Industry News

Avina Clean Hydrogen is investing $820 million to develop a state-of-the-art sustainable aviation fuel (SAF) production facility in Southwest Illinois.

TotalEnergies has sold 50% of its shares in West Burton Energy, a company wholly acquired in June 2024, to EPUKI, the UK subsidiary of EPH. West Burton Energy owns a 1.3 GW gas fired power plant and a 49 MW battery storage system in the UK.

Prax and Shell have decided not to proceed with the sale of Shell's share in the PCK Schwedt oil refinery in Germany to Prax, they said on Friday.

Argentina's state-run oil company YPF and oil major Shell signed an agreement to develop the country's flagship liquefied natural gas (LNG) project.

On Wednesday, the U.S. Environmental Protection Agency approved California's plan to end the sale of gasoline-only vehicles by 2035.

Tennessee Gas Pipeline, a subsidiary of Kinder Morgan, is proceeding with its ~$1.4 billion Mississippi Crossing Project (MSX Project), a 206 mile pipeline system that will extend from Greenville, Mississippi to Butler, Alabama.

On December 13, 2024, Inspectioneering team members and family hand delivered nearly $5,000 worth of toys and books to Texas Children's Hospital in The Woodlands, TX.

The 2024 Atlantic hurricane season, which ran from June 1 through November 30, exhibited above-average activity with more named storms and hurricanes than usual, including several that disrupted U.S. energy infrastructure.

Phillips 66 has entered into a definitive agreement to sell its 25% non-operated equity interest in Gulf Coast Express Pipeline LLC to an affiliate of ArcLight Capital Partners for $865 million.

INEOS Energy has acquired several Gulf of Mexico assets and supporting businesses from CNOOC to compliment the company's existing onshore portfolio.

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Teamsters members at Marathon Petroleum's Detroit refinery have voted to ratify a seven-year collective bargaining agreement.

Chevron has completed a retrofit of its refinery in Pasadena, Texas, which is expected to increase product flexibility and expand the processing capacity of lighter crudes by nearly 15 percent to 125,000 barrels per day.

Phillips 66 is teaming up with a subsidiary of NextEra Energy Resources, LLC to power Phillips 66’s Rodeo Renewable Energy Complex with a 30.2 megawatt (MW) solar facility.

Five states, including Texas, Pennsylvania, Louisiana, West Virginia, and New Mexico, produced more than 70% of the record 113.1 billion cubic feet per day (Bcf/d) of U.S. marketed natural gas production in 2023.

Varo Energy is in talks to acquire Preem's two Swedish refineries in a bet on growing demand for low-carbon biofuels, four industry sources told Reuters.