Gasoline
Refiners say fuel prices could increase and production plummet if rail strike proceeds
Upon sending the letter, Chet Thomson issued the following statement stressing the importance of rail transit to the refining and petrochemical industries and the need for broader rail reform.
Carbon intensity of U.S. power generation continues to fall but varies widely by state
From 2016 to 2020, the carbon intensity of U.S. power generation fell 18%, driven by a shift in the U.S. electricity generation mix away from coal and toward natural gas and renewables.
RGGI carbon dioxide emissions price reached new quarterly record in June 2022
RGGI is a cooperative agreement among 11 U.S. states to reduce CO2 emissions from power plants; it was the first program in the country to place a cap on power sector CO2 emissions.
Venezuela's second-largest refinery disrupted by outage
Venezuela's second largest refinery has suspended gasoline production following an internal electrical failure, four sources with knowledge of the situation said.
U.S. Department of Energy invests $31 MM to advance carbon capture and storage for natural gas power and industrial sectors
The U.S. Department of Energy’s Office of Fossil Energy and Carbon Management announced more than $31 MM in funding for 10 projects to develop carbon capture technologies.
The downstream rundown: In case you missed it 08/26
In case you missed any downstream news, here are the top stories from last week.
No, TotalEnergies does not produce kerosene for the Russian army
As a shareholder of Novatek, TotalEnergies asked the management of Novatek on August 25 for information on what happens of the gas condensates produced by the Termokarstovoye field in Russia, in order to shed the fullest light on the recent controversy initiated by French daily newspaper, Le Monde.
California ban on gas & diesel cars and trucks should concern every American
“California’s radical ban on gasoline- and diesel-fueled cars and trucks will have devastating implications for consumers, energy security and the U.S. manufacturing economy. "
TotalEnergies Marine Fuels completes COSCO SHIPPING Lines’ first bunkering of marine biofuel
TotalEnergies Marine Fuels has successfully completed the first refueling of a COSCO Shipping Lines containership with sustainable marine biofuel. This operation marks TotalEnergies’ first biofuel bunkering operation for a containership in Singapore.
U.S. court upholds Conoco's $8.7 B award for loss of Venezuela assets
A U.S. court upheld a tribunal's $8.75 B award to U.S. oil producer ConocoPhillips over the expropriation of its Venezuelan oil assets, granting a default judgment in the case.
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
- Japan to boost intermediate chemical imports amid tighter naphtha supply 4/6
- Five EU countries call for windfall tax on energy companies 4/6
