Americas
Cargill to boost biodiesel production through acquisition of Granol's soy crushers in Brazil
The U.S. company last month announced a binding offer to buy the soy crushing plants as it looks to boost biodiesel production and expand operations in the world's biggest soy producer.
Global diesel shortage boosts prices
Global distillate fuel oil inventories remain much lower than normal for the time of year which is putting strong upward pressure on fuel prices.
Sempra Infrastructure completes sale of non-controlling interest in Port Arthur LNG Phase 1 to KKR
Sempra Infrastructure announced that it has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR.
USDA to adjust GHG model to help ethanol get aviation fuel subsidy
The U.S. Department of Agriculture will spend up to $400,000 to adjust a federal greenhouse gas emissions model to ensure that aviation fuel made from corn-based ethanol is eligible for hefty subsidies.
U.S. East Coast scrambles for distillates ahead of refiner maintenance
U.S. East Coast fuel suppliers are scrambling for distillate supplies ahead of planned maintenance at two key refineries that are set to further tighten supplies and boost prices in the populous region that already has low inventories ahead of winter.
Russia to deliver second oil cargo to Brazil in September
Russia loaded the second oil cargo for delivery to Brazil in September.
Korean Air introduces Cargo SAF Program
Korean Air will launch a program to use SAF for air cargo operations in cooperation with air cargo customers and forwarders.
Marathon Galveston Bay, Texas, (U.S.) FCC expected to be shut until late this week
The fire-damaged, gasoline-producing fluidic catalytic cracker at Marathon Petroleum's 593,000 bpd Galveston Bay Refinery in Texas City, Texas, is expected to be shut until late this week.
Several injured in blast at ethanol biofuel plant in Illinois (U.S.)
Several employees were injured at an Archer-Daniels-Midland facility in Decatur, Illinois, after an explosion within its processing complex.
TotalEnergies restarted Port Arthur, Texas (U.S.) refinery coker
TotalEnergies restarted the coker at its 238,000-bpd Port Arthur, Texas refinery - the 150,000-pd ACU-1 crude distillation unit and 60,000-bpd vacuum distillation unit-2.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
