News & Events

Read the latest news

U.S. to Account for Most World Oil Output Growth Over 10 Years-IEA

Posted on Thursday, November 16, 2017

The United States is expected to account for more than 80 percent of global oil production growth in the next 10 years and it will produce 30 percent more gas than Russia by that time, the International Energy Agency (IEA) … Continue reading

Department of Energy to fund carbon capture technology

Posted on Wednesday, October 18, 2017

The U.S. Department of Energy (DOE) has announced up to $26 million in federally funded financial assistance for cost-shared research and development projects under the Office of Fossil Energy’s (FE) Novel and Enabling Carbon Capture Transformational Technologies funding opportunity announcement … Continue reading

Amoco gas stations are coming back

Posted on Tuesday, October 10, 2017

BP said Tuesday it will bring Amoco gas stations back to select U.S. cities, marking the return of a 105-year-old retail brand. Amoco remains a recognizable brand that appeals to a similar audience as BP, according to the company. More … Continue reading

U.S. oil exports to meet 5 percent of non-U.S. global demand by 2022

Posted on Sunday, September 24, 2017

Crude oil exports from the United States will increase to meet 5 percent of global demand by 2022, as refiners seek more low-sulfur crude to meet stricter rules for cleaner fuels, an executive from Enterprise Partners LP said on Monday. … Continue reading

Six companies buy oil from U.S. emergency crude reserve

Posted on Thursday, September 14, 2017

Six companies bought 14 million barrels of oil from the U.S. Strategic Petroleum Reserve in a sale required by law to help fund medical research and the federal government, said the Department of Energy on Thursday. BP Oil Supply, Exxon … Continue reading

Harvey threatens more U.S. Gulf refineries

Posted on Tuesday, August 29, 2017

Heavy rains and flooding from Tropical Storm Harvey on Tuesday triggered more oil refining outages in Texas, bringing the total offline to more than 16 percent of overall U.S. capacity. Between five and 15 inches of rain was expected in … Continue reading

ExxonMobil Completes Acquisition of One of the World’s Largest Aromatics Plants

Posted on Sunday, August 27, 2017

ExxonMobil Chemical Company announced today that its Singapore affiliate has completed its acquisition of one of the world’s largest aromatics facilities on Jurong Island in Singapore. The acquisition was first announced in May 2017. The facility, previously owned by Jurong … Continue reading

Self-Fueling Boat Sets off From Paris on 6-Year World Trip

Posted on Saturday, July 15, 2017

PARIS (AP) — A boat that fuels itself is setting off around the world from Paris on a six-year journey that its designers hope will serves as a model for emissions-free energy networks of the future. Energy Observer will use … Continue reading

KBJ selected by Jordan Cove LNG to provide EPC services

Posted on Saturday, July 08, 2017

KBJ has been selected by Jordan Cove LNG to engineer and construct an LNG export terminal in Coos Bay, Ore. KBJ represents a joint venture partnership comprised of Kiewit Energy Group Inc., Black & Veatch Construction, Inc., and JGC US … Continue reading

Velocys commercial-scale biorefinery plans move forward

Posted on Wednesday, June 21, 2017

After a successful Phase I Application process, The US Department of Agriculture (USDA) has invited Velocys to submit a Phase II Application to get a loan guarantee for a commercial-scale biorefinery. As part of the total installed cost of the … Continue reading