Americas
bp's Toledo refinery suffered cascade of malfunctions before fatal explosion
Supervisors at bp's Toledo, Ohio refinery opted to keep the plant running despite a series of malfunctions and a petroleum spill in the hours before an accident that killed two workers last year.
Iran, Venezuela eye trade increase, sign petrochemical deal
Iran and Venezuela want to increase bilateral trade to $20 B, up from $3 B, Iranian President Ebrahim Raisi said during a visit to Caracas.
Venezuela's PDVSA resumes operations at El Palito refinery unit
Venezuela's state energy company Petroleos de Venezuela PDVSA has resumed operation at the catalytic cracking unit at the El Palito refinery.
Oil prices fall, U.S. Fed rate decision in focus
Oil prices fell ahead of a U.S. Federal Reserve meeting as investors tried to gauge its appetite for further rate hikes and amid concerns about the prospects for Chinese demand and rising Russian supply.
Asahi Kasei and Mitsui to establish supply and procurement systems for bio-methanol
Asahi Kasei Corporation and Mitsui & Co., Ltd. will establish a supply and procurement scheme for bio-methanol produced in the United States.
NETL goes deep to develop new biocatalysts for carbon conversion
NETL researchers are growing versatile biocatalysts using microbes from a coalbed methane well to convert industrial carbon dioxide wastes and other single-carbon compounds into useful chemicals to manufacture biofuel, food additives and other high-value products while reducing emissions of greenhouse gas.
Shell pivots back to oil to win over investors
Shell will keep oil output steady or slightly higher into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence as the energy giant wrestles with poor returns from renewables while oil and gas profits are booming, company sources said.
New York lawmakers weigh clean fuel standard as legislative session ends
New York lawmakers are considering legislation that would create the first market for low-carbon fuels on the U.S. East Coast in order to help the state reach its decarbonization goals.
EPA's proposed eRIN program raises concerns and sparks legislative action
The Environmental Protection Agency is facing criticism over its proposed eRIN program, which could transform the renewable fuel standard and provide undue subsidies for electric vehicles at the expense of biofuels.
Valtek Valdisk High Performance Butterfly Valve, completes million-cycle test
Flowserve Corporation announced its Valtek Valdisk high-performance butterfly valve is licensor-approved for use in pressure swing adsorption applications.
- OCI Global completes $1.9-B sale of OCI Methanol to Methanex Corporation 6/30
- Partnership for sustainability: Pekutherm and POLYVANTIS launch circular economy initiative 6/30
- Univation Technologies and C3 AI collaborate to deliver enterprise AI solutions for advanced predictive maintenance across the global petrochemical industry 6/30
- Lloyd’s Register signs strategic collaboration with DAI Infrastruktur for green ammonia Project Ra 6/30
- Alleima expands product portfolio for the urea industry with SAF™ 2906 6/30
- UK's Lindsey oil refinery insolvent, 420 jobs at risk 6/30
