U.S.

Global oil refining profits surge and may stay strong

The strength in margins contrasts with crude oil markets coming under pressure from an expected oversupply, and has defied expectations earlier this year that the rally could prove to be a short-term blip due to the impact of tariffs.

India ships first jet fuel cargo to U.S. West Coast

U.S. West Coast jet fuel production has been curtailed since October, after a fire at Chevron's 285,000-bpd El Segundo refinery in southern California forced the company to take multiple units offline.

Serbia has a week to resolve NIS refinery crisis, President Vucic says

Washington is seeking complete Russian divestment from NIS, which operates Serbia's only refinery, and on Saturday gave the company's owners three months to find a buyer.

Enbridge approves $1.4-B project to boost Canadian oil flows to U.S. refiners

The project adds additional takeaway capacity for Canadian crude and broadens access to U.S. refineries, improving the flow of oil sands to major export outlets.

OroCarbo partner with Haffner Energy and Maverick Synfuels for 100-tpd biomethanol plant in California

Quick wins on cutting methane dogged by a slow transition

The pledge to cut methane emissions by 30% below 2020 levels by 2030 has been signed by 159 countries plus the EU. Many of them have developed, or are working on, methane action plans, and billions of dollars have been committed to the effort.

Westlake Polyethylene achieves ISCC PLUS Certification at Sulphur, Louisiana (U.S.) site

U.S. EPA approves 14 small refinery biofuel waivers

The EPA had approved 140 petitions in part or in full earlier this year, and denied just 28, leaving just a handful from previous years remaining under review.

U.S. urges Europe to stick to oil and gas, not renewables

The U.S. has become Europe's top oil and gas supplier on the back of the U.S. shale boom and its companies are seeking to boost the share as the European Union moves to fully cut off remaining Russian energy imports.

Gevo completes sale of Minnesota (U.S.) ethanol facility to A.E. Innovation

Under the terms of the sale, Gevo retains ownership of the majority of the isobutanol production assets onsite and approximately 30 acres of land.