Refining
bp plans to sell its mobility and convenience business in Austria
bp announced its intention to sell its mobility and convenience business in Austria.The marketing process will begin immediately, with the aim of reaching sale completion by the end of 2025, subject to regulatory and all relevant approvals.
China's Rongsheng Petchem opens Canada office, buys crude from Suncor
China's Rongsheng Petrochemical, China's largest independent refiner with capacity of 40 MMtpy or 800,000 bpd, has opened an office in Canada to buy Canadian crude and made its first purchase from local producer Suncor Energy.
Trump administration (U.S.) tells oil and biofuels groups to hash out new biofuel policy
U.S. President Donald Trump's administration has asked oil and biofuels producers to hash out a deal on the next phase of the nation's biofuels policy to avoid the kind of political clashes that marked his first term.
Eni, Saipem extend collaboration agreement in biorefining
Eni, Saipem extend collaboration agreement in biorefining. Eni will further develop its biorefining capacity through the development of new initiatives for producing biofuels for both aviation and land/maritime transportation.
Consortium concludes MoU for study on SAF, bio-naphtha and renewable diesel from domestic forest residues
Japan Airlines Co., Ltd., Marubeni Corporation, Mitsubishi Chemical Corporation, Chugoku Lumber Co., Ltd., Boeing Japan KK and Obayashi Corporation have concluded a memorandum of understanding on a preliminary business feasibility study for the manufacture and sale of sustainable aviation fuel, bio-naphtha and renewable diesel from domestic forest residues.
Saudi Aramco looks to invest in Indian refineries
Saudi Aramco is in talks to invest in two planned refineries in India as the world's top oil exporter looks for a stable outlet for its crude in the world's fastest-growing emerging market
Gulf Energy Information opens nominations for 2025 Excellence Awards
Gulf Energy Information is pleased to announce that nominations are now open for the 2025 Gulf Energy Information Excellence Awards, the premier international honors recognizing outstanding innovation, leadership, and achievement across the global energy sector.
U.S. biodiesel use increases outside of the transportation sector
A small but increasing amount of biodiesel in the U.S. is consumed in the residential, commercial, and electric power sectors, according to new estimates now published in the U.S. EIA's State Energy Data System.
Signature Aviation brings blended sustainable aviation fuel to six new European locations
Signature Aviation has announced the expansion of its blended sustainable aviation fuel (SAF) offering at six new locations across Europe following multiple blended SAF supply agreements.
Glencore's South African refinery invests in cleaner fuels
Astron Energy, a unit of global commodity trader Glencore, will invest up to 6 B rand ($328 MM) to install new equipment and become compliant with South Africa's cleaner fuel specifications ahead of a 2027 deadline.
- Colombia's Ecopetrol to invest up to $700 MM in SAF production plant 4/2
- Ergon to invest $400 MM to expand gasoline production at Vicksburg refinery (U.S.) 4/2
- DB Schenker to use Neste's renewable diesel to decarbonize logistics in Asia 4/2
- U.S. EPA's upcoming proposal on biofuel blending mandates to cover two years 4/2
- ExxonMobil to invest more than $100 MM in Baton Rouge upgrade to produce high-purity isopropyl alcohol 4/2
- Stockholm Exergi to begin building one of the world's largest carbon capture projects using CATACARB Enhanced HPC 4/2
