API: who sets the price of oil?
The American Petroleum Institute explore how the price of oil is actually determined in the latest release here.
The latest downstream news
Advertisement
In this latest Hydrocarbon Engineering Spotlight Interview, Senior Editor, Callum O'Reilly is joined by Matthias Wörsching, Head of Custom Catalysts & Business Development, Clariant.
P2X Solutions and avanca/Alternoil enter into a long-term e-methane agreement
P2X Solutions and avanca/Alternoil have entered into a long-term e-methane agreement with deliveries scheduled to start in 4Q26.
Syzygy Plasmonics and IFC partner for SAF projects across Latin America
Syzygy Plasmonics has announced a framework agreement with the International Finance Corp. to support the development of a pipeline of SAF projects across Latin America.
Dangote Refinery secures US$1 billion backing ahead of planned IPO
The planned Initial Public Offering of the Dangote Petroleum Refinery & Petrochemicals has taken a significant step forward with the completion of a US$1 billion underwriting programme, strengthening the capital markets foundation for what could become Africa’s most consequential industrial listing.
The Hydrocarbon Engineering Podcast
A podcast series for professionals in the downstream industry featuring short, insightful interviews. Subscribe on your favourite podcast app to start listening today.
Upcoming hydrocarbon events
2026 AFPM Summit
31 Aug 2026 - 03 Sep 2026
1501 Gaylord Trail
Grapevine,
Texas,
76051,
United States
NISTM’s 2nd Annual Aboveground Storage Tank Conference & Trade Show
01 Sep 2026 - 03 Sep 2026
The Westin Long Beach
333 E Ocean Blvd,
Long Beach,
California,
CA 90802,
United States
GASTECH 2026
14 Sep 2026 - 17 Sep 2026
Bangkok International Trade & Exhibition Centre: BITEC
88 Debaratna Rd,
Bang Na Tai,
Bang Na,
Bangkok 10260,
Thailand
First Nations to lead Kino Aski LNG project
Kino Aski Inc. and Marinvest Energy Canada Inc. have announced the joint development of Kino Aski LNG, a First Nations-led energy corridor and LNG project designed to supply Europe with competitive, low-carbon Canadian energy.
Zimar Group to build refinery and petrochemical complex in Niger
Zimar Group is set to build a US$1.9 billion refinery and petrochemical complex in Dosso, southerwestern Niger, according to various media outlets.
Nextchem awarded licensing, PDP, and engineering services for an SAF project in Australia
MAIRE has announced that Nextchem, through its subsidiary MyRechemical, has been awarded licensing, Process Design Package, and engineering services by SKY Renewables Burdekin Pty Ltd for the syngas section of Project Lion, Australia.
EIA: waterborne shipments from the US Gulf Coast increased in April and May
Waterborne shipments of crude oil and petroleum products from the US Gulf Coast to the West Coast more than quadrupled year-on-year in April and May following a waiver that permitted a broader group of ships to travel between US ports, the US EIA has reported.
Wison Engineering secures US$4 Billion EPC contract for ADNOC project
Wison Engineering has announced that it has been awarded the US$3.9 billion EPC contract for Phase 2 of the Rich Gas Development Project by ADNOC Gas, UAE, the gas-processing subsidiary of ADNOC.
ORLEN certified for biofuel component production at Plock refinery
ORLEN has secured certification under the Oil and Gas Institute’s KZR INiG sustainability scheme for the co-hydrotreatment of bio-based feedstocks at its Plock refinery, Poland.