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The rise in fuel production is being driven largely by the ramp-up of the Dos Bocas plant. The refinery operated at 77.5% of its installed capacity in December, its best performance to date.

The Department of Energy authorized two power companies to direct data centers and other large facilities to run backup generators as a last resort to prevent rolling blackouts.

Actor and Stax Engineering founding partner Edward Norton promoted his company’s technology that captures ship emissions, saying the company has worked with CARB and the shipping industry.

New York Harbor diesel’s premium to European futures surpassed 40 cents a gallon on Jan. 26, the highest level in over three years and continues to hover around that marker.

A massive winter storm that swept the U.S. over the weekend crippled oil and gas producers and the industrial plants that refine the raw commodities into everything from gasoline to plastics.

Deep snow — over a foot extending in a 1,300-mile swath from Arkansas to New England — halted traffic, canceled flights and triggered wide school cancellations Jan. 26. 

The winter storm is estimated to have knocked offline almost 10% of U.S. natural gas production, just as demand for the heating and power plant fuel jumped.

U.S. natural gas futures for February delivery surged 70% as the market braced for a historic winter storm that’s poised to send temperatures plummeting and boost demand for the heating fuel.

The U.S. sanctions aim to prevent the targeted Iranians from doing business with Americans or accessing U.S. accounts. The targeted vessels are from Palau, Panama and other jurisdictions.

Lawmakers had been working to pass a measure allowing year-round sales of higher-ethanol E15 gasoline. But the amendment was scrapped Jan. 22, in a blow to ethanol producers and large refineries.