Refining

ORLEN has opened a Marine Transshipment Terminal at its Gdansk refinery, Poland, marking the completion of one of the group’s key logistics projects.

Shell Catalysts & Technologies has announced that it has sold a number of intellectual property assets and experienced personnel relating to its Environmental Catalysts and Systems business to Lummus Technology.

API considers how months of disruption in the Strait of Hormuz have tested global energy markets, leaving the world with less cushion and less margin for error, and how the US energy system has managed the turbulence.

AMETEK, Inc. announced the launch of the Grabner Vision Pro Series, the next evolution of its analytical instrumentation platform.

Bharat Heavy Electricals Ltd has secured a significant order for the supply and supervision of erection and commissioning of eight gas turbine generator packages from Dangote Refinery, Nigeria.

Summit Technology has launched its new PowerSight® Remote Monitoring service, a remote monitoring solution for portable power analysers.

BP has completed the sale of Gelsenkirchen refinery, Germany, and related businesses to Klesch Group.

China, the world’s largest importer of crude oil, imported less crude oil in 2Q26 following higher crude oil prices that resulted from disrupted flows through the Strait of Hormuz, the US EIA has reported.

MWG Enterprises, Patel Family Office, and PWS have together launched MERA Oil, a US-Saudi private consortium, and entered the final stage of selecting a host for their planned US$5 billion integrated refinery and energy export corridor.

L&T Energy Hydrocarbon Onshore business has secured a major engineering, procurement, and construction order from Kuwait Oil Co. for its key Jurassic Light Oil export facilities and the upgrade of existing export network.

Wood has been awarded a new contract from Binh Son Refining (BSR) to carry out Project Management Consultancy services for the Dung Quat Refinery Upgrade and Expansion Project in Vietnam.

The value of energy trade between the US and Canada fell by 11% in 2025 to an estimated US$137 billion, according to data from the US Census Bureau, the US EIA has reported.

Siemens has announced the launch of SIMATIC AX WinCC Unified Elements, an IT-like engineering application for the SIMATIC WinCC Unified system.

Johnson Matthey Plc has announced the completion of its acquisition of CORMETECH Inc., following the satisfaction of customary closing conditions including all regulatory approvals.

For the week ending 17 July 2026, commercial crude oil inventories (excluding the Strategic Petroleum Reserve) increased 2.0 million barrels to 411.7 million barrels, 6% below the previous five-year (2021 - 2025) average, the US EIA has reported.