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Management

US court rejects EPA denials of 2022 small refinery biofuel waivers

A federal appeals court rejected the Environmental Protection Agency’s decision in 2022 to deny small oil refineries temporary waivers from the nation’s biofuels blending program, and sent the matter back to the agency for review.

Italy's Saipem sees business opportunities in green ammonia

Italian energy contractor Saipem, which has traditionally focused on oil and gas contracts, sees business opportunities arising in low-carbon areas including green ammonia.

European refiners' golden era draws to end as demand sags

European oil refiners TotalEnergies and Neste warned of further weakness in profit margins amid sagging demand, signaling an end to a brief era of stellar profits that followed Russia's invasion of Ukraine.

Gulf Energy Information appoints Catherine Watkins as Chief Commercial Officer to drive market expansion

Gulf Energy Information (Gulf), a premier B2B media company in the global energy sector, proudly announces the transition of Catherine Watkins from Chief Financial Officer (CFO) to Chief Commercial Officer (CCO), effective immediately. This strategic transition aligns with Gulf’s commitment to expanding market share and driving sales growth across key markets.

People

Hydrocarbon Processing Staff: Rhodes, Mike

Senior appointment deepens KBR’s digital engineering expertise

Trading houses lure top talent, acquire refineries and assets from majors

Several high-profile energy traders have in recent weeks quit oil majors for trading houses, as talent follows assets swapping hands and as trading houses ramp up bonuses.

Hygenco, Ameropa ink cooperation for supply of green ammonia

Hygenco Green Energies and Ameropa sign green ammonia supply agreement from Hygenco's planned 1.1-MMtpy green ammonia facility in India.

Alberta says 2023/24 budget surplus smaller than forecast, cites refinery losses

Canada's main oil-producing province of Alberta on Thursday said the 2023/24 budget surplus would be smaller than initially estimated, partly due to losses incurred by the Sturgeon refinery, which is joint-owned by the province.

Aether Fuels secures $34 MM to scale-up proprietay sustainable fuels technology

Aether Fuels announced that it has secured $34 MM in Series A financing from a syndicate of global investors. With this financing, Aether plans to accelerate the scale-up of Aether Aurora™, the company’s proprietary technology to create sustainable fuels for the aviation and ocean shipping industries.

New DNV survey highlights oil and gas sector paradox

The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.