Americas
TC Energy has submitted plan to restart Keystone pipeline after spill
TC Energy Corp has submitted its plan to restart the Keystone pipeline to U.S. regulators, a source familiar with the matter said on Tuesday, nearly two weeks after the line ruptured in the worst oil spill in the United States in nine years.
Adding EVs to U.S. biofuels law is environmental agency's 2023 task
The Biden administration could change the nation's biofuel blending law next year to offer lucrative credits to electric vehicle manufacturers like Tesla, a major rewrite that the oil industry criticizes as subsidizing the EV industry.
U.S. begins buying back oil for strategic reserve
The U.S. Energy Department said on Friday it will begin buying back oil for the Strategic Petroleum Reserve, or SPR, the first purchase since this year's record 180 MM barrel release from the stockpile.
Mexican airline Volaris exploring sustainable fuel options
Mexican low-cost carrier Volaris is exploring options to obtain sustainable aviation fuel (SAF), including a potential deal in the United States, the airline's top executive said in an interview following the company's investor day.
Chevron unlikely to invest more in Venezuela in short term, says CEO
Chevron Corp is unlikely to add investment in Venezuela in the next six months despite a recent U.S. license to allow it to expand its operations in the South American country, Chief Executive Michael Wirth said.
Flexibility in catalyst technology for improved bottoms upgrading
Bottoms product from fluidized catalytic cracking (FCC) is typically one of the least valuable products from a refinery.
Industry Perspectives: Despite reaching $180 B, new project announcements are down year-over-year
Over the past year, the Global Energy Infrastructure database has tracked more than $180 B in new project announcements.
Solving maldistribution: Catalyst loading and why it matters
Are your reactor yields lower than forecast? Does your fixed-bed catalytic reactor suffer from hotspots?
United Airlines invests millions into proposed Oregon biofuel refinery
United Airlines will add $37.5 MM into a proposed biofuel refinery in northwest Oregon, per a report by OPB.
Refiner Phillips 66 to boost investor returns by up to $12 B
Refiner Phillips 66 said it plans to return up to $12 B more to shareholders by end-2024 through dividends and stock buybacks, sending its shares up as much as 3%.
- 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
