U.S.
ConocoPhillips to acquire Marathon Oil Corporation for $22.5 B
ConocoPhillips and Marathon Oil Corporation announced today that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 B.
U.S. Gulf Coast imports of straight-run fuel oil at record as global supply jumps
Imports of straight-run fuel oil (SRFO) to the U.S Gulf Coast were set to climb to record levels this month as Mideast and African suppliers ramped up exports and U.S. refiners scrambled for heavy feedstocks.
U.S. biodiesel imports have doubled since 2022
Annual U.S. biodiesel imports doubled from 2022 to 2023 to 33,000 bpd and continued to rise in the first two months of 2024.
NYK Bulkship (Asia) commences first shipment of sustainable aviation fuel
On May 25, NYK Bulkship (Asia) Pte. Ltd. (NBAsia) commenced its first shipment of sustainable aviation fuel (SAF). The SAF left Singapore on an MR-type product tanker and will be unloaded at the port of Los Angeles and San Francisco (U.S.) and delivered to the airports in the region.
INEOS and Hanwha to study low-carbon ammonia facility in the U.S.
Hanwha Corporation and INEOS Nitriles will collaborate in a study for a low-carbon ammonia facility with carbon sequestration in the U.S., with a capacity of more than 1 metric MMtpy.
Colonial pipeline (U.S.) halts some fuel deliveries for maintenance
The Colonial Pipeline, the largest refined fuel pipeline in the U.S., conducted system maintenance on Thursday that required a temporary halt of some deliveries.
Verbio commences biorefinery conversion project in Indiana (U.S.)
Verbio has begun converting its South Bend ethanol plant into a cutting-edge biorefinery. With a groundbreaking ceremony, Verbio aims to integrate renewable natural gas (RNG) and bioethanol production through innovative methods.
Why poultry fat is emerging as a solution for the renewable energy industry’s increasing need for diverse biofuel feedstocks
Throughout the past decade, biofuels production has significantly increased. Some of the largest growth in the sector has been with fuels that rely on lipids, such as vegetable oils and animal fats, as feedstock. This includes biodiesel, renewable diesel and sustainable aviation fuel (SAF).
A novel process to help refinery operations comply with the U.S. Renewable Fuel Standard
The Renewable Fuel Standard (RFS) is a regulation that requires refineries in the U.S. to output a certain percentage of their fuel from renewable sources, such as plants or animal waste. The U.S. Environmental Protection Agency (EPA) sets the minimum proportion of renewable fuel every year. The goal of the RFS is to reduce greenhouse gas emissions and dependence on fossil fuels.
Tackle operational challenges with FCC coprocessing applications
Refiners are actively developing new solutions to decarbonize their finished products—such as transportation fuels or commodity chemicals—as part of the energy transition. As a result, refiners are now exploring the co-feeding of alternative feedstocks, including renewable and recyclable crude oils, as a means of lowering the carbon footprint of their products.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
