Americas
Marine fuel contamination hits U.S. Gulf Coast shippers
Contaminated marine fuels from several suppliers led to fouled engines on about a dozen vessels operating from the U.S. Gulf Coast this spring, according to Lloyd's Register and marine fuel testing service VPS.
Brent oil hovers above $80 as U.S inflation eases
Global oil benchmark Brent hovered above $80 a barrel after U.S. inflation data implied interest rates in the world's biggest economy are close to their peak.
U.S. lawmakers seek to lower biofuel blending compliance costs
A bipartisan group of U.S. lawmakers introduced legislation this week directing the Biden administration to allow oil refiners to purchase compliance credits for U.S. biofuel blending laws at a lower, fixed cost compared to the open market.
Venezuelan petroleum coke contract dispute fuels tanker queues, hunt for options
The sudden suspension of a Venezuelan contract that had boosted its exports of petroleum coke has led to a bottleneck of tankers waiting to load and sent customers scrambling for alternative supplies, according to sources and data.
Ksi Lisims LNG chooses Siemens Energy for low-carbon electrical compression design
The Ksi Lisims LNG project has awarded Siemens Energy a contract to assist with designing the project’s liquefaction compression and associated electrical systems.
Oil rises as U.S. inflation cools
Oil benchmark Brent futures breached $80 a barrel for the first time since May after U.S. inflation data suggested the interest rate hike cycle in the world's biggest economy is set to finally cool.
H.E. Minister Saad Sherida Al-Kaabi stated that QatarEnergy will supply 40% of new LNG by 2029 at the LNG 2023 "Leadership Dialogue"
His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said “40% of all the new LNG that will come to the market by 2029, when all our projects are up and running, is going to be from QatarEnergy.”
Oil prices up 2% to 10-week high on weaker US dollar, rising demand forecasts
Oil prices jumped about 2% to a 10-week high, boosted by a falling U.S. dollar, hopes for higher demand in the developing world and supply cuts by the world's biggest oil exporters.
Technip Energies and LanzaTech to collaborate on CO2-to-ethylene tech
Technip Energies and LanzaTech Global, Inc. signed a Joint Collaboration Agreement to create a new pathway to sustainable ethylene utilizing their combined technologies.
Oil dips on Chinese and U.S. data, but OPEC+ cuts limit fall
Oil prices dipped after weak economic data from top consumers the United States and China, though expected crude supply cuts from Saudi Arabia and Russia limited losses.
- Eberhard Bau signs long-term solar diesel offtake agreement with Synhelion 2/3
- Abundia Global Impact Group appoints Burns & McDonnell as front-end engineer for waste plastics-to-fuels facility 2/3
- Rutgers University researchers develop catalyst that can convert nitrate pollution in water directly into ammonia 2/3
- Italy's Eni teams up with Q8 to build biorefinery in Sicily 2/3
- French ethanol use jumps 15% in 2025, driven by gasoline demand 2/3
- Indian refiners await government advice on Russian oil import halt 2/3
