Canada
Alder Renewables, Bioenergie AE Cote-Nord to build SAF plant in Quebec, Canada
Alder Renewables and Bioénergie AE Côte-Nord have announced Project Avance, a strategic partnership to produce sustainable aviation fuel (SAF) from sawmill residues in Port-Cartier, Québec.
Digital Feature: How consensus-based standards are shaping the future of oil and natural gas worldwide
With its cross-border projects, interconnected supply chains and technical systems spanning continents, the global oil and natural gas industry is indeed complex. And while managing safety, sustainability, efficiency and reliability across these diverse environments has never been simple, the challenges continue to grow as expectations rise and technologies evolve.
Sunoco to acquire Parkland in $9-B deal as Americas fuel market consolidates
Sunoco will buy Canada-based Parkland in a deal valued at about $9.1 billion, including debt in a move the companies said would create the largest independent fuel distributor in the Americas.
Canada's Imperial Oil posts rise in quarterly profit on stronger refining margins
Canadian oil producer Imperial Oil posted a rise in first-quarter profit on Friday, driven primarily by stronger margins in its refining and fuel sales business, sending its U.S.-listed shares up nearly 6% before the bell.
Dow Chemical delays construction on multi-billion-dollar Path2Zero project in Fort Saskatchewan, Alberta, Canada
After a reported Q1 loss, Dow Chemical plans to launch an action plan to further reduce spending and deliver $6 B in cash support. The plan includes delaying construction on the company's multi-billion-dollar Path2Zero project in Alberta, Canada.
EIA: Distillate and jet fuel contribute to record U.S. petroleum product exports in 2024
In 2024, U.S. exports of total petroleum products increased to a record 6.6 MMbpd annual average, according to the U.S. Energy Information Administration (EIA). Annual U.S. petroleum product exports increased by 495,000 bpd as U.S. exports of distillate fuel oil—typically sold as diesel—and jet fuel increased compared with 2023, while exports of total motor gasoline decreased.
Analysis: U.S. refiners unlikely to spend big to process more domestic oil
U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less oil from top suppliers Canada and Mexico, industry sources and analysts said, an obstacle to President Trump's plan to boost oil output.
Suncor reports planned equipment shutdown at Montreal refinery
Suncor is conducting planned equipment shutdowns for maintenance works starting April 8, 2025. Maintenance works are scheduled to last approximately 5 weeks at the Montreal refinery.
Oil, gas and refined product imports exempted from Trump’s sweeping tariffs
The exemption will come as a relief to the U.S. oil industry, which had expressed concerns that new levies could disrupt flows and raise costs on everything from Canadian crude oil serving Midwest refineries to European cargoes of gasoline and diesel to the eastern seaboard.
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.
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
