Americas
ExxonMobil signs carbon capture agreement with Nucor Corporation, reaching 5 MTA milestone
ExxonMobil Low Carbon Solutions’ newest carbon capture and storage agreement – with Nucor Corporation, demonstrates their continued momentum in helping industrial customers reduce emissions.
Oil steadies as higher inventories balance U.S debt bill progress
Oil steadied as a potential pause in U.S. interest rate hikes and the passing of a crucial vote on the U.S. debt ceiling bill were offset by a report of rising inventories in the world's biggest oil consumer.
Global Energy Infrastructure launches Carbon Capture Storage projects database
To support the advancement and deployment of CCS, the new Global Energy Infrastructure Carbon Capture Storage database provides a comprehensive collection of information and data related to CCS projects worldwide.
Leadership changes announced at Gulf Energy Information
Gulf Energy Information, a century-old provider of information to the global oil and gas and energy industries, has announced changes to its leadership structure, effective August 1, 2023.
bp to use Honeywell’s Ecofining technology to increase SAF production worldwide
Honeywell announced that bp selected its Ecofining technology to help support the production of SAF at five facilities.
Oil slips as economic jitters offset U.S. debt deal
Oil prices slipped as economic worries over further interest rate hikes trumped a tentative debt ceiling deal reached in the U.S., possibly averting a default in the world's largest economy and oil consumer.
Oil climbs after U.S. leaders strike provisional debt deal
Oil prices rose in early Asian trade after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer.
ConocoPhillips to buy rest of Canada's Surmont oil site, bumping Suncor
ConocoPhillips said it was buying the 50% stake in the Surmont oil facility held by TotalEnergies' Canadian subsidiary for about $3 B, giving it full ownership and elbowing away rival Suncor Energy.
U.S. motorists kick off summer driving season with tame gasoline pricing
U.S. motorists are enjoying a so-called Goldilocks market, or one that is considered "just right," for gasoline.
Air Products signs $1-B deal for processing facility in Uzbekistan
Industrial gases maker Air Products and Chemicals said it had signed a $1-B deal with the Republic of Uzbekistan government and Uzbekneftegaz JSC to acquire, own and operate a natural gas processing facility in the country.
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
