North America downstream news
Southwest Airlines launches Renewable Ventures subsidary
Southwest Airlines Co. has launched Southwest Airlines Renewable Ventures (SARV), dedicated to creating more opportunities for scalable sustainable aviation fuel (SAF).
API warns Hydrogen 45V regulations fail to recognise blue hydrogen as climate solution
The American Petroleum Institute (API) has urged the Biden Administration to prioritise production of hydrogen of all types and feedstocks – including blue hydrogen produced from natural gas – to drive a lower carbon future.
AFPM responds to EPA’s final rule to eliminate RVP waiver for summertime gasoline
Senior Director of Fuels & Vehicle Policy at the AFPM, Patrick Kelly, has issued a statement in response to the Environmental Protection Agency’s decision to grant RVP petitions and expand E15 sales in select Midwest states beginning in 2025.
Vitol and EOG Resources enter into long-term gas supply agreement indexed to Brent pricing
Vitol Inc. has announced the execution of a natural gas sale and purchase agreement (SPA) with EOG Resources, Inc.
LyondellBasell acquires mechanical recycling assets and plans operations in California
LyondellBasell has acquired mechanical recycling assets containing rigid plastics recycling processing lines from PreZero.
Verde Clean Fuels, Inc. and Cottonmouth Ventures LLC announce joint development agreement
Verde Clean Fuels, Inc. and Cottonmouth Ventures LLC have announced a joint development agreement for a proposed natural gas-to-gasoline facility in the Permian Basin.
United adds new corporate partners to sustainable flight fund
Aircastle, Air New Zealand, Embraer, Google, HIS, Natixis CIB, Safran, and Technip Energies are now part of The United Airlines Ventures Sustainable Flight Fund.
EIA: Midwest refinery outage is affecting petroleum product markets
Spot petroleum product prices at the Chicago trading hub are increasing after an unplanned outage of BP’s refinery in Whiting, Indiana, US, on 1 February 2024.
Babcock & Wilcox Canada awarded contract to supply equipment to reduce refinery emissions
Babcock & Wilcox Canada Corp., has been awarded a contract to supply equipment and design and engineering services to help a petroleum refinery in North America comply with environmental regulations.
Strategic Biofuels and Sumitomo Corp. of Americas announce major investment commitment
Strategic Biofuels and Sumitomo Corp. of Americas (SCOA) have entered into a Joint Development Agreement for the Louisiana Green Fuels (LGF) project.