EIA publishes January STEO
The US Energy Information Administration (EIA) has published the newest short-term energy outlook (STEO), including forecasts for 2027.
Refining
Advertisement
Indonesia inaugurates upgrades to Balikpapan Refinery
The Indonesian President has inaugurated upgrades to the Balikpapan Refinery, a National Strategic Project that marks a significant milestone in strengthening Indonesia's energy security and sovereignty.
Ketjen announces pricing adjustment for hydroprocessing catalysts
Ketjen has announced that it will implement a pricing adjustment for its hydroprocessing catalyst portfolio, effective 15 January 2026.
US retail gasoline prices decrease for third consecutive year
The US retail price for regular grade gasoline averaged US$3.10/gal. in 2025, US$0.21/gal. less than in 2024, which marked the third consecutive year of declining gasoline prices the EIA has reported.
HPCL commissions upgrade to Visakh Refinery
Hindustan Petroleum Corp. Ltd (HPCL) has commissioned the Residue Upgradation Facility (RUF) at its Visakh Refinery, India.
Technip Energies awarded two large contracts by BPCL
Technip Energies has been awarded two large contracts by Bharat Petroleum Corp. Ltd (BPCL) for key projects at its Bina refinery in Madhya Pradesh and Mumbai refinery in Maharashtra, India.
PBF Energy provides update on Martinez refinery operations
PBF Energy Inc. has announced that that rebuild activities at its Martinez, California, US, refinery, following the 1 February 2025 fire, are now expected to progress into February 2026.
More Refining news
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.
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.
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, Croatia, has entered its final phase of implementation as construction works on the key systems of the new processing units have been completed.
A reset for Europe's refineries
Rob Sumpter, KBR, UK, explores how European refineries can maximise oil and gas assets through master planning amid economic pressure and decline.
Wood Mackenzie reveals five corporate oil and gas themes to look out for in 2026
Oil and gas companies face heightened capital allocation pressure in 2026, according to Wood Mackenzie's latest corporate outlook.
Valmet to acquire Severn Group
Severn Group has announced that it has been acquired for US$480 million dollars by Valmet.