Crude oil
Linde partners with Sapphire on CO2 algae-to-fuel project in US
Technology group Linde says it has entered into a multi-year agreement with algae-based crude oil producer Sapphire Energy to co-develop a low-cost system to deliver carbon dioxide (CO2) to commercial-scale, open-pond, algae-to-fuel cultivation systems.
Conoco CEO to speak at US Senate hearing, says higher oil taxes would discourage investment
ConocoPhillips CEO Jim Mulva will appear on Thursday at a Senate Finance Committee hearing in Washington, D.C., where he says he will outline the negative effects of proposed tax policy targeting major energy companies.
ExxonMobil begins drilling, construction on Texas oil recovery project
ExxonMobil said on Tuesday that drilling and construction have started on an enhanced oil recovery project at the Means field in Andrews County, Texas. The first phase of the project has the potential to recover as much as 5mn barrels of additional oil, an amount equal to the annual energy needs of about 170,000 Texas households.
Lower Mississippi River refineries, chemical plants prepare for possible flood disruptions
Refineries and nearby chemical plants along the lower Mississippi River are bracing for possible flooding in coming weeks as rising waters move downstream, raising fears over disruptions to US gasoline supply.
Shell opens first US pipeline-fed hydrogen fueling station for fuel-cell vehicles
Shell on Tuesday opened the first-ever US pipeline-fed hydrogen fueling station, using hydrogen, a West Coast pipeline system, and fueling technology from Air Products.
Oman awards contract to Chevron Lummus for Sohar refinery expansion
Oman Refineries and Petrochemicals Co. (ORPC) will use ISOCRACKING technology from Chevron Lummus Global as part of its Sohar refinery expansion project, seeking to boost margins and increase production.
Bill introduced in US Senate that would repeal tax breaks for major oil firms
US Senators introduced a bill on Tuesday that would repeal tax breaks for the five biggest oil companies, including Shell, ExxonMobil, BP, Chevron and ConocoPhillips.
API praises US House bill to restart US offshore leasing, calls for more domestic production
American Petroleum Institute executive vice president Marty Durbin said he supports the House Natural Resources Committee’s efforts to focus on the need to produce more of America’s oil and natural gas resources, which would create more jobs for workers and more revenue for government, the API says.
BP adds Rosneft as partner in German refining JV
BP has added Rosneft as its new partner in its German refining joint venture, Ruhr Oel GmbH (ROG).
LINN Energy inks $220mn deal for oil, natural gas assets in Texas, Oklahoma
LINN Energy announced on Monday that it signed an agreement with Panther Energy and Red Willow Mid-Continent to acquire 40% of their oil and natural gas properties located in Ochiltree and Lipscomb Counties, Texas and Ellis County, Oklahoma for $220mn, subject to closing conditions.
- Malaysia plans to produce sustainable jet fuel in 2027 11/27
- ADNOC launches $80-B low-carbon energy and chemicals investment company 11/27
- Chevron sees California's fuel inventory law raising prices for customers 11/27
- Clariant’s MegaMax™ catalysts to power China’s first biomass-to-green methanol project 11/27
- easyJet, Renavia and WFS sign MoU for long-term supply of SAF 11/27
- Cyclyx to invest in second Cyclyx Circularity Center 11/27
