The Biden administration (U.S.) is expected to release a climate model for its SAF subsidy program, two sources familiar with the matter said.

Commodities trader Vitol has agreed to charter two supertankers to deliver crude oil to Nigeria's giant Dangote refinery from the U.S. in May, according to a shipping source and fixtures data.

South Korea's S-Oil forecast that second-quarter refining margins will be steady, supported by regular maintenance in the region, then trend upward in tandem with higher demand as the summer season ...

Refiner Valero Energy beat first-quarter profit estimates, benefiting from sustained demand as supplies remained tight due to disruptions in Russia and maintenance work at U.S. refineries.

Valero Energy Corporation and Darling Ingredients Inc. announced that the companies have made the final investment decision on a SAF project at the DGD Port Arthur (U.S.) plant, which is owned and ...

Technology group Wärtsilä will supply the methanol-fueled auxiliary engines for five new container vessels for COSCO Shipping Lines Co., Ltd and seven new container vessels for Orient Overseas ...

Aspen Technology, Inc. introduced AspenTech Strategic Planning for Sustainability Pathways – a new and unique integrated modelling and optimization solution that aims to guide companies in carbon ...

Canada's Imperial Oil saw higher profit in its first quarter on as the integrated oil firm was helped by robust production but saw maintenance activities weighing on its throughput volumes.

U.S. distillate consumption so far this year is lower than usual because of warm winter weather, reduced manufacturing ...

(Reuters) - Singapore's onshore fuel oil stockpiles slipped to 20-week lows after net imports declined, data showed. The inventories fell 14.6% to 18.94 million barrels (2.98 million metric tons) in ...

Nigeria's state-owned oil firm NNPC Ltd signed an agreement allowing a local refiner to build and operate a 100,000 bpd refinery within NNPC's Port Harcourt Refinery complex in the south of the ...

Chinese state energy major PetroChina has been waiting to unload a cargo of U.S. crude at Nigeria's giant new refinery for nearly a month due to payment issues.