U.S.
Oxford Flow secures ES valve order worth nearly $1 MM with bp in the U.S.
Oxford Flow, the flow control equipment specialist, has secured its largest order to date, valued at nearly $1 MM, for its ES stemless axial flow valves. The order from bp is a significant milestone in Oxford Flow’s expansion in the U.S. market.
API pushes U.S. for national ethanol policy after EPA okays Midwest expansion
The American Petroleum Institute (API) trade group on Monday pressed for a nationwide policy on higher-ethanol blends of gasoline after President Donald Trump's administration said on Friday it would move ahead with expanded sales of the product in certain Midwestern states.
U.S. piles pressure on Iraq to resume Kurdish oil exports
U.S. President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face sanctions alongside Iran.
Resynergi secures $18 MM to accelerate plastic recycling innovation
Resynergi has raised $18 MM in Series B extension funding led by Taranis, the investment and asset management company of Perenco Group.
U.S. refiners mull switch to alternative lighter crudes amid Trump tariff fears
Top U.S. refiners are poised to seek alternative sources for heavy, sour crudes, including running more domestic grades, as they await clarity around U.S. President Donald Trump's threatened tariffs on imports from the nation's top crude suppliers Canada and Mexico.
HF Sinclair posts bigger-than-expected loss as refining margins shrink
U.S. refiner HF Sinclair on Thursday posted a bigger-than-expected loss for the fourth quarter, becoming the latest energy company to take a hit from weak refining margins and rising global capacity.
U.S. oil, biofuel groups unite to urge new Trump EPA to boost biofuel mandates
U.S. oil and biofuel groups banded together this week to urge the new Trump administration to increase volumes of renewable fuels that must be blended into the nation's fuel mix in 2026 and beyond.
Update: Montana Renewables receives first drawdown from $1.44-B DOE loan facility
Calumet Inc. has announced that Montana Renewables LLC (MRL), an unrestricted subsidiary of Calumet, has received its first drawdown of approximately $782 MM from its $1.44-B guaranteed loan facility with the U.S. Department of Energy (DOE) Loan Programs Office (LPO). The loan funds the construction and expansion of the renewable fuels facility owned by Montana Renewables.
CITGO launches strategic brand licensing program as part of fuels business
The CITGO brand is extending to five new geographic markets in the U.S. with the launch of a brand licensing program for qualified marketers and retailers.
Consumption of renewable diesel continues general growth trend on the U.S. West Coast
Renewable diesel is increasingly replacing petroleum diesel on the U.S. West Coast, where state-level policies are attracting new production capacity and shipments to the region.
- Envision Energy powers world's first green marine ammonia bunkering 7/25
- New catalyst breakthrough could make clean ammonia easier to produce 7/25
- U.S. Gulf refiners seek Middle East, S. American oil to offset Venezuela, Mexico losses 7/25
- CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions 7/25
- PetroChina makes FID for new northeast refinery complex 7/25
- Valero Energy beats Q2 profit estimates as refining margins improve 7/24
