Refining

Wood Mackenzie research suggests that a complete ban on Russian commodity exports will accelerate LNG growth and the energy transition.

Chevron Corp. has awarded Worley a 10-year global master services agreement to provide services to Chevron’s upstream, midstream, and downstream assets.

In light of evolving operating environments, Idemitsu has determined that a revamping of the Idemitsu group's manufacturing and supply framework is inevitable.

Focal Point Energy has agreed to form a 50/50 joint venture with Insa Oil to expand Insa Oil's portfolio of refined products into the broader Balkan market, and develop new clean energy opportunities in the region.

Vegas Renewable Diesel Inc. has announced the acquisition of a prime site near Las Vegas, US, for a renewable diesel refinery.

According to Wood Mackenzie, potential low-carbon hydrogen demand from the global refining sector could reach 50 million tpy by 2050.

GTC Vorro Technology, a provider of environmental services and process technologies to oil and gas, refining, petrochemical and chemical companies, has been acquired by US-based MBT Technology.

The EIA forecasts that US refinery utilisation will be relatively high this summer in response to strong wholesale prices for petroleum products, such as diesel and gasoline.

ABB has been selected by Braya Renewable Fuels to support the transformation of the idled Come By Chance oil refinery in Newfoundland and Labrador, Canada, into a renewable fuels production centre.

According to the latest report from ENISA, attacks increased in 2020 and 2021 – not only in terms of vectors and number, but also in terms of their impact.

According to the AFPM, refiners are bewildered by the Biden Administration RFS rule that will increase costs for refiners and consumers.

GE Digital has announced its new Accelerator product line – software tools to help empower companies in asset-intensive energy industries to quickly configure APM and other offerings.

Elise H. Nowee has been named President of Shell Catalyst & Technologies. She will succeed Andy Gosse, who has served in the role since 2018.

Woodside and BHP have completed the merger of Woodside with BHP’s oil and gas portfolio to create a global energy company.

In a recent blog post, the AFPM listed four main drivers behind the rise in diesel prices: the cost of crude oil, global refining capacity losses, the Russia/Ukraine crisis, and inflation.