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U.S.

U.S. to impose further sanctions on Russian oil fleet and traders

The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S. Treasury document circulating among traders in Europe and Asia that drove global oil prices 3% higher on Friday.

Kinder Morgan fuel pipelines return to service after Californian power outages

Kinder Morgan Inc. said two of its fuel pipelines, SFPP West and CALNEV, had returned to service on Friday, having been shut down since Jan. 8 due to power outages in Southern California.

U.S. DOE and EPA announce $6 MM to support development of advanced biofuels

The U.S. Department of Energy Bioenergy Technologies Office and the U.S. Environmental Protection Agency announced $6 MM in funding for three projects that will advance biofuel development and support U.S. leadership in energy and emissions innovation.

U.S. oil imports from Canada hit record ahead of tariff threat

U.S. crude oil imports from Canada rose last week to the highest on record, ahead of incoming U.S. president Donald Trump's plans to levy a 25% tariff on Canadian imports.

Neste, Bayer collaborate to develop novel vegetable oils for possible renewable fuels production

Neste and Bayer, a global enterprise with core competencies in the life science fields of health care and agriculture, have signed a memorandum of understanding (MoU) aimed at developing a winter canola ecosystem in the U.S, including identifying partners and developing the value chain together, and scaling winter canola production as a raw material for renewable products.

EIA: U.S. crude stocks fall, fuel inventories rise

U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) said on Wednesday.

U.S. Gulf Coast fuel oil imports hit record low as Latin America deliveries slow

Fuel oil deliveries into America's largest refining hub on the U.S. Gulf Coast fell to a record low in December, according to data from ship tracker Kpler, as Latin American supplies dried up.

Exxon sues California AG, environmental groups over attacks on recycling efforts

ExxonMobil filed a lawsuit on Monday against California Attorney General Rob Bonta and several environmental groups, court records show, accusing them of defaming and disparaging the oil giant's advanced plastics recycling initiatives.

Mitsubishi Chemical abandons 350,000-tpy MMA plant in Louisiana (U.S.)

Mitsubishi Chemical announced that it will not pursue a 350,000-tpy MMA Plant in Geismar, Louisiana" dated December 9, 2020, the Group had been considering the construction of a new Methyl methacrylate monomer plant in Geismar, Louisiana (U.S.), citing a failure to obtain long-term offtake contracts.

GTI Energy secures U.S. DOE and EPA funding to advance methane monitoring and mitigation solutions

GTI Energy has been awarded nearly $250 MM in federal funding from the U.S. Department of Energy (DOE) and the U.S. Environmental Protection Agency (EPA) to lead four projects under the Methane Emissions Reduction Program (MERP).

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