U.S.
Baker Hughes, UC Berkeley (U.S.) establish global decarbonization research institute
Baker Hughes, an energy technology company, and the University of California, Berkeley (U.S.) have announced a new long-term research partnership to establish the Baker Hughes Institute for Decarbonization Materials at UC Berkeley’s College of Chemistry.
Phillips 66 outlines nearly $3-B capital program for 2025
Phillips 66 announced a 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital.
Marathon, Teamsters reach pay deal at Detroit (U.S.) refinery
Teamsters members working at Marathon Petroleum's Detroit refinery have voted to ratify a seven-year collective bargaining agreement, the company and the union said on Sunday, three months after workers walked off the job.
Drax to supply biomass pellets to U.S. SAF project
British power company Drax has reached an agreement on the terms of a multi-year supply deal of biomass pellets for Pathway Energy's proposed SAF project in the United States.
EIA: U.S. crude stocks fall, fuel inventories rise on robust refining
U.S. crude inventories fell for the third time in a row, while fuel stockpiles rose in the week ending December 6, the U.S. Energy Information Administration (EIA) said, as refinery activity remained seasonally strong.
Global diesel prices to rely on refinery closures for support in 2025
The global diesel market will likely find price support in 2025 from the closure of about 1% of refining capacity, traders and analysts said, offsetting current weakness and structural downward pressure as the world shifts to cleaner fuels.
Phillips 66 teams with NextEra Energy Resources to power Rodeo Renewable Energy Complex with solar facility
Phillips 66 is teaming up with a subsidiary of NextEra Energy Resources, LLC to power Phillips 66’s Rodeo Renewable Energy Complex with a 30.2-MW solar facility.
Braya Renewable Fuels considering 'economic shutdown' of California refinery less than one year after reboot
Braya Renewable Fuels, confirmed Monday that it's considering an 'economic shutdown' of the Placentia Bay, California (U.S.) facility, less than one year after it began producing renewable fuels.
U.S. diesel exports to ARA set to rise on scarce European supply, firm US production
Diesel shipments from the U.S. Gulf Coast to Europe's main trading and refining hub, the Amsterdam-Rotterdam-Antwerp (ARA) region, are set to rise owing to improving export margins on the back of scarce supply in Europe and rising U.S. refinery production.
Biden administration will not finalize clean fuel tax credit guidance
Biden administration officials will not finalize highly anticipated guidelines on new clean fuel production tax credits aimed at the airline and biofuel industries before they leave in January, casting doubt on the future of a key piece of the U.S. president’s climate agenda.
- Indian Oil buys first Colombian oil under Ecopetrol contract 12/31
- Ukrainian drone attack sparks fire, damages equipment at Tuapse refinery 12/31
- Chile's $2.5-B Volta green ammonia project wins environmental permit 12/31
- China begins issuing second batch of 2026 crude import quotas to refiners 12/31
- EIA: U.S. crude, fuel inventories rose in the week ended December 19 12/30
- Ghana's Tema oil refinery restarts after 9-yr shutdown 12/30
