Refining

Siemens Energy announces new independent brand name following spin-off from Siemens AG in 2020.

Ferguson Enterprises Inc. has announced that it has entered into a definitive agreement to acquire FWI Holdings, Inc. (FloWorks), an industrial distributor and service provider of highly technical valves and flow control solutions, from Wynnchurch Capital L.P.

OMV has received a €450 loan from the European Investment Bank (EIB) for the construction of its 140 MW green hydrogen production facility in Austria to significantly contribute to the decarbonisation of its Schwechat refinery.

After the war in the Middle East began, fuel prices at the pump surged in some countries and barely moved in others. The IEA offers commentary.

US petroleum exports reached a record in April as disruptions to international crude oil and refined product flows through the Strait of Hormuz increased global demand for US exports, the US EIA has reported.

The US Energy Information Administration published its July Short-Term Energy Outlook (STEO), increasing its expectations for global oil production.

ADNOC and XRG have signed a strategic collaboration agreement with Mitsui & Co., Ltd to unlock new growth opportunities across the energy value chain.

Fluor has been selected by Aramco as a Programme Management Consultancy (PMC) contractor under a Long-Term Agreement (LTA) to support its global capital projects portfolio.

Axens has announced the strengthening of its collaboration with Egyptian Refining Company through the signing of a long-term agreement aimed at maximising asset value and supporting ERC’s evolving needs.

Worley has been awarded, as part of a pool of 11 contractors, a long-term agreement by Aramco to support projects within the Kingdom of Saudi Arabia across the energy and chemical sectors.

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.