U.S.
Motiva buys cargo of Venezuelan heavy oil for March delivery; first purchase since 2019
Aramco acquired Motiva Trading in 2023 and became the sole supplier of Motiva Enterprises, which owns the 640,500-bpd refinery in Port Arthur, Texas, the largest in the United States.
U.S. seeks forfeiture of oil tanker and 1.8 MMbbl of Venezuelan oil
The oil supertanker was seized by the U.S. near Venezuela in December as part of a pressure strategy against President Nicolas Maduro, who was captured in a U.S. military operation on January 3.
Trump EPA to shift at least half of waived biofuel obligations to big refiners
The decision could be unwelcome news for larger oil refiners that have argued that additional blending obligations would raise their costs. But it could help the biofuel industry by boosting demand for blending credits.
EIA: U.S. crude inventories rise the most in 3 yrs as refinery demand slips, imports increase
U.S. crude inventories rose by the most last week since February 2023, as refinery utilization slowed and imports increased, the U.S. Energy Information Administration (EIA) said.
Dimensional Energy and Idemitsu partner on low‑carbon fuels and materials
Leveraging each company’s technological expertise, business assets, and regional networks, both parties seek to create new value that contributes to betterment of the environment and sustainable development of the society and economy of the Americas.
Saudi Aramco sells first Jafurah condensate cargoes to U.S. firms, India
The Jafurah project, estimated to contain 229 Tsft3 of raw gas and 75 Bbbl of condensate, is central to Aramco's ambitions to boost its gas output to become a major global natural gas player and to expand its offerings of light crude grades.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
