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U.S.

U.S. refiners' 2Q profits fall on low margins, soft fuel demand

U.S. oil refiners are expected to report sharply lower 2Q earnings from a year ago after a listless summer driving season that weakened refining margins.

India's Reliance gets U.S. nod to import oil from Venezuela

India's Reliance Industries has received approval from the U.S. to resume importing oil from Venezuela despite Washington's sanctions.

Neste’s newly-commissioned Houston terminal capacity expands availability of Neste’s SAF at airports

Neste has commissioned terminal capacity at ONEOK’s terminal in Houston, Texas for blending and storing Neste MY Sustainable Aviation Fuel™.

Calcasieu Refining shuts Louisiana refinery after chemical overflow

Calcasieu Refining Company has shut down operations at its 135,500-bpd Lake Charles refinery after a chemical overflow caused heavy flaring, according to a local media report on Thursday. 

Argentine biofuels chamber calls new U.S. biodiesel duties illegal

The U.S. Commerce Department slapped anti-dumping duties of between 60.44% to 276.65% on biodiesel from Argentina and Indonesia, on top of already steep anti-subsidy duties. The Argentine Chamber of Biofuels said that increased U.S. duties on Argentine biodiesel were "arbitrary and illegal" and would shut Argentina out of the market in the U.S.

ONEOK announces refined products pipeline expansion to the Greater Denver area

ONEOK Inc. has announced plans to expand its pipeline capacity connecting Mid-Continent and Gulf Coast refined products supply with the greater Denver (Colorado, U.S.) area to meet growing demand and increase connectivity with Denver International Airport (DIA).

Canadian crude exports from U.S. Gulf Coast fall only slightly despite TMX startup

About 150,000 bpd of Canadian crude were exported from the U.S. Gulf Coast in June, slightly lower than average, despite the expansion of the Trans Mountain pipeline (TMX), which pulled some barrels west to Vancouver.

ClearSign Technologies to install 26 burners at U.S. Gulf Coast chemical facility

ClearSign Technologies will retrofit four process heaters with a total of 26 ClearSign Core™ burners to be installed in a U.S. Gulf Coast chemical facility.    

CF Industries, POET to demonstrate use of low-carbon ammonia fertilizer to reduce carbon intensity of corn production and ethanol

CF Industries Holdings Inc., a leading global manufacturer of hydrogen and nitrogen products and the world’s largest producer of ammonia, and POET LLC, one of the world’s largest producers of biofuel and a global leader in sustainable bioproducts, will collaborate to pilot the use of low-carbon ammonia fertilizer to reduce the carbon intensity of corn production and ethanol.

U.S. crude stocks fall, gasoline and distillate inventories rise

U.S. crude stocks fell while gasoline and distillate inventories rose in the week ending July 12.