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U.S.

Consortia target Citgo's Texas refinery as auction deadline looms

Citgo Petroleum's smallest and least profitable oil refinery has been thrust into the spotlight as a potential breakout candidate ahead of next week's court auction to pay over $20 B in Venezuela-related claims.

Lummus Technology takes lead position in RWDC Industries, accelerating development of first commercial-scale PHA facility

Lummus Technology has taken a lead investor position in RWDC Industries' convertible bond round, further strengthening the partnership between the two companies to bring polyhydroxyalkanoates (PHA) to the global market.

KBR, Sumitomo form technology licensing alliance for sustainable propylene oxide production

KBR and Sumitomo Chemical announced that they have signed an alliance agreement to make KBR an exclusive licensing partner for Sumitomo Chemical's state-of-the-art propylene oxide by cumene (POC) technology.

DuPont announces plan to separate into three separate companies

DuPont announced a plan to separate into three distinct, publicly traded companies.

EIA: U.S. crude stocks, gasoline and distillate inventories rise

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

U.S. Department of Energy reopens $15-MM voucher program for clean energy technology

The U.S. Department of Energy Office of Technology Transitions, in collaboration with the Offices of Clean Energy Demonstrations, Fossil Energy and Carbon Management, and Energy Efficiency and Renewable Energy announced the reopening of five voucher opportunities to accelerate clean energy technology adoption and launch two new VOs with $15 MM in available funding.

Verde Clean Fuels awards gas-to-gasoline FEED contract to Chemex Global

The proposed project aims to utilize Verde Clean Fuels’ proprietary STG+ process to convert natural gas from Diamondback Energy’s Permian Basin operations into gasoline.

Turning turnarounds into a competitive advantage through a digital ecosystem

This article, written by ExxonMobil, details how the company uses a digital reality ecosystem to optimize maintenance and turnarounds.

Trillium Renewable Chemicals selects INEOS Green Lake for world's first demo plant for sustainable acrylonitrile production

Trillium Renewable Chemicals announced the selection of INEOS Nitriles’ Green Lake facility in Port Lavaca, Texas to establish the world’s first demonstration plant for converting plant-based glycerol into acrylonitrile.

Goldman Sachs: Global LNG market to grow by 50% by 2029

Growth in oil investment shows signs of peaking in non-OPEC countries, while investment in liquified natural gas (LNG) is expected to increase more than 50% by 2029, according to Goldman Sachs Research.