Americas
U.S. EPA to remove proposed EV volumes from biofuel blending rule
The Biden administration will abandon a proposal to include the electric vehicle industry in the U.S. biofuel blending program and withdraw potentially billions of dollars worth of tradable credits that had been attributed to the scheme.
Airlines urge co-operation to help curb emissions
Airlines called for co-operation on a broad front to reach "very tough" emission targets and pledged at the end of a three-day summit to release interim climate targets next year.
U.S. diesel demand is falling despite economic growth
U.S. diesel demand will drop through 2024 despite growing economic activity, extending a recent break from tradition where demand for the freight fuel grows with GDP, the Energy Information Administration forecast.
Saudi Arabia's 'icing on the cake' oil cut could feed U.S. producers
Saudi Arabia has crafted a complex OPEC+ deal with a view to punishing investors that have bet on falling oil prices but could inadvertently lend long-term support to the rival U.S. energy industry, OPEC+ insiders and market watchers said.
Naphtha tank at Calcasieu Refining catches fire due to lightning
A tank containing naphtha at Calcasieu Refining in Lake Charles, Louisiana caught fire due to a lightning strike, local media reported.
Catalytic cracking unit at Venezuela's Cardon refinery shut down
The catalytic cracking unit at Venezuela's Cardon refinery, the country's second-biggest, has broken down and paused operations since the middle of the week.
Rio Tinto's California mine shifts trucks to run on renewable diesel
Rio Tinto Plc said it has converted trucks and other heavy equipment at its California mine to run on renewable diesel, reducing carbon dioxide emissions by 45,000 tons per year, or roughly the equivalent of 9,600 cars.
U.S. lawmakers say Brazil low-carbon fuel program blocks U.S. companies
A group of U.S. congressmen have formally complained about what they call unfair ethanol trade practices by Brazil that includes a blockade of U.S. companies seeking to take part in the Brazilian low-carbon biofuel program RenovaBio.
Oil gains 2% after U.S. debt deal and jobs data, focus turns to OPEC
Oil prices rose about 2% after the U.S. Congress passed a debt ceiling deal that averted a government default in the world's biggest oil consumer and jobs data fed hopes for a possible pause in interest rate hikes ahead of a meeting of OPEC and its allies this weekend.
Oil edges up after steep losses ahead of U.S. debt ceiling vote
Oil prices edged up after steep losses in the prior session, as market participants awaited an expected vote on a bipartisan deal to lift the $31.4-T U.S. debt ceiling.
- OMV and XRG complete transactions to create Borouge International, boosting global chemicals leadership 3/31
- Gevo announces major ethanol expansion project at North Dakota (U.S.) facility 3/31
- BASF and Avery Dennison collaborate to launch BASF’s newest acrylates based on renewable electricity: Butyl acrylate RE and 2-Ethylhexyl acrylate RE 3/31
- INPEX extends MoU with Persero for Abadi LNG project in Indonesia 3/31
- Russian oil tanker enters anchorage of Cuba's Matanzas port 3/31
- China's smaller independent refiners to curb output on rising oil prices 3/31
