Refining

The Governing Board of the International Energy Agency (IEA) has unanimously agreed for Nigeria to join the IEA Family as an Association country.

IMI has been awarded a new contract to supply a wireless vibration monitoring solution for a major refinery operator in Oman.

To address corrosion under insulation (CUI) , industry stakeholders have come together in a Joint Industry Project (JIP) led by SIRRIS, a Belgian non-profit research and innovation centre for the technological industry.

KBR's ROSE® technology has been successfully commissioned by HPCL Visakh refinery at its new residue upgradation facility (RUF) in India.

Endress+Hauser opened two new facilities in the US in June 2026. With these locations in Greenwood, Indiana, and Edgmont, Pennsylvania, the company is further expanding its presence in the country and strengthening its collaboration with regional sales and service representative partners.

Alfa Laval has announced the signing of a 1.1 BSEK (€102 million) contract to supply hydrotreated vegetable oil (HVO) pre-treatment technology for Acelen’s new biorefinery project in Brazil.

INEOS Enterprises has announced the completion of the sale of INEOS Calabrian, its ultra-pure sulfur dioxide and derivatives business, to Ecovyst.

Neste will conduct an approximately nine week maintenance turnaround at its Porvoo refinery between August and October 2026, Finland.

US operable atmospheric distillation capacity totalled 18.2 million b/cd on 1 January 2026 – down over 250 000 b/cd (about 1%) compared with 1 January 2025 – according to the EIA's latest annual Refinery Capacity Report.

Sky Quarry Inc. has announced an update on its Nevada refinery operations, US, provided by the company's interim CEO, Marcus Laun.

ABB’s SensyMaster flowmeter now delivers verified thermal mass flow measurement for the chemicals, oil and gas, power and utilities, and industrial gas industries.

The US Energy Information Administration has reported that US refineries processing capacity and crude oil stocks have fallen throughout June.

On 28 April 2026, the UAE announced that it was leaving OPEC, effective on 1 May, which has reduced the group's global share of crude oil production and capacity.

Petrobras has completed the production and sale of the first batch of SAF produced from CORSIA-certified low-risk ILUC soybean oil, which attests to sustainability criteria and a lower risk of impact on new areas.

Wood Mackenzie has forecasted Brent averaging US$78/bbl in 2027 and potentially easing to US$70/bbl by 4Q27, following a US-Iran MoU that has shifted market sentiment away from a prolonged Strait of Hormuz closure.