U.S.
Technip Energies and KBR selected for a major LNG project by Lake Charles LNG
Lake Charles LNG has awarded a JV between Technip Energies and KBR an engineering, procurement, fabrication and construction contract for its 16.45-MMtpy LNG export terminal in Louisiana (U.S.).
Twelve announces $645 MM in funding to transform CO2 into jet fuel and electrochemicals at scale
Twelve, the carbon transformation company that converts captured carbon dioxide (CO2) into valuable chemicals, fuels and other essential products typically made from fossil fuels, has announced $645 MM in funding.
Global refiners face profit slump as new plants come online
Oil refiners in Asia, Europe and the U.S. are facing a drop in profitability to multi-year lows, marking a downturn for an industry that had enjoyed surging returns post-pandemic and underlining the extent of the current slowdown in global demand.
U.S. offers $1.56-B conditional loan for Indiana ammonia facility
The U.S. Department of Energy (DOE) has made a conditional loan guarantee of up to $1.56 B to Wabash Valley Resources to help build a low-emissions ammonia production facility in Indiana.
Rising jet fuel stocks weigh on U.S. West Coast refiner margins
Refiner margins on jet fuel averaged $0.05/gallon (gal) at the Los Angeles trading hub last month, the lowest in at least five years, as low demand and high supplies pushed inventories to a record high.
Canada's Woodland Biofuels to invest $1.35 B at Port of Louisiana (U.S.) for renewable fuels plant
Canadian renewable fuel company Woodland Biofuels has announced an investment of $1.35 B at the Port of South Louisiana to establish a renewable natural gas (RNG) plant and ultra-green hydrogen (H2) facility.
Gevo granted U.S. patent for its novel ethanol-to-olefins process technology
Gevo, Inc. announced the U.S. Patent and Trademark Office has granted to Gevo a patent for its ethanol-to-olefins process, focusing on bio-based renewable fuel and chemical production from alcohols.
Chemicals maker Dow lowers 3Q revenue forecast on partial outage at Texas plant
U.S. chemicals maker Dow has lowered its 3Q revenue forecast due to a partial outage at one of its plants in Texas following Hurricane Beryl this past summer.
Occidental's 1PointFive secures funding of up to $500 MM from U.S. DOE
Occidental Petroleum's carbon capture and sequestration (CCS) unit 1PointFive said on Thursday that the U.S. Department of Energy's Office of Clean Energy Demonstrations (OCED) has committed up to $500 MM to support the development of its South Texas Direct Air Capture (DAC) Hub.
Water & Carbon Group launches first operational fixed-plant system in the U.S. to remove PFAS from raw leachate
In a groundbreaking development for the solid waste industry, The Water & Carbon Group has launched the first operational fixed-plant system in the U.S. for removing per- and poly- fluoroalkyl substances (or PFAS) from raw leachate.
- China's Shandong Yulong Petrochemicals to invest > $16 B to incorporate petrochemicals production at Yantai refinery 7/30
- Supertanker delivers oil to sanctioned Nayara Energy's Vadinar refinery 7/30
- Update: Microsoft restores services to Russia-backed Nayara Energy 7/30
- U.S. crude stocks and distillate inventories rise, gasoline inventories fall 7/30
- Mexico exports 39% less crude oil in June, refining and fuel production increase significantly 7/30
- CLG and INA successfully produce SAF from biogenic feedstock 7/29
