Americas
Boeing says Brazil could be top SAF player
Brazil has the potential to become one of the major global players in SA), a Boeing executive said, as the sector attempts to meet its ambitious goal of reaching net-zero carbon emissions by 2050.
China crude oil demand slips by 18.8% in July
Oil prices hit new peaks with global benchmark Brent crude hitting its highest since January after a steep drawdown in U.S. fuel stockpiles helped offset some concerns of weaker demand from China.
Indorama Ventures almost triples its PET recycling capacity in Brazil
Indorama Ventures Public Company Limited, one of the world’s largest producers of recycled Polyethylene Terephthalate resin, announced the completion of the expansion of its recycling facility in Brazil, supported by a ‘Blue Loan’ from the International Finance Corporation, a member of the World Bank.
Evonik to supply catalyst for new Röhm MMA plant
Evonik has signed an agreement to scale up and produce custom catalyst for Röhm’s new methyl methacrylate production plant in Bay City, Texas, USA, which is due to be opened in 2024.
Phillips 66, ADM in talks on biofuels joint venture
U.S. oil refiner Phillips 66 and grain trader Archer-Daniels-Midland are discussing a biofuels joint venture with an aim toward producing lower-carbon jet fuel, three people familiar with the matter said.
TotalEnergies restating Port Arthur, Texas, reformer
TotalEnergies began restarting the reformer at its 238,000-bpd Port Arthur, Texas, refinery on Monday, people familiar with plant operations said.
Montauk Renewables, Inc. signs LoI with European Energy to provide CO2 for e-methanol production
Montauk Renewables, Inc. and its subsidiary, Montauk Energy Holdings, LLC, announced the Company signed a Letter of Intent with EE North America, LLC, a North American subsidiary of Denmark–based European Energy, to deliver all biogenic Carbon Dioxide volumes from all its Texas facilities sufficient for large scale production of e-fuels such as e-methanol.
U.S. manufacturing slowdown fails to rebuild diesel stocks
U.S. manufacturers reported another decline in activity in July 2023, but industrial electricity and especially diesel consumption have declined less than expected in recent months, explaining why prices remain relatively firm.
Exxon Baytown, Texas, refinery resumes normal operations
ExxonMobil's 564,440 bpd Baytown, Texas, refinery resumed normal operations, company spokesperson Lauren Kight said, following a malfunction on a unit that triggered the plant's safety flare.
Nutrien to pause potash ramp up, ammonia project on falling prices
Nutrien decided to indefinitely pause its ramp-up plans for potash production and halt work on its clean ammonia project at Geismar, Louisiana, as the world's biggest fertilizer producer grapples with falling prices.
- Kazakhstan to build a new $10-B, 10-MMtpy refinery 2/18
- U.S. EPA expected to send 2026 biofuel blending quotas to White House this week 2/18
- Kent awarded pre-FEED contract for Eq.flight, an advanced power-to-liquids SAF project 2/18
- ABB launches integrated carbon capture measurement solution to accelerate industrial decarbonization 2/18
- CONSER awarded technology licensing/PDP contract for DMS and BDO plant in China 2/18
- Singapore marine fuel sales maintain strong start in early 2026 2/18
