Americas
Mexico's newest oil refinery to begin crude processing in July
Mexican state oil company Pemex's newest refinery, which is still under construction in Mexico's southeast, will begin to process crude oil in July 2023.
NASA awards $425 MM to Boeing for fuel-efficient airliner research project
The White House is targeting 20% lower aviation emissions by 2030, as airlines facing pressure from environmental groups to lower their carbon footprint pledged to use more sustainable aviation fuel.
U.S. crude stockpiles post surprise large build
U.S. crude oil stockpiles last week posted a large build that took analysts by surprise, as inventories in the Cushing, Oklahoma, storage hub gained while the market continued to recover from a winter storm last month.
Aramco announces launch of Aramco Trading Americas
Aramco announced the 100% acquisition of Motiva Trading by the Aramco Trading Company and the launch of Aramco Trading Americas LLC , a wholly-owned subsidiary of ATC based in Houston, Texas.
Chevron readies next naphtha delivery to Venezuela joint venture
Chevron Corp has shipped its next cargo of heavy naphtha to an oil project it shares with Venezuelan state-run company PDVSA, according to a shipping document, data and sources.
Six injured in fire at Phillips 66 Texas refinery tank farm
U.S. crews extinguished a fire on Tuesday at Phillips 66's 149,000-barrel-per-day joint-venture refinery in Borger, Texas, and six people were treated for injuries, the company said.
Exxon prepares to start up $1.2 B Texas oil refinery expansion
Exxon Mobil Corp in coming days will sharply boost gasoline and diesel production at its Beaumont, Texas, refinery, people familiar with the matter said, completing a $1.2 B expansion first considered nine years ago.
Bain Capital buys stake in biofuel firm for $400 MM
Bain Capital Private Equity said this week it has completed a deal to acquire a stake in renewable fuel producer EcoCeres Inc, as the Boston-based investor strives to ramp up its sustainable investment.
Venezuela earmarks a third oil cargo to Chevron under U.S. license
Venezuelan state oil company PDVSA has assigned a third crude cargo to Chevron Corp under a U.S. authorization that restarted exports to the United States after a nearly four-year pause.
Alberta premier says province open to providing carbon capture tax credits
Canada's main oil-producing province Alberta is open to bolstering tax credits for carbon capture and storage (CCS) technology but also wants the federal government to increase financial support, Premier Danielle Smith said this week.
- Studi Tecnologie Progetti S.p.A. signs agreement to upgrade Attock refinery in Pakistan for $600 MM 7/1
- Maire's NEXTCHEM awarded engineering contract for Pacifico Mexinol's $3.3-B, 2.1-MMtpy low-carbon methanol project 7/1
- Axens, IFPEN, and SMS group Launch Carboverseo™: Essential Technology for e-fuels deployment 7/1
- BASF closes purchase of DOMO Chemicals’ shares in Alsachimie JV 7/1
- deugro completes another equipment shipment for INEOS' Project One project in Belgium 7/1
- Shell renews contract with Cyberhawk, enabling a global visualization and data integration platform across its portfolio 7/1
