition said Repsol's CEO
The U.S, is attracting investment in renewables, hydrogen, biofuels, etc. through new legislation, while the EU's rules could deter investors, Repsol's CEO said at CERAweek.
Occidental to use Siemens Energy's technology for large-scale direct air capture plant
Siemens Energy compressors will be used at Occidental’s first large-scale direct air capture (DAC) plant in Texas’ Permian Basin.
Dow and X-Energy to build first grid-scale, next-generation nuclear reactor for NA industrial sites
Dow and X-energy said they have agreed to develop and demonstrate the first grid-scale next-generation nuclear reactor for an industrial site in North America.
Petrobras will reduce fuel prices to offset increases in fuels taxes
Brazil's state-run oil giant Petrobras said it will reduce gasoline and diesel prices at its refineries from Wednesday, a move that will likely offset the resumption of federal taxes levied on fuels.
- Portugal's Galp plans to start producing biofuels in 2026 12/20
- Prax and Shell call off deal on stake in PCK Schwedt oil refinery 12/20
- Nigeria's Dangote Refinery hits 85% refining capacity 12/20
- India's BPCL buys first Argentinian crude oil cargo for Feb. delivery 12/20
- Sinopec's Zhenhai oil refinery expands capacity to 40 MMtpy 12/20
- Oil via Russia's Druzhba pipeline halted by technical problems 12/20