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Crude oil

DB Schenker to use Neste's renewable diesel to decarbonize logistics in Asia

Neste and DB Schenker, one of the world’s leading logistics service providers, have collaborated to work towards expanding DB Schenker’s adoption of Neste MY Renewable Diesel in Asia-Pacific. This partnership underscores the shared commitment of both companies to progress towards lower-emission logistics. 

U.S. EPA's upcoming proposal on biofuel blending mandates to cover two years

The U.S. Environmental Protection Agency plans to release a proposal on biofuel blending mandates that covers two years worth of mandates, instead of a proposal that covers three years

Blue Tide, Shell Lubricants complete re-refining facility to develop high-performance lubricants

The fully operational Baytown Facility features one of the largest hydrotreaters in the re-refining industry, enabling Blue Tide to produce and sell high-quality Group II+ base oils.

Willis Sustainable Fuels selects FT CANS to boost sustainable aviation fuel production in the UK

Johnson Matthey announced that Willis Sustainable Fuels (WSF) has selected JM and bp’s award-winning Fischer Tropsch CANS™ technology for WSF’s sustainable aviation fuel project in Teesside, Northeast England.

Uganda signs deal with UAE investment firm over 60,000-bpd oil refinery

Uganda signed an oil refinery agreement with UAE-based Alpha MBM Investments for a 60% stake in a crude oil refinery in Kabaale, Hoima District.

Brookfield nears $9-B deal for Colonial Pipeline

Brookfield Asset Management is putting the final touches on a deal to acquire Colonial Pipeline, the largest U.S. fuel transportation system, for more than $9 B including debt.

Cenovus refinery in Ohio (U.S.) plans to shut multiple units for six weeks of work

Cenovus will begin planned maintenance work on multiple units at its 160,000-bpd refinery in Toledo, Ohio (U.S.) in mid-April.

China's Rongsheng Petchem opens Canada office, buys crude from Suncor

China's Rongsheng Petrochemical, China's largest independent refiner with capacity of 40 MMtpy or 800,000 bpd, has opened an office in Canada to buy Canadian crude and made its first purchase from local producer Suncor Energy.

Eni, Saipem extend collaboration agreement in biorefining

Eni, Saipem extend collaboration agreement in biorefining. Eni will further develop its biorefining capacity through the development of new initiatives for producing biofuels for both aviation and land/maritime transportation. 

Saudi Aramco looks to invest in Indian refineries

Saudi Aramco is in talks to invest in two planned refineries in India as the world's top oil exporter looks for a stable outlet for its crude in the world's fastest-growing emerging market