Crude oil
Alder Process Technology uses APS to produce low-carbon marine fuels
Alder Process Technology has provided recent progress on its efforts to accelerate decarbonization of the marine fuel sector using Alder Pyrolytic Sugars (APS). APS is created using our proprietary biocrude oil fractionation technology, which converts fast pyrolysis oil derived from sustainably sourced biomass into two products: the pyrolytic sugar fraction, resulting in APS, and the pyrolytic lignin fraction, resulting in Alder Renewable Crude (ARC).
EIA: U.S. crude inventories fall by most in a year, fuel stocks build
U.S. crude oil stockpiles fell sharply last week, posting their largest decline in a year, while gasoline and distillate inventories rose.
Amid regional conflict, the Strait of Hormuz remains critical oil chokepoint
The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The strait is deep enough and wide enough to handle the world's largest crude oil tankers, and it is one of the world's most important oil chokepoints.
Aster Chemicals to increase Singapore refining capacity after acquiring splitter stake
Aster Chemicals and Energy intends to increase its crude processing capacity at its refining site in Singapore to more than 300,000 bpd, after buying a stake of more than 50% in a condensate splitter unit.
EIA: U.S. crude stocks fall, gasoline and distillate inventories rise as refining activity increases
U.S. crude stocks fell last week as refining activity picked up, driving gasoline and distillate inventories higher.
The U.S. produced more energy in 2024 than ever before
In 2024, the U.S. produced a record amount of energy, according to data in the U.S. Energy Information Administration’s (EIA’s) Monthly Energy Review. U.S. total energy production was more than 103 quadrillion British thermal units in 2024, a 1% increase from the previous record set in 2023. Several energy sources—natural gas, crude oil, natural gas plant liquids, biofuels, solar and wind—each set domestic production records last year.
Japan’s Taiyo Oil buys first Russian crude in more than two years on government request
Japanese refinery Taiyo Oil has bought its first Sakhalin Blend crude from Russia in more than two years at the Japanese government's request, it said on Tuesday, to help ensure the stability of a plant also supplying Japan with liquefied natural gas (LNG).
LanzaJet, ATOBA Energy sign MoU to expand access to SAF market
LanzaJet and ATOBA Energy have signed a memorandum of understanding (MoU) to collaborate on accelerating sustainable aviation fuel (SAF) deployment and creating new commercial models for the market.
EIA: U.S. crude stockpiles fall, fuel builds as refiners hike output
U.S. crude oil stockpiles fell last week as oil refiners ramped up production with the start of the summer driving season, while fuel inventories rose amid weaker demand, data from the U.S. Energy Information Administration (EIA) showed on Wednesday.
PetroChina to close last unit of biggest north China refinery end-June
PetroChina is set to close the last remaining crude unit at its biggest north China refinery at the end of this month, broadly in line with an earlier plan that marks the country's first full closure of a state-run plant.
- Chiyoda, AVEVA forge strategic partnership to power plantOS with AVEVA CONNECT 6/27
- SABIC announces closure of Olefins 6 facility in Teesside, UK 6/27
- LyondellBasell's polyolefin technologies selected by SHCCIG Yulin for petrochemicals complex in China 6/27
- Damaged unit of Iran's South Pars refinery back operating 6/27
- hte conducts research for JGC to advance decarbonization by identifying suitable catalysts for ammonia cracking 6/26
- TES and CPC Finland to develop 500-MW e-NG project in Finland 6/26
