U.S.
Mitsubishi Chemical Corp. receives recyclability certification for advanced, multi-layer food packaging materials
Mitsubishi Chemical Corporation announced that its multi-layer film containing SoarnoL™, a gas barrier resin used in food packaging materials, and Soaresin™, a recycling aid, has received recyclability certification from U.S. recyclability certification organization the Association of Plastic Recyclers (APR).
United to invest in power-to-liquid fuels company Twelve
United has announced an investment in Twelve, an innovative low-carbon fuels company that uses a process similar to photosynthesis to transform carbon dioxide (CO2) and water into sustainable aviation fuel (SAF) using renewable energy.
ExxonMobil agrees to supply Japan's Marubeni with low-carbon ammonia
ExxonMobil has signed a long-term agreement to supply 250,000 metric tpy of low-carbon ammonia to Japanese trading house Marubeni, representing ExxonMobil's first signed customer agreement for its planned hydrogen facility in Baytown, Texas.
SunGas Renewables' $2-B Beaver Lake Renewable Energy Project enters final stage of development
SunGas Renewables Inc. announced the start of front-end engineering design (FEED), marking the beginning of the final stage of development for its flagship project, Beaver Lake Renewable Energy.
Top U.S. refiner Marathon Petroleum swings to quarterly loss on lower margins
Marathon Petroleum swung to a loss in the first quarter, the company reported on Tuesday, the latest U.S. refiner hit by lower refining margins during a period marked by elevated maintenance and turnaround activity across the industry.
EIA: Supply issues, compliance costs drive up California (U.S.) fuel prices
Drivers in California pay higher prices at the pump than any other state in the country due to supply issues, costs from environmental compliance and fuel requirements, and high state taxes and fees,
Sunoco to acquire Parkland in $9-B deal as Americas fuel market consolidates
Sunoco will buy Canada-based Parkland in a deal valued at about $9.1 billion, including debt in a move the companies said would create the largest independent fuel distributor in the Americas.
EIA: Oil prices and refinery margins fell slightly in first quarter of 2025
During the first quarter (1Q) of 2025, crude oil prices generally decreased while U.S. refinery margins initially increased before decreasing in the final month of the quarter. In its quarterly update, the U.S. Energy Information Administration (EIA) reviews petroleum markets price developments in 1Q, covering crude oil prices, refinery margins, biofuel compliance credit prices and natural gas plant liquids prices.
Aemetis to benefit from the U.S. EPA’s approval of 15% ethanol blend
Aemetis Inc., a diversified global renewable natural gas and biofuels company, announced today that the U.S. Environmental Protection Agency (EPA) issued a waiver allowing a 15% blend of ethanol (E15) to continue to be sold after May 1st which will benefit the company through increased demand and sales of the renewable fuel nationwide.
EIA: U.S. crude, gasoline stockpiles fall; distillates build last week
U.S. crude oil and gasoline stocks fell, while distillate inventories rose last week, the U.S. Energy Information Administration (EIA) said on Wednesday. Crude inventories fell by 2.7 MMbbl to 440.4 MMbbl in the week ended April 25, the EIA said, compared with analysts' expectations for a 429,000-bbl rise.
- 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
- BASF boosts refinery catalyst innovation with new R&D center in Attapulgus, Georgia (U.S.) 5/18
- Aster and Puraglobe sign MoU to bring world-leading re-refining technology to Asia 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
