Refining

BP has reached an agreement to sell its Gelsenkirchen refinery and related businesses to Klesch Group, an independent European refiner.

Abundia has announced that it has entered a multi-project licensing agreement with Topsoe to deploy its HydroFlex® technology for the upgrading process at Abundia's waste-plastics-to-renewable products recycling facility in Baytown, Texas, US.

TwinThread has announced the release of Perfect Batch, an AI-powered manufacturing analytics solution designed to optimise batch production processes by empowering manufacturers to standardise and consistently replicate their best performing or ‘golden batches.’

Baker Hughes has announced a substantial 60 month service award from Petrobras to support critical turbomachinery equipment for Brazil’s offshore operations as well as a major refinery.

INA has marked the completion of the Rijeka Refinery Upgrade Project which involved an investment of nearly €700 million, representing the largest single investment in INA’s history.

The 32 Member countries of the IEA have agreed to make 400 million bbl of oil from their emergency reserves available to the market to address disruptions in oil markets stemming from the war in the Middle East.

The US Energy Information Administration (EIA) has published its latest Short-Term Energy Outlook (STEO).

America First Refining has announced the construction of the first new oil refinery built in the US in 50 years, to be located at the Port of Brownsville, Texas.

Annual US crude oil exports in 2025 decreased 3% from 2024, the first annual decrease since 2021, reports the US Energy Information Administration (EIA).

KT-Kinetics Technology has participated in the ceremony for the completion of the Rijeka Refinery Upgrade Project in Croatia, having completed the engineering, procurement and construction activities.

With 15 million bpd of Gulf supply suddenly offline, global oil demand will need to fall to rebalance the market – a process that could require prices to reach US$150/bbl, according to new Wood Mackenzie analysis.

At the end of February 2026, NETZSCH Pumps & Systems inaugurated a new, state-of-the-art production facility in Goa, India.

In 2025, US exports of major petroleum-based transportation fuels were about the same as the previous year, reports the US Energy Information Administration (EIA).

DNV's annual Energy Transition Outlook (ETO) for the UK finds that the energy transition risks being delayed by a lack of 'whole system' thinking.

When a Petroineos refinery experienced a critical equipment failure, a bespoke air production solution delivered in record time helped the plant’s owners avoid extremely costly unplanned downtime.