Refining

Baker Hughes is set to acquire Chart Industries, accelerating its energy and industrial technology strategy.

SWISS has become the first airline to integrate the solar fuel manufactured by the Swiss-based Synhelion clean-tech company into its regular flight operations.

TotalEnergies has selected AspenTech Inmation™ to collect and centralise millions of real-time data points from the company’s industrial sites worldwide, ensuring secure and unified access to data.

The US exported more crude oil to Nigeria than it received from Nigeria for the first time in February and March 2025, the US Energy Information Administration (EIA) reports.

At the Invest Zambia International Conference, the Industrial Development Corp. (IDC) has signed two memoranda of understandings (MoUs) worth over US$2 billion, securing major investments in Zambia’s energy sector.

GlobalData reports that the energy sector is driving CCUS growth, accounting for over 70% of projects by end-2024.

The expansion underlines Sulzer's global strategy of establishing full-service, in-region capabilities to meet the needs of its industrial customers.

PyroGenesis Inc. has announced that its subsidiary, Pyro Green-Gas Inc., has completed the US$9.3 million coke-oven gas valorisation and hydrogen production project for Tata Steel, India.

VRC Group has secured BPCL Bina-1 tender for construction works to the Bina Refinery, Sagar District, India.

The US Energy Information Administration (EIA) expects that US hydrocarbon production is to be supported by export growth in long-term projections through 2030.

The US Energy Information Administration (EIA) has reported that California is set to lose 17% of its oil refinery capacity over the next 12 months because of two planned refinery closures.

bp has reached an agreement to sell its mobility and convenience and bp pulse businesses in the Netherlands to Catom, part of bp’s previously announced divestment programme.

The US Energy Information Administration (EIA) expects that Brent crude oil price will average less than US$70/bbl in 2025 and approximately US$58/bbl in 2026.

In 2024, the US imported about 17% of its domestic energy supply, half of the record share set in 2006 and the lowest share since 1985, according to the EIA’s Monthly Energy Review.

Petrobras has announced that investments totalling approximately R$33 billion are planned for refining and petrochemical projects in Rio de Janeiro, Brazil.