U.S. imports of biomass-based diesel, which include biodiesel and renewable diesel, grew 26% in 2019 to more than 27,000 barrels per day (b/d), reversing three years of decline. Imports of biomass-based diesel increased in 2019 because of the increase in renewable diesel imports from Singapore, according to a recent report from the U.S. Energy Information […]

Canada’s leading integrated energy company Suncor Energy Inc. (SU) and Japan’s Mitsui & Co., (8031: JP), one of the largest global trading and investment companies, are investing USD15 million and USD10 million, respectively, to establish LanzaJet, a new company that will produce sustainable aviation fuel (SAF). Jimmy Samartzis, currently a director on the Board for […]

Phoenix Petroleum Philippines, Inc. (PNX), announced the appointment of Henry Albert (Bong) Fadullon, currently chief operating officer, as the company’s new president effective July 1, 2020.  Fadullon succeeds Phoenix Petroleum Founder and former Chief Executive Officer Dennis Uy, who will now take on the role of chairman of the Board of Directors and chief strategy […]

Russia’s PJSC Lukoil announced that its lubricants blending plant in the Republic of Kazakhstan has delivered its first shipment of industrial lubricants, as well as automotive lubricants for passenger cars and commercial vehicles, to the Chinese market. The volume of the first delivery was more than 200 tons. Kazakhstan shares borders with Russia, China, Kyrgyzstan, […]

PT Pertamina (Persero) announced that it will proceed with upgrading the Cilacap Refinery in central Java, Indonesia, but without its original joint venture partner Saudi Aramco. The refinery’s capacity of 348 thousand barrels per day (bpd) will be raised to 370 thousand bpd. In addition, gasoline production will be increased from 59 thousand bpd to […]

HollyFrontier Corporation announced that its Board of Directors has approved a plan to convert the Cheyenne Refinery to renewable diesel production and to construct a pre-treatment unit (PTU) located at the Artesia Refinery. Including the previously announced renewable diesel unit at the Artesia Refinery, HollyFrontier is expected to have a combined capacity to produce more […]

BP announced that David C. Lawler will succeed Susan Dio as chairman and president of BP America Inc., effective July 1, 2020. Dio, a 36-year veteran of BP who has served as BP America chairman and president since 2018, will retire later this year. A chemical engineer by training, she led the company through a […]