U.S.
Opinion: G7’s Russian oil tanker ban shows teeth, but bite is in doubt
The G7’s proposed plan to bar tankers from hauling Russian oil ups the ante in the West’s economic stand-off with Moscow, but the ultimate bite hinges on whether governments will ratchet up punishments on those skirting sanctions.
U.S. liquid fuels groups announce progress on E15, small refinery exemption reform
In a letter to President Donald Trump, the organizations urged policymakers to advance legislation in support of a stable, efficient fuels marketplace.
Million Air and Avfuel bring SAF to Austin, Texas (U.S.)
This marks the first SAF location in Texas for both companies, offering a consistent supply of SAF specifically for the airport’s business and general aviation traffic.
U.S. okays transactions with Lukoil gas stations outside Russia through late April
The transactions for about 2,000 stations throughout Europe, Central Asia, the Middle East and the Americas, were authorized through April 29, 2026.
EIA: U.S. crude and fuel inventories climb, refining activity picks up
Crude inventories rose by 574,000 bbl to 427.5 MMbbl in the week ended November 28, the EIA said, compared with analysts' expectations in a poll for an 821,000-bbl draw.
U.S.: Trump proposes slashing fuel economy rules in boost for gas vehicles
Trump's action aims to undo one of Biden's signature climate moves as he sought to incentivize more electric vehicle purchases.
Valero plans CDU upgrades at Port Arthur, Texas (U.S.) refinery in February
Among the improvements will be upgrades to processing of bottoms - heavy, gunky residual crude oil that is usually sent to the coker or used in asphalt.
- Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy 5/18
- OXEA and Air Liquide renew syngas and hydrogen supply agreement for Oberhausen site 5/18
- U.S. oil refiners finally profit from biofuels due to mandates, high fuel prices 5/18
- China's April oil throughput hits lowest since August 2022, inventories rise 5/18
- Vietnam receives first cargo of Congo Djeno crude for Nghi Son refinery 5/18
- Mexico's Pemex says brief fire at Olmeca refinery controlled, operations normal 5/18

