U.S.
India likely to boost purchases of U.S. oil, gas following Trump's announcement
India is likely to increase its purchases of U.S. oil and gas after U.S. President Donald Trump's announcement to maximize U.S. oil and gas production.
Marathon restarts hydrotreater at Galveston Bay Refinery, Texas (U.S.)
On Friday, Marathon Petroleum Corp. began restarting the resid hydrotreater (RHU) at its 631,000-bpd Galveston Bay Refinery in Texas City, Texas.
First-ever ammonia and propane co-loaded vessel completes voyage from U.S. to Europe
Trafigura, in collaboration with CF Industries, announced the completion of the first co-loaded ammonia and propane shipment operation of its kind. In early January, the Green Power Medium Gas Carrier (MGC) completed a single voyage from the U.S. to Europe loaded with ammonia from CF Industries and with liquefied petroleum gas (LPG or propane) in separate tanks.
Global diesel prices spike as U.S. hits Russia with new sanctions
Global diesel prices and refining margins spiked following the latest round of U.S. sanctions on Russia's oil trade on expectations the measures would tighten supplies, according to analysts and LSEG data.
Toyota unit Hino Motors reaches $1.6-B U.S. diesel emissions settlement
Toyota Motor unit Hino Motors has agreed a $1.6-B settlement with U.S. agencies and will plead guilty over excess diesel engine emissions in more than 105,000 U.S. vehicles.
Update: Colonial Pipeline's main U.S. gasoline artery likely shut until Friday
Colonial Pipeline's main U.S. gasoline artery is expected to remain shut through Friday as the company continues to search for the source of a suspected leak in Paulding County, Georgia.
EIA: U.S. crude stocks fall, gasoline and distillate inventories rise
U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) said on Wednesday.
South Korea considering buying more U.S. oil and gas
South Korea is interested in importing more U.S. oil and gas to diversify energy sources and ensure stable supplies given tensions in the Middle East.
California (U.S.) withdraws clean truck EPA waiver request ahead of Trump inauguration
California said on Tuesday it has withdrawn its request for a federal waiver to require commercial truckers to transition to zero-emissions vehicles, preempting an expected denial from the incoming administration of President-elect Donald Trump.
Colonial Pipeline shuts main gasoline artery after potential gasoline spill
Colonial Pipeline, the largest U.S. fuel pipeline operator, said on Tuesday that the main artery moving gasoline from the U.S. Gulf Coast to the East Coast has been shut since Monday night due to a potential spill in Paulding County, Georgia.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
