U.S.
CF Industries, POET to demonstrate use of low-carbon ammonia fertilizer to reduce carbon intensity of corn production and ethanol
CF Industries Holdings Inc., a leading global manufacturer of hydrogen and nitrogen products and the world’s largest producer of ammonia, and POET LLC, one of the world’s largest producers of biofuel and a global leader in sustainable bioproducts, will collaborate to pilot the use of low-carbon ammonia fertilizer to reduce the carbon intensity of corn production and ethanol.
U.S. crude stocks fall, gasoline and distillate inventories rise
U.S. crude stocks fell while gasoline and distillate inventories rose in the week ending July 12.
U.S. SAF production forecast to eclipse 50,000 bpd by 2026
Production capacity of sustainable aviation fuel (SAF) in the U.S. could increase from around 2,000 bpd to nearly 30,000 bpd in 2024, increasing to more than 50,000 bpd by 2026, if all projects come online.
Exxon shut Joliet, Illinois, refinery after power outage
Exxon Mobil shut down its 251,800-bpd refinery at Joliet, Illinois, due to a power outage after a storm.
Tribunal rejects TC Energy's $15-B claim for Keystone XL
Canada's TC Energy said on Tuesday a free trade arbitration tribunal had tossed out its claim to recover more than $15 B from the U.S. government for the cancellation of its Keystone XL project.
U.S. imports of Canadian crude hits record high following TMX startup
U.S. imports of crude oil from Canada rose last week to their highest on record, data from the Energy Information Administration (EIA) showed on Wednesday, buoyed by the startup of the newly expanded Trans Mountain (TMX) pipeline.
Mexico–U.S. energy trade value fell in 2023 on lower fuel prices
The value of all energy trade between the U.S. and Mexico decreased almost 15% from $77.8 B in 2022 to $66.5 B in 2023, adjusted for inflation.
Iowa biodiesel industry commends Rep. Hinson on letter to EPA
The Iowa Biodiesel Board has applauded Iowa U.S. Representative Ashley Hinson (R-02) for leading a bipartisan letter to the Environmental Protection Agency (EPA) encouraging more usage of biofuels in the U.S. The EPA is currently considering volume obligations for the 2026 Renewable Fuel Standard.
bp Energy Outlook: Two main scenarios see 2025 oil peak, rapid renewables growth
bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday.
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.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
- U.S. liquid fuels groups announce progress on E15, small refinery exemption reform 12/5
- Million Air and Avfuel bring SAF to Austin, Texas (U.S.) 12/5
- Chinese refiners buy oil from storage, raise output with fresh import quota 12/5
