Browse the latest refining news and articles.
In 2022, energy expenditures – or the amount of money US consumers spent on energy – increased 22% from 2021 to more than US$1.7 trillion when adjusted for inflation, according to the US Energy Information Administration's (EIA) State Energy Data System (SEDS).
Shell and Akselos have signed an enterprise agreement for structural performance management.
The US Energy Information Administration (EIA) reports that a series of refinery outages in Chicago and Ohio have generally increased Midwest prices for petroleum products relative to the US average, particularly gasoline.
Owens Corning Insulation is expanding its robust commitment to deliver technical insulation education in person at customer sites around the globe and through a platform of digital resources.
VARO Energy has announced the divestment of its German subsidiary, VARO Energy Direct GmbH, to Hoyer SE (Hoyer).
As of 1 July 2024, state taxes and fees on gasoline and diesel fuel averaged US$0.33 per gallon (gal) of gasoline and US$0.35/gal of diesel fuel, according to the EIA's federal and state motor fuel taxes table.
Neste is expanding its logistics infrastructure for liquefied recycled raw materials at its refinery in Porvoo, Finland, including materials such as liquefied waste plastic and liquefied rubber tires.
The US Energy Information Administration's (EIA) estimates of diesel consumption in China totalled 3.9 million bpd in June 2024, a decline of 11% from June 2023.
Lummus Technology has announced an award for multiple technologies from Bharat Petroleum Corp. Ltd. (BPCL) for a new world-scale ethylene plant and associated downstream units in Bina, Madhya Pradesh State, India.
The Environmental Partnership has released its sixth annual report highlighting the US oil and natural gas industry’s collaborative efforts to reduce methane emissions and advance environmental progress.
In 2023, 7% more natural gas was consumed in China than in 2022, after a decline of 1.1% in 2022 when economic growth was slower, mainly due to China’s zero-COVID policies, leading to a reduction in natural gas consumption.
BASF has announced the commercial launch of Fourtiva™, a new fluid catalytic cracking (FCC) catalyst for gasoil to mild resid feedstock.