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Digital Feature: How consensus-based standards are shaping the future of oil and natural gas worldwide

With its cross-border projects, interconnected supply chains and technical systems spanning continents, the global oil and natural gas industry is indeed complex. And while managing safety, sustainability, efficiency and reliability across these diverse environments has never been simple, the challenges continue to grow as expectations rise and technologies evolve.

Mitsubishi Chemical Corp. receives recyclability certification for advanced, multi-layer food packaging materials

Mitsubishi Chemical Corporation announced that its multi-layer film containing SoarnoL™, a gas barrier resin used in food packaging materials, and Soaresin™, a recycling aid, has received recyclability certification from U.S. recyclability certification organization the Association of Plastic Recyclers (APR).

United to invest in power-to-liquid fuels company Twelve

United has announced an investment in Twelve, an innovative low-carbon fuels company that uses a process similar to photosynthesis to transform carbon dioxide (CO2) and water into sustainable aviation fuel (SAF) using renewable energy.

ExxonMobil agrees to supply Japan's Marubeni with low-carbon ammonia

ExxonMobil has signed a long-term agreement to supply 250,000 metric tpy of low-carbon ammonia to Japanese trading house Marubeni, representing ExxonMobil's first signed customer agreement for its planned hydrogen facility in Baytown, Texas.

SunGas Renewables' $2-B Beaver Lake Renewable Energy Project enters final stage of development

SunGas Renewables Inc. announced the start of front-end engineering design (FEED), marking the beginning of the final stage of development for its flagship project, Beaver Lake Renewable Energy.

Top U.S. refiner Marathon Petroleum swings to quarterly loss on lower margins

Marathon Petroleum swung to a loss in the first quarter, the company reported on Tuesday, the latest U.S. refiner hit by lower refining margins during a period marked by elevated maintenance and turnaround activity across the industry.

EIA: Supply issues, compliance costs drive up California (U.S.) fuel prices

Drivers in California pay higher prices at the pump than any other state in the country due to supply issues, costs from environmental compliance and fuel requirements, and high state taxes and fees,

Sunoco to acquire Parkland in $9-B deal as Americas fuel market consolidates

Sunoco will buy Canada-based Parkland in a deal valued at about $9.1 billion, including debt in a move the companies said would create the largest independent fuel distributor in the Americas.

EIA: Oil prices and refinery margins fell slightly in first quarter of 2025

During the first quarter (1Q) of 2025, crude oil prices generally decreased while U.S. refinery margins initially increased before decreasing in the final month of the quarter. In its quarterly update, the U.S. Energy Information Administration (EIA) reviews petroleum markets price developments in 1Q, covering crude oil prices, refinery margins, biofuel compliance credit prices and natural gas plant liquids prices.

Aemetis to benefit from the U.S. EPA’s approval of 15% ethanol blend

Aemetis Inc., a diversified global renewable natural gas and biofuels company, announced today that the U.S. Environmental Protection Agency (EPA) issued a waiver allowing a 15% blend of ethanol (E15) to continue to be sold after May 1st which will benefit the company through increased demand and sales of the renewable fuel nationwide.