L&T Onshore secures major order from BPCL
L&T’s Hydrocarbon Onshore business vertical (L&T Onshore) has won a major order from Bharat Petroleum Corp. Ltd (BPCL) for a polyethylene swing unit in India.
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Woodside and BOTAS finalise long-term LNG supply agreement
Woodside and BOTAS have signed a sale and purchase agreement for the long-term supply of LNG.
Eni spins off refineries
Eni has transferred the management of its traditional refineries and depots in Europe and the Middle East to a new company: Eni Industrial Evolution S.p.A.
SAMSUNG E&A announces groundbreaking of low-carbon ammonia plant
SAMSUNG E&A, a total solutions provider for the global energy industry, has announced that it has broken ground on its Wabash Low-Carbon Ammonia Plant in the US.
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Upcoming hydrocarbon events
21st International Conference & Exhibition on Liquefied Natural Gas (LNG2026)
02 Feb 2026 - 05 Feb 2026
Qatar National Convention Centre (QNCC),
Al Luqta St,
Ar Rayyan,
Doha,
Qatar
76th Annual Laurance Reid Gas Conditioning Conference
17 Feb 2026 - 20 Feb 2026
Norman,
Oklahoma,
United States
Crude oil prices fell in 2025 amid oversupply
The US EIA has reported that crude oil prices generally declined in 2025 with supplies in the global crude oil market exceeding demand.
NEXTCHEM acquires 100% of Ballestra Group
NEXTCHEM has agreed to acquire 100% of Ballestra Group, composed of Ballestra S.P.A. (Italy), Buss Chemtech Ag (Switzerland), and Ballestra Engineering and Projects Pvt (India).
PETRONAS signs supply agreement with CNOOC
PETRONAS has entered into a sale and purchase agreement with CNOOC Gas and Power Singapore Trading & Marketing Pte. Ltd for the supply of 1 million tpy of LNG.
Phillips 66 Ltd agrees to acquire Lindsey Oil Refinery assets
Phillips 66 has said that key facilities will be integrated into the Humber Refinery rather than restarting standalone refinery operations at the Lindsey site.
Technip Energies acquires Ecovyst's AM&C business
Technip Energies has announced the completion of its acquisition of the Advanced Materials & Catalysts (AM&C) business from Ecovyst Inc., a global leader in specialty catalysts and advanced materials.
INA completes construction of key systems for new refinery unit
The Rijeka refinery upgrade project has entered its final phase of implementation as construction works on the key systems of the new processing units have been completed, Croatia.