Refining

Axens has been selected by YPF for the implementation of a 5000 m3/d low sulfur diesel hydrotreater unit at YPF’s Industrial Complex in Argentina, with Axens’ Prime-D™ technology.

Africa is expected to remain a major contributor to global conventional refinery capacity additions during 2026 to 2030, supported by a considerable pipeline of new build and expansion projects, GlobalData has reported.

CITGO is advancing its Lake Charles Refinery Depentanizer Project, a US$310 million investment that supports the long-term competitiveness of one of the nation's largest and most complex refineries.

OMV Petrom has received all seven modules for its second electrolyser at the Petrobrazi refinery in Romania, expanding its green hydrogen production capacity to 55 MW.

The Middle East conflict continues to disrupt oil exports through the Strait of Hormuz, straining markets and pressuring inventories – and increasing the urgency of reopening the critical waterway, according to the IEA's latest Oil Market Report.

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.