Refining

Siemens Energy has announced it is starting preparations for its Transformation of Industry business to become a standalone company, including steam turbines, compressors, and electrolysers.

Burckhardt Compression has secured two orders for the Boaventura Energy Complex, a major Petrobras project in Brazil, for the supply of six PL2 compressor packages and related services.

Axens and Raízen have announced the start-up of a Prime-G+® FCC gasoline desulfurisation unit at Raízen’s refinery in Argentina, marking the 300th Prime-G+ unit licensed worldwide in 25 years.

Seaborne petroleum product exports from Nigeria have grown seven-fold since 2023, playing an increasing role in the international market for petroleum products at a time when supplies from other areas have been constrained, the EIA has reported.

Asia is expected to lead global conventional refinery capacity additions during 2026 to 2030, supported by a large pipeline of new build and expansion projects, GlobalData has reported.

The AFPM has gathered the following perspectives from analysts and reporters to help explain why fuel prices today are not moving in lockstep with crude oil prices, and why refining capacity has become one of the most important factors shaping what consumers pay at the pump.

Clariant has announced the official launch of two new research and development laboratories for its Additives business in China: one at the Daya Bay production site in Huizhou and one at the One Clariant Campus (OCC) in Shanghai.

The American Petroleum Institute explore how the price of oil is actually determined in the latest release here.

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.

Zimar Group is set to build a US$1.9 billion refinery and petrochemical complex in Dosso, southerwestern Niger, according to various media outlets.

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.

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.

Phillips 66, Kinder Morgan, Inc., and HF Sinclair Corp. have announced they have finalised a joint venture agreement and made a final investment decision to move forward with the proposed Western Gateway Pipeline system.

Frontieras North America has announced the selection of Yokogawa as the main automation contractor for Frontieras' first commercial-scale FASform™ Solid Carbon Fractionation facility in Mason County, West Virginia, US.

Petrovietnam Refining and Petrochemical Corp. (BSR) has issued a Request for Proposal for financing the Dung Quat Oil Refinery Expansion and Upgrade Project, with a proposed loan of about US$600 million.