Biofuels producer POET commits to net-zero by 2050
Biofuels producer, POET, in fact, the world’s largest, announced this Tuesday its commitment to go net-zero by 2050. The pledge comes as the company has...
Category : Downstream
Energy Forward’s Downstream category delivers expert coverage of refining, fuels, petrochemicals, storage, logistics, infrastructure, digitalization, and industrial solutions across North America. Discover strategic insights on market trends, operational efficiency, asset management, cleaner fuels, and the technologies transforming downstream energy for operators, investors, and decision-makers.
Pemex cancels three contracts with Vitol after bribery scandal
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Pemex, the Mexican state-owned company, Petroleos Mexicanos, has canceled three contracts with the world’s largest commodity trader, Vitol. The cancelation comes as Vitol faces scrutiny...
Hurricane Nicholas briefly disrupts power and gasoline in Tx. and La.
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Hurricane Nicholas briefly disrupted power and gasoline networks in Texas and Louisiana this Tuesday after it landed on South Texas as a category one hurricane....
Chevron to triple investment to $10 billion to accelerate low carbon goals
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Chevron, the top American oil company, announced this Tuesday it will triple its investment to $10 billion through 2028 to advance low carbon businesses. It...
Tropical storm Nicholas threatens U.S. oil and gas two weeks after Ida
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Tropical storm Nicholas is on its way to make landfall in Texas this Monday night. However, according to the U.S. National Hurricane Center, the tropical...
Preferred equity and ESG: crucial in capital raising for the energy industry
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Innovative investment sources and the increasingly important role of Environmental, Social, and Governance, (ESG) criteria in the energy industry, are just some of the new...
Kinder Morgan to reconvert tankers for Neste; aim at biofuels production
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Kinder Morgan, the pipeline operator, announced it has agreed with Neste, one of the world’s biggest biofuels producers, to convert tankers on the company’s Harvey,...
Offshore oil restores 200,000 barrels of production; repair efforts continue
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Offshore oil companies restored 200,000 barrels of production this Friday. However, most of the overall output of the region remains shut, as repair efforts continue...
Landfill Group and LS Power partner for top RNG project for S.C.
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The Landfill Group, a cluster of companies dedicated to renewable energy and gas treatment, announced this Friday it has partnered with LS Power for a...
Chevron and Mercuria to form CNG Fueling Network Joint Venture
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Chevron USA Inc, a subsidiary of Chevron Corporation, announced Thursday the signing of definitive agreements with Mercuria Energy Trading. The agreement will therefore create a...