US refinery news

Compliance credits for biomass-based diesel and ethanol have doubled in value since the start of 2026. The credits have increased in price, mostly because of higher US biofuel blending targets, the EIA has reported.

The US EIA has its June STEO, reducing its expectation for global oil demand in 2026 due to high fuel prices, reduced fuel availability, and government initiatives curbing oil consumption.

Weekly estimates suggest US jet fuel production has increased to record highs in response to elevated jet fuel prices after the Strait of Hormuz closed on 28 February 2026, the US EIA has reported.

AFPM President and CEO Chet Thompson has issued a statement in response to the Surface Transportation Board’s decision to require supplemental information for the latest Class 1 freight rail merger application.

Encina has announced the execution of a strategic collaboration agreement with BASF supporting the development of Encina’s planned US Gulf Coast circular chemicals manufacturing facility.

Green Fuels Operating's new US$400 million refinery will be located at the site of a former refining complex, bringing clean-engineered fuel production, career-level jobs, and long-term economic investment to Stephens County, Oklahoma, US.

The US EIA has reported that gasoline prices are higher than in February 2026 because of increasing crude oil prices related to the de facto closure of the Strait of Hormuz, at Memorial Day Weekend.

The American Petroleum Institute has issued the following statement from President and CEO Mike Sommers on the bipartisan passage of the Nationwide Consumer and Fuel Retailer Choice Act (H.R. 1346).

BASF has opened a new research and development centre for advancements in refinery catalysts in Attapulgus, Georgia, US.

Ketjen has announced a partnership with Imubit to offer refiners real-time, actionable catalyst intelligence for fluid catalytic cracking and hydroprocessing units.