U.S.
Global LNG market will 'be tight' until 2026 - TotalEnergies CEO
The global LNG market will be tight until 2026, Patrick Pouyanne, CEO of TotalEnergies, said at a conference in Houston.
New ASEAN Energy and ACTUAL sign cooperation agreement to develop net-zero plan for the new $5-B Pengerang Energy Complex
New ASEAN Energy and ACTUAL have formed an agreement, leveraging ACTUAL’s AI-driven capital planning technology to develop a comprehensive net-zero emissions strategy for The Pengerang Energy Complex.
bp's Indiana (U.S.) refinery back to normal operations after Feb outage
bp’s 435,000-bpd Whiting, Indiana (U.S.), refinery has returned to normal operations for the first time since a February plantwide power outage.
U.S. Justice Department is also probing ADM's ethanol trading desk
The U.S. Justice Department is investigating Archer-Daniels-Midland's ethanol trading operation as part of a broader probe of the commodities giant's accounting practices.
LyondellBasell sees strong chemical market in North America, while Europe and China lag
LyondellBasell said it was seeing a better market in North America for its chemicals so far into 2024 due to low ethane feedstock costs and better gasoline spreads, while the markets in Europe and China continue to be weaker.
U.S. crude stocks post surprise drop as refiners ramp up processing
Crude inventories fell by 1.5 MM barrels to 447 MM barrels last week, the EIA said, compared with analysts' expectations in a poll for a 1.3 MM-barrel rise.
Avfuel and Neste ink extension of SAF supply agreement
Avfuel Corporation and Neste finalized a partnership extension that keeps the companies at the forefront of SAF supply for business aviation, cementing their leadership positions in the sustainable space.
Refined fuels and oil prices: long positions decline as distillate sales stall price rally
Benchmark oil prices plateau as investors finish repurchasing bearish short positions, impacting refined fuels and U.S. natural gas with declining sales and a short covering rally, respectively.
Ethanol's dwindling discount to gasoline could slow U.S. biofuel demand
Ethanol's smallest discount to gasoline in seven months could reduce demand for U.S. biofuels and make higher ethanol blends such as E85 less profitable.
Saudi Aramco, UAE's ADNOC in talks to invest in U.S. LNG projects
Gulf oil giants Saudi Aramco and Abu Dhabi National Oil Company are in talks to invest in U.S. LNG projects, as they step up competition with oil majors and regional rival Qatar in the booming super-chilled gas market.
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
- ASTM International signs MoU with Gulf Cooperation Council Laboratory Company for Technical Services (GCC Lab TSCo.) 11/18
- Reliance buys 1 MMbbl of crude from Kuwait's KPC, trade sources say 11/18
- Vitol, Cnergyico make Pakistan's biggest single delivery of marine fuel 11/18
- Rosneft’s Ryazan refinery suspended crude processing after drone strike 11/18
- bp restores part of Olympic Pipeline after Washington (U.S.) leak 11/18
