U.S.
EIA: Increasing U.S. gasoline inventories are reducing gasoline prices
Weekly U.S. average gasoline prices have declined $0.19/gallon (gal) since the 2024 high on April 22, falling to $3.48/gal on July 1, $0.05/gal less than the price a year ago. Increasing gasoline inventories, relatively weak demand and oil prices below recent peaks are all contributing to falling gasoline prices, according to the U.S. Energy Information Administration (EIA).
Business Trends: Global Energy Talent Index: A detailed analysis on the petrochemicals industry’s workforce
This article provides an overview of the global petrochemicals sector’s workforce, as well as how AI is reshaping job roles, skills, adoption, popularity and policy awareness across the industry, and anticipate the major risks and opportunities it presents.
Aether Fuels secures $34 MM to scale-up proprietay sustainable fuels technology
Aether Fuels announced that it has secured $34 MM in Series A financing from a syndicate of global investors. With this financing, Aether plans to accelerate the scale-up of Aether Aurora™, the company’s proprietary technology to create sustainable fuels for the aviation and ocean shipping industries.
New DNV survey highlights oil and gas sector paradox
The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.
U.S. Chemical Safety Board issues final report into fatal 2022 fire at bp-Husky Refinery near Toledo, Ohio (U.S.)
Today, the U.S. Chemical Safety and Hazard Investigation Board (CSB) issued its final investigation report into the fatal naphtha release and fire at the BP-Husky Toledo Refinery in Oregon, Ohio, on September 20, 2022, which resulted in the death of two bp employees.
New Energy Blue and ARCO/Murray partner to build biomass refineries to produce sustainable fuels and chemicals
New Energy Blue, the clean-energy developer whose technology converts agricultural waste into lowest-carbon biofuels and biochemicals, and ARCO/Murray announced a partnership to build out the New Energy Biomass Refinery designed platform across the American Midwest.
NEXTCHEM (Maire) awarded licensing contract for DG Fuels’ SAF plant in the U.S.
MAIRE S.p.A. has announced that NEXTCHEM (Sustainable Technology Solutions BU), through its subsidiary MyRechemical, a leader in the waste-to-chemical segment, has signed a licensing contract with DG Fuels Louisiana, LCC in relation to its proprietary NX Circular gasification technology.
INEOS announces groundbreaking on the INEOS Hickerson solar project
INEOS Olefins & Polymers USA and NextEra Energy Resources LLC has announced the groundbreaking on INEOS Hickerson Solar, a new 310-megawatt (MW) solar project located in Bosque County, Texas, U.S.
Dow advances mechanical recycling offering by agreeing to acquire Circulus
Dow has signed an agreement to acquire Circulus, a leading recycler of plastic waste into post-consumer resin (PCR). This transaction includes two facilities—one in Ardmore, Oklahoma, and another in Arab, Alabama—with a total capacity of 50,000 metric tpy.
Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
Several refiners are evaluating a new gasoline-formulation technology called hydrogen (H2)-rich-content (HRC) gasoline. This patented technology uses low-sulfur, H2-rich refinery blendstocks like straight-run gasoline, isomerates, alkylate, butanes and renewable naphtha in gasoline blends, and adds aromatic amines (a high-octane gasoline additive) to make a drop-in specification gasoline.
- BGN announces strategic MoU with XCF Global to produce and supply SAF 11/17
- KazMunayGas and Uzbekneftegaz partner to build 50,000-tpy linear alkylbenzene plant 11/17
- Chevron joins race to explore potential purchase of Lukoil assets, including refineries 11/17
- Abra Group and Sumitomo sign MoU to advance affordable SAF in Brazil 11/17
- Sonatrach signs contract for unit with Sinopec subsidiary to boost gasoline production capacity 11/17
- Verso Energy awards FEED contract to Rely for the DEZiR eSAF project 11/17
