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Americas

U.S. biofuel credit prices hit 3-year low, expected to stay weak, EIA says

U.S. biomass-based diesel and ethanol compliance credit prices have slumped to three-year lows on declining feedstock costs and are set to stay low as renewable diesel output rises.

ACC comments on 45V clean hydrogen production tax credit proposal

The American Chemistry Council issued the following statement after submitting comments to the Internal Revenue Service in response to the Section 45V Clean Hydrogen Production Tax Credit Notice of Proposed Rulemaking.

NETL discovers breakthrough scaling approach for circulating fluidized bed technology

NETL researchers have developed a new scaling methodology for measuring and understanding the performance of key elements used in circulating fluidized bed technologies (CFB) that can speed the development of CFBs for more widespread use.

Biomass-based diesel and ethanol compliance credit prices decline 45% from start of year

The price of compliance credits for biomass-based diesel and ethanol has decreased about 45% since the start of the year, when prices were already the lowest in about three years.

MAMII expands membership with Chevron, Seapeak, and TotalEnergies joining the initiative

Leading energy companies TotalEnergies and Chevron, and major gas carrier Seapeak, have joined the Methane Abatement in Maritime Innovation Initiative, led by SafetyTech Accelerator.

Human skull discovered at Whiting (U.S.) bp oil refinery, according to East Chicago Police

Human remains, identified as a skull, were discovered at the bp Whiting Refinery in Northwest Indiana.

Motiva's Texas (U.S.) coker to restart in next two weeks, say sources

Motiva Enterprises plans to restart the large coker at its 626,000-bpd Port Arthur, Texas, refinery within the next two weeks.

Yemen's Houthis target fuel tanker Torm Thor in Gulf of Aden

Yemen's Houthis targeted MV Torm Thor, a U.S.-flagged, owned, and operated oil tanker, in the Gulf of Aden, the Iran-aligned group's military spokesman Yahya Sarea said, as the militants continue to attack shipping lanes in solidarity with Palestinians in Gaza.

TotalEnergies’ Texas refinery running at minimal rates

TotalEnergies' 238,000-bpd refinery in Port Arthur, Texas, is operating at minimal production as it contends with multiple upsets on Wednesday.

EIA: U.S. crude stockpiles rise, products draw on low refining rates

U.S. crude oil stockpiles rose last week, while gasoline and distillate inventories fell as refinery maintenance and outages kept activity low.