U.S.
Marathon, Teamsters negotiations remain at standstill as strike enters third week
Marathon Petroleum and the Teamsters union, which represents refinery workers in Detroit, Michigan (U.S.), are at a standstill as negotiations for a new labor agreement stagnate and the strike at the plant enters its third week.
Wood to operate and maintain one of the world’s largest plastics recycling facilities
Wood, a global leader in consulting and engineering, has been awarded a three-year contract to operate and maintain the Freepoint Eco-Systems plant in Hebron, Ohio (U.S.).
U.S. House votes to repeal Biden administration tailpipe emissions rules
The U.S. House of Representatives voted narrowly on Friday to repeal clean-vehicle rules adopted in March to cut tailpipe emissions by 50% from 2026 levels by 2032.
MOL invests in HIF Global to decarbonize mobility industry with synthetic fuels
Mitsui O.S.K. Lines Ltd. (MOL), through its wholly-owned subsidiary MOL Clean Energy, US. LLC, has decided to invest in HIF Global LLC (HIF), a company developing and operating e-fuels projects globally.
TransTech Group acquires Koch Heat Transfer (KHT)
TransTech Group, a leading portfolio company of Bridge Industries (Bridge), has acquired the North American business of Koch Heat Transfer (KHT), a global leader in the design and manufacture of heat transfer equipment and technologies, by its subsidiary Metalforms.
SAFFiRE Renewables breaks ground on SAF pilot plant in Kansas (U.S.)
The SAFFiRE plant, located at Conestoga Energy's Arkalon Energy facility in Liberal, Kansas, will ultimately be capable of processing 10 tons of corn stover daily, yielding cellulosic ethanol that can be upgraded into SAF with a carbon footprint at least 83% lower than conventional jet fuel.
Technip Energies and KBR selected for a major LNG project by Lake Charles LNG
Lake Charles LNG has awarded a JV between Technip Energies and KBR an engineering, procurement, fabrication and construction contract for its 16.45-MMtpy LNG export terminal in Louisiana (U.S.).
Twelve announces $645 MM in funding to transform CO2 into jet fuel and electrochemicals at scale
Twelve, the carbon transformation company that converts captured carbon dioxide (CO2) into valuable chemicals, fuels and other essential products typically made from fossil fuels, has announced $645 MM in funding.
Global refiners face profit slump as new plants come online
Oil refiners in Asia, Europe and the U.S. are facing a drop in profitability to multi-year lows, marking a downturn for an industry that had enjoyed surging returns post-pandemic and underlining the extent of the current slowdown in global demand.
U.S. offers $1.56-B conditional loan for Indiana ammonia facility
The U.S. Department of Energy (DOE) has made a conditional loan guarantee of up to $1.56 B to Wabash Valley Resources to help build a low-emissions ammonia production facility in Indiana.
- E.ON selects Capsol for carbon capture feasibility study in Norrköping 6/15
- Kent awarded construction management services contract in Angola 6/15
- China sets sights on heavy truck electrification in blow to diesel demand 6/15
- Fragile Iran deal offers oil relief, but Hormuz risks remain 6/15
- U.S. refiners can still absorb more Venezuelan oil, Energy Secretary Wright says 6/15
- Britain says full import ban on Russian diesel, jet fuel will happen by 2027 6/15
