Oil refinery news

The International Energy Agency (IEA) explores why diesel prices are surging amid the latest hostilities in the Middle East.

Oil markets remain under intense pressure as disruptions to crude and refined product supplies from the Strait of Hormuz crisis continue to ripple through global markets, the IEA has reported.

Clariant, in partnership with Lummus Technology, has announced that it has been awarded a contract by Zhejiang Petroleum & Chemical Co. Ltd to supply its CATOFIN™ catalyst and HGM for a new propane dehydrogenation unit in Zhejiang Province, China.

Emerson has announced updates to both its AMS 6500 ATG online protection system with embedded prediction and the AMS Machine Works asset health monitoring software.

Matrix Service Co. has announced that America First Refining has awarded the company the front-end engineering and design of the storage tank farm for AFR’s large scale refining facility in Brownsville, Texas, US.

Rompetrol Rafinare continues the strategic programme to modernise the storage infrastructure at Petromidia, Romania, through the capital rehabilitation and modernisation of five tanks with a direct impact on the refinery’s operational flexibility.

A joint industrial decarbonisation project from Shell, Schneider Electric, and Axens demonstrates how electrification, process technology and site integration can help reduce direct CO2 and NOx emissions from refinery heating.

The US EIA explores how disruptions to global refining activities are affecting gasoline supplies.

The Government of Bangladesh and the Islamic Development Bank have signed US$1 billion financing agreement for the modernisation and expansion of the Eastern Refinery Project.

Black & Veatch has announced the launch of BVInfraIQ, an AI-enabled digital infrastructure intelligence platform that transforms complex operational data into actionable intelligence and in real time.