Environment
U.S. to finalize 2026 biofuel quotas by early March, drop import penalties
If finalized, the plan would mark a partial compromise between rival oil and farm industry groups by preserving increased blending targets sought by biofuel producers while dropping a proposal that U.S. refiners had warned would disrupt fuel markets and raise costs.
Update: Indonesia scraps plan to introduce B50 biodiesel this year, will raise palm oil export levy
Indonesia had planned to launch the B50 grade - a blend of 50% palm oil-based biodiesel and 50% conventional diesel - in the second half of this year.
API releases new recommended practice for the safe transport of CO2 by pipeline
CO2 pipelines are an increasingly important part of the nation’s pipeline infrastructure as companies explore new systems and consider repurposing existing assets to transport CO2 for long-term storage or enhanced oil recovery.
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Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction

