Americas
Oil prices jump but still on track for third weekly fall
Oil prices jumped but were set for a third straight week of losses after sharp declines earlier in the week on fears about interest rate hikes, U.S. banking sector problems and slowing Chinese demand.
Enbridge reaches toll agreement with shippers for Mainline system
Enbridge Inc, Canada's largest transporter of crude oil, said it has reached a 7-1/2 year toll agreement with shippers for its Mainline system.
Neste to supply SAF to United Airlines flights departing San Francisco Int'l. Airport
Neste and United announced that the airline’s departing flights from San Francisco International Airport will be fueled by a blend of Neste MY Sustainable Aviation Fuel.
Phillips 66 beats profit estimates as refining margins soar
U.S. refiner Phillips 66 beat Wall Street estimate for first-quarter profit, joining rivals in gaining from elevated margins on sustained fuel demand amid tight crude supplies.
Exxon Mobil not quitting exploration in Brazil
Exxon Mobil Corp is not giving up on oil exploration in Brazil, the company's country chief Alberto Ferrin said during the Offshore Technology Conference in Houston.
California moves to phase-out diesel-powered trucks, cut locomotive pollution
California regulators approved new rules requiring all medium- and heavy-duty vehicles sold in the state in 2036 be zero-emission, a day after the California Air Resources Board (CARB) adopted reduced emission regulations for locomotives.
Hybrid-flex cars a great asset for Brazil's decarbonization efforts
Brazil's ability to produce and sell hybrid cars that can run on 100% ethanol is a huge asset for its auto industry as global economies push for decarbonization to tackle climate change.
US April oil exports top forecasts on Chinese demand
US crude oil exports rose more-than-expected last month, building on a record 4.5 million bpd in March, as Chinese refiners snapped up cargoes to meet rising fuel demand.
US government may delay decision on electric vehicles biofuel program
The U.S. government could delay a decision on giving EV manufacturers tradable credits under a renewable fuel scheme, due to concern about legal challenges to the plan.
Crude prices up 2% on rising U.S. oil demand and lower output
Oil prices gained about 2% after U.S. data showed crude output was declining while fuel demand was growing.
- Sherwin-Williams unveils new advanced energy barrier that eliminates threat of corrosion under insulation 6/26
- SIBUR develops new polyethylene grade for beverage packaging 6/26
- Sasol and Topsoe to refocus SAF partnership as Zaffra JV prepares for wind-down 6/26
- Indonesia sets 3-month transition period for B50 biodiesel program 6/26
- Middlemen offer Iranian oil to Indian refiners after U.S. waiver 6/26
- Germany joins opponents of EU methane law, warns it could up-end jet fuel supply 6/26
