EIA: crude oil prices and refinery margins generally increased 3Q26
Petroleum markets in 3Q26 were characterised by increasing prices for crude oil and petroleum products amid persistent conflict in the Middle East, the US EIA has reported.
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In this special Spotlight Interview, we talk to Robert Hermans, President and CEO of IPCO, on the company marks 125 years since the foundation of Sandvik Process Systems in 1901.
In this Spotlight Interview, Simon Rogers, Chief Technology Officer at KBC (a Yokogawa company), explores how physics-based models, AI, and contextualised enterprise data are converging to improve performance and decision making in the downstream sector.
Höegh Evi and PETROS to develop LNG terminal in Malaysia
Höegh Evi has entered into an agreement with Petroleum Sarawak Berhad to jointly develop the proposed Kuching LNG terminal in Malaysia.
GEN-H plans hydrogen-powered balancing plant
GEN-H is planning a 200 - 300 MW zero-emission balancing power facility in Finland using Hycamite’s methane pyrolysis technology to produce hydrogen and solid carbon.
Dondel breaks ground on China’s first green hydrogen-to-SAF project
Dondel has officially launched its green hydrogen-coupled, CO2 to-sustainable aviation fuel (SAF) project in Xinjiang, China.
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KKR to invest in Cisternina to build a liquid storage and logistics platform
KKR has announced the signing of definitive agreements under which funds managed by KKR will make a majority investment in Cisternina Logistics Private Ltd, a bulk liquid and gas storage and logistics business in India.
Westlake to close PVC plant
Westlake Corp. has announced that, in light of challenging market conditions, the company is taking action to improve profitability by closing its polyvinyl chloride (PVC) plant in Cologne, Germany.
PIF Energy plans US$2 billion crude tanker fleet
PIF Energy has announced a planned US$2 billion investment to acquire up to 15 crude oil tankers, adding seaborne transport capacity at a time when disruption around the Strait of Hormuz and tight refined-product markets are intensifying the global fuel crisis.
NorSAF and Nova Pangaea Technologies to develop waste biomass-to-SAF supply chain
NorSAF has agreed to collaborate with Nova Pangaea Technologies to develop an advanced ethanol production plant in Latvia to supply NorSAF’s SAF facility.
SAR signs an agreement with Yamata
Société Africaine de Raffinage (SAR) has signed an agreement with Yamata for the construction of a second refinery of 4 million tpy and the modernisation of the Mbao refinery, Senegal.
Fourth LNG tank at Gate terminal ready
The construction of the fourth LNG storage tank at the Gate terminal in Rotterdam, the Netherlands, has been completed as scheduled.