US refinery news

US operable atmospheric distillation capacity totalled 18.2 million b/cd on 1 January 2026 – down over 250 000 b/cd (about 1%) compared with 1 January 2025 – according to the EIA's latest annual Refinery Capacity Report.

Sky Quarry Inc. has announced an update on its Nevada refinery operations, US, provided by the company's interim CEO, Marcus Laun.

The US Energy Information Administration has reported that US refineries processing capacity and crude oil stocks have fallen throughout June.

Wood Mackenzie has forecasted Brent averaging US$78/bbl in 2027 and potentially easing to US$70/bbl by 4Q27, following a US-Iran MoU that has shifted market sentiment away from a prolonged Strait of Hormuz closure.

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.