U.S.
U.S. crude stocks post surprise drop as refiners ramp up processing
Crude inventories fell by 1.5 MM barrels to 447 MM barrels last week, the EIA said, compared with analysts' expectations in a poll for a 1.3 MM-barrel rise.
Avfuel and Neste ink extension of SAF supply agreement
Avfuel Corporation and Neste finalized a partnership extension that keeps the companies at the forefront of SAF supply for business aviation, cementing their leadership positions in the sustainable space.
Refined fuels and oil prices: long positions decline as distillate sales stall price rally
Benchmark oil prices plateau as investors finish repurchasing bearish short positions, impacting refined fuels and U.S. natural gas with declining sales and a short covering rally, respectively.
Ethanol's dwindling discount to gasoline could slow U.S. biofuel demand
Ethanol's smallest discount to gasoline in seven months could reduce demand for U.S. biofuels and make higher ethanol blends such as E85 less profitable.
Saudi Aramco, UAE's ADNOC in talks to invest in U.S. LNG projects
Gulf oil giants Saudi Aramco and Abu Dhabi National Oil Company are in talks to invest in U.S. LNG projects, as they step up competition with oil majors and regional rival Qatar in the booming super-chilled gas market.
BASF Monomers achieves a key sustainability milestone: certified sustainable products now globally accessible
With its MDI production site in Geismar, Louisiana, (U.S.) joining the ranks of ISCC PLUS and REDcert2-certified locations, BASF can now offer its customers regionally produced ISCC PLUS and/or REDcert2 certified isocyanates and polyamides all over the world.
Koch Modular advances clean technology through additional pilot study with ReGen III
Koch Modular Process Systems, a market-leading provider of engineered and fabricated modular mass transfer systems for the chemical processing industry, announces the commencement of additional pilot testing to expand ReGen III Corp.'s Molecular Separation Unit capabilities.
Reduced refinery activity puts upward pressure on gasoline and diesel prices
Although U.S. retail average prices for gasoline and diesel are below 2023 prices for this time of year, decreasing regional inventories for the major U.S. refining regions increased retail prices for both fuels last month.
IAG reaches one-third of 2030 SAF target with major e-SAF deal with Twelve
International Airlines Group announced its largest SAF purchase agreement to date, with e-SAF producer Twelve, which will supply advanced e-SAF made from made from CO2, water and renewable energy.
Biden administration (U.S.) says to finalize SAF climate model revisions within weeks
The Biden administration (U.S.) will finalize revisions to its climate model for SAF feedstocks in the coming weeks, a White House official said.
- Essar launches hydrogen power plant at Stanlow refinery (U.K.) 7/16
- Trelleborg partners with Airbus on hydrogen-powered air travel 7/16
- Neste, Mitsubishi Corporation agree on strategic partnership to develop supply chains for renewable chemicals and plastics 7/16
- Vale, Komatsu and Cummins announce collaboration to develop dual-fuel large trucks, powered by ethanol and diesel 7/16
- Mexico–U.S. energy trade value fell in 2023 on lower fuel prices 7/16
- Belarus' Mozyr oil refinery restoring operations after outage due to storm 7/16
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
