Renewable diesel “eats out” petroleum refining; dropped to lowest since 2016
Renewable diesel is “eating out” the U.S. petroleum refining capacity, as many refiners are closing down their facilities to convert them to renewable diesel production...
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.
DOJ opposes refiners’ petition for a review of biofuels case
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The Department of Justice (DOJ) has issued a filing document in which stands against refiners petition for a review on the Tenth Circuit Court’s ruling...
U.S. oil stocks rise sharply as demand plunges
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The U.S. oil stocks raised sharply this week, especially crude oil inventories jumped more than 15 million barrels, the Energy Information Administration informed. Crude inventories...
Biden plans climate infrastructure initiative
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The Biden Administration plans a major infrastructure initiative to advance its climate priorities and boost the U.S. economy. The package would push for more significant...
Valero shuts McKee refinery in Houston for at least 2 weeks
by editor
Valero Energy Group has closed operations at its McKee refinery for planned work. Although a formal announcement by the company has not been made, the...
Sempra Energy to buy IEnova’s remaining stake by $6.13 billion
by editor
On Wednesday, Sempra Energy announced it would buy IEnova’s (its Mexican subsidiary) remaining stake in a deal valued at $6.13 billion. The company already owns...
IEnova obtains a permit to export LNG from Mexico
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IEnova, Sempra Energy’s subsidiary in Mexico, confirmed via Forbes it got approval to export Liquefied Natural Gas (LNG) from the country. This is the first...
EPA misses biofuels volumes deadline for the uncertainty of the industry
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The Environmental Protection Agency (EPA) under Trump’s administration has missed the deadline to announce how much biofuels volumes national refiners are supposed to blend into...
Owners in the construction industry and the pandemic’s challenges – 2020 Top Owners Sourcebook
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Decision-making under the pandemic created a considerable number of new critical responsibilities for construction owners. According to the ENR’s 2020 Top Owners Sourcebook keeping people...
Gasoline prices at their cheapest since 2015, before Thanksgiving
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Gasoline prices in the U.S. are at their cheapest point since 2015, in the pre-Thanksgiving period, Energy Information Administration (EIA) Informed. The average regular retail...