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Storage

Asia-Pacific on course to become world’s largest CO2 shipping market

Vast distances between emitters and storage sites in Asia-Pacific (APAC) means the region is in line to become the world’s largest carbon dioxide (CO2) shipping market, according to a new CCUS report from global energy consultancy Xodus.

EIA: U.S. crude inventories fall by most in a year, fuel stocks build

U.S. crude oil stockpiles fell sharply last week, posting their largest decline in a year, while gasoline and distillate inventories rose.

Carbon capture tops agenda at GPAE Conference 2025

Gas Processors Association Europe brings together leading specialists at annual event in Netherlands to analyze the challenges and opportunities presented by technology at heart of Europe’s decarbonization strategy

EIA: U.S. crude stocks fall, gasoline and distillate inventories rise as refining activity increases

U.S. crude stocks fell last week as refining activity picked up, driving gasoline and distillate inventories higher.

EIA: U.S. crude stockpiles fall, fuel builds as refiners hike output

U.S. crude oil stockpiles fell last week as oil refiners ramped up production with the start of the summer driving season, while fuel inventories rose amid weaker demand, data from the U.S. Energy Information Administration (EIA) showed on Wednesday.

ABS approves first of its kind LCO2 barge for U.S. operation

ABS has awarded approval in principle (AIP) to Overseas Shipholding Group Inc. (OSG), the parent company of Aptamus Carbon Solutions, for its preliminary design of a liquefied carbon dioxide (LCO2) barge.

U.S. crude and fuel inventories fall, Nigerian crude imports jump

U.S. crude and fuel inventories all fell last week, while crude imports from Nigeria hit their highest level in nearly six years.

Asia's refined fuel imports drop, but margins still hold

Asia's imports of key refined fuels such as gasoline and diesel fell to the lowest in four years in April, driven by a combination of refinery maintenance and weaker demand in the top-importing region.

SP Chemicals plans to raise ethane use at eastern China petchem plant

SP Chemicals is studying plans to increase ethane use as feedstock at its petrochemical complex in eastern China's Jiangsu province to up to 90% from 75%, its CEO Chan Hian Siang said on Thursday.

EIA: U.S. crude stocks rise with bigger imports, fuel inventories fall

U.S. crude stocks rose as the nation imported more oil, while gasoline and distillate inventories fell last week ahead of summer driving season.