U.S.
U.S. speeds up purchasing for Strategic Petroleum Reserve as oil prices dip
U.S. President Joe Biden's administration said on Friday it has increased purchasing of crude oil to replenish the Strategic Petroleum Reserve following its historic sale from the stockpile in 2022.
Cerilon GTL advances engineering work, with FID scheduled for mid-2026
Cerilon announced today that it has successfully completed front-end-loading (FEL 2) for its gas-to-liquids (GTL) facility in North Dakota and is moving into front-end engineering design (FEED), the last stage before the company makes a final investment decision (FID) for its foundational GTL project.
Element Fuels readies site for H2-powered refinery in south Texas (U.S.)
Located within the Port of Brownsville, the complex is designed to exclusively process domestic high-gravity shale oil into high-octane, low-carbon fuels and low-carbon hydrogen, produce reliable electricity.
Technip Energies, Turner Industries awarded contract by ExxonMobil for Louisiana CCS project (U.S.)
Technip Energies, in consortium with Turner Industries, has been awarded the engineering, procurement and construction (EPC) contract by ExxonMobil Low Carbon Solutions Onshore Storage LLC. Technip Energies will oversee the engineering and procurement while Turner Industries will be responsible for the construction.
Consortia target Citgo's Texas refinery as auction deadline looms
Citgo Petroleum's smallest and least profitable oil refinery has been thrust into the spotlight as a potential breakout candidate ahead of next week's court auction to pay over $20 B in Venezuela-related claims.
Lummus Technology takes lead position in RWDC Industries, accelerating development of first commercial-scale PHA facility
Lummus Technology has taken a lead investor position in RWDC Industries' convertible bond round, further strengthening the partnership between the two companies to bring polyhydroxyalkanoates (PHA) to the global market.
KBR, Sumitomo form technology licensing alliance for sustainable propylene oxide production
KBR and Sumitomo Chemical announced that they have signed an alliance agreement to make KBR an exclusive licensing partner for Sumitomo Chemical's state-of-the-art propylene oxide by cumene (POC) technology.
DuPont announces plan to separate into three separate companies
DuPont announced a plan to separate into three distinct, publicly traded companies.
EIA: U.S. crude stocks, gasoline and distillate inventories rise
U.S. crude stocks, gasoline and distillate inventories rose last week, the U.S. Energy Information Administration (EIA) said on Wednesday.
U.S. Department of Energy reopens $15-MM voucher program for clean energy technology
The U.S. Department of Energy Office of Technology Transitions, in collaboration with the Offices of Clean Energy Demonstrations, Fossil Energy and Carbon Management, and Energy Efficiency and Renewable Energy announced the reopening of five voucher opportunities to accelerate clean energy technology adoption and launch two new VOs with $15 MM in available funding.
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
- 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
