U.S.
EIA: U.S. Midwest refinery outages boost summer gasoline prices
A series of refinery outages in the U.S. Midwest caused regional gasoline prices to spike to more than 20% above the national average from July 22–August 5 during the high-demand summer driving season.
Covestro and Carlisle Construction Materials lead the way in sustainable construction using bio-circular attributed materials
Buildings and the built environment account for nearly 40% of energy use in the U.S. Architects, builders and building owners know that energy efficiency is a critical component of a sustainable future. To that end, Covestro and Carlisle Construction Materials (Carlisle) are collaborating to bring bio-circular products to the construction industry.
EIA: U.S. crude stocks, gasoline and distillate inventories fall
U.S. crude stocks, gasoline and distillate inventories fell in the week ending August 16, the U.S. Energy Information Administration (EIA) said on Wednesday.
U.S. FAA awards nearly $300 MM to SAF projects and technologies
The Federal Aviation Administration (FAA) announced that $291 MM in funding was awarded from the Inflation Reduction Act for projects that will help achieve the goal of net-zero greenhouse gas emissions from aviation by 2050.
U.S. West Coast refiners still waiting for TMX margin boost
Canada's expanded Trans Mountain (TMX) oil pipeline, which commenced commercial operations in May, so far has had little impact on crude costs at refineries on the U.S. West Coast.
California aims to tackle pump spikes by requiring gas reserves
California Governor Gavin Newsom proposed a plan on Thursday requiring oil refiners to maintain minimum reserves of gasoline in an effort to prevent price spikes.
U.S. biofuel output capacity rose last year on renewable diesel rush
Five new renewable diesel production plants opened last year, boosting U.S. output of the drop-in diesel substitute and other emerging biofuels by 44% to 282,000 bpd.
Chevron to pay $550-MM settlement to Richmond, California (U.S.)
Chevron Corp. is to pay the Richmond City Council $550 MM over 10 years in a settlement that saw it drop a proposed ballot on a new tax on the oil major's Richmond refinery.
U.S. refiners scale back crude intake as fuel stocks swell
U.S. petroleum refiners have trimmed crude processing rates in response to a rise in fuel inventories and a decline in refining margins since the start of 2Q 2024.
U.S. economy to benefit from federal SAF incentives at Gevo’s planned Net-Zero 1 facility
Gevo Inc. has released a new report by Charles River Associates (CRA) demonstrating the benefits of sustainable aviation fuel (SAF) production, including at Gevo’s planned Net-Zero 1 (NZ1) alcohol-to-jet (ATJ) SAF facility in South Dakota (U.S.).
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
