Americas
Neste to supply SAF to United Airlines flights departing San Francisco Int'l. Airport
Neste and United announced that the airline’s departing flights from San Francisco International Airport will be fueled by a blend of Neste MY Sustainable Aviation Fuel.
Phillips 66 beats profit estimates as refining margins soar
U.S. refiner Phillips 66 beat Wall Street estimate for first-quarter profit, joining rivals in gaining from elevated margins on sustained fuel demand amid tight crude supplies.
Exxon Mobil not quitting exploration in Brazil
Exxon Mobil Corp is not giving up on oil exploration in Brazil, the company's country chief Alberto Ferrin said during the Offshore Technology Conference in Houston.
California moves to phase-out diesel-powered trucks, cut locomotive pollution
California regulators approved new rules requiring all medium- and heavy-duty vehicles sold in the state in 2036 be zero-emission, a day after the California Air Resources Board (CARB) adopted reduced emission regulations for locomotives.
Carbon capture in syngas-based projects
Recent legislation, such as the Low Carbon Fuel Standard (LCFS) and the Inflation Reduction Act of 2022 (which was passed in the U.S.), provide financial incentives for projects generating power, transportation fuels or other forms of energy to reduce their overall carbon emissions.
Hybrid-flex cars a great asset for Brazil's decarbonization efforts
Brazil's ability to produce and sell hybrid cars that can run on 100% ethanol is a huge asset for its auto industry as global economies push for decarbonization to tackle climate change.
US April oil exports top forecasts on Chinese demand
US crude oil exports rose more-than-expected last month, building on a record 4.5 million bpd in March, as Chinese refiners snapped up cargoes to meet rising fuel demand.
US government may delay decision on electric vehicles biofuel program
The U.S. government could delay a decision on giving EV manufacturers tradable credits under a renewable fuel scheme, due to concern about legal challenges to the plan.
Business Trends: In uncertain times, how can industry balance energy security, sustainability and affordability?
What happened in 2022 has challenged assumptions about the energy transition.
Crude prices up 2% on rising U.S. oil demand and lower output
Oil prices gained about 2% after U.S. data showed crude output was declining while fuel demand was growing.
- Lummus and Sumitomo Chemical announce commercial availability of PMMA chemical recycling technology 2/4
- ExxonMobil ceases production at Fife ethylene plant 2/4
- Vietnam's Binh Son refinery signs energy MoUs with U.S. partners 2/4
- European oil refinery maintenance to rise in March 2/4
- Poland's Gdansk refinery plans cyclical maintenance from month-end 2/4
- China's Nanshan Group plans 100,000-bpd refinery in Indonesia 2/4
