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Update: U.S. crude oil inventories rise as refining activity dips

U.S. crude oil inventories rose last week as refinery utilization rates fell amid weakening fuel demand.

BCCK and Carbon Clean sign agreement to deliver carbon capture solutions across U.S.

BCCK and Carbon Clean will collaborate to provide Carbon Clean’s semi-modular CaptureX technology to customers across the U.S.

Mitsubishi Heavy Industries delivers CO2 product compressor package for ExxonMobil’s Wyoming CCS project

Mitsubishi Heavy Industries Compressor International Corp. (MCO-I), a leader in the design and manufacturing of compressors, steam turbines and associated auxiliaries, has announced the successful delivery of a state-of-the-art carbon dioxide (CO2) product compressor package for ExxonMobil’s carbon capture and storage (CCS) expansion project in LaBarge, Wyoming.

U.S. crude oil and gasoline inventories rise, distillates fall

U.S. crude oil and gasoline inventories rose while distillates fell last week, the U.S. Energy Information Administration (EIA) said on Wednesday.

U.S. renewable diesel production capacity posts largest monthly decline on record

U.S. renewable diesel production capacity declined in July by the most since the industry began its rapid expansion three years ago.

OCI Global completes $2.35-B sale of clean ammonia to Woodside

OCI Global announced the completion of the sale of 100% of its equity interests in its 1.1 MMtpy Clean Ammonia project under construction in Beaumont, Texas to Woodside Energy Group Ltd for $2.35 B.

Regulators approve Cerilon's $3.2-B GTL plant in North Dakota (U.S.)

North Dakota utility regulators have approved a $3.2-B gas-to-liquids plant project by Canadian company Cerilon, to be built near Trenton in Williams County. The plant will convert natural gas into higher-value products like diesel fuel and lubricants.

Digital Exclusive: Unlocking the power of hydrogen processing: Ensuring safety and driving profits

Schneider Electric: Elliott, S.

Harnessing the potential of hydrogen for energy generation requires a deep understanding of the associated safety considerations. When it comes to hydrogen processing, it’s important to examine hydrogen’s unique challenges and the innovative approaches that business leaders can adopt to ensure safety while driving profitability in the hydrogen processing industry.

Big U.S. oil companies reveal massive payments to foreign governments

The three largest U.S. energy exploration companies paid more than $42 B to foreign governments last year, about eight times more than what they paid in the U.S.

Exxon director joins Elliott group seeking to acquire Citgo Petroleum

ExxonMobil board director Gregory Goff recently joined a newly formed Elliott Investment Management-backed company seeking to acquire control of Venezuela-owned oil refiner Citgo Petroleum.