Crude oil
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
U.S. crude stocks, gasoline and distillate inventories fall
U.S. crude stocks, gasoline and distillate inventories fell last week, the Energy Information Administration (EIA) said on Wednesday.
India's Reliance to stop buying Venezuelan oil over U.S. tariffs
India's Reliance Industries, operator of the world's biggest refining complex, will halt Venezuelan oil imports after the United States announced a 25% tariff on nations buying crude from the South American nation.
Trump to hit Venezuelan oil buyers with tariff, extends Chevron's wind down
U.S. President Donald Trump on Monday issued an executive order declaring that any country buying oil or gas from Venezuela will pay a 25% tariff on trades with the U.S., while his administration extended a deadline for U.S. producer Chevron to wind down operations in the South American country.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
