Oil refinery news
Shell, Schneider Electric, and Axens launch joint industrial decarbonisation project
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.
EIA: elevated crack spreads and crude oil prices contribute to higher prices at the pump
The US EIA explores how disruptions to global refining activities are affecting gasoline supplies.
Bangladesh and IsDB sign US$1 billion financing Agreement for Eastern Refinery expansion
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 launches BVInfraIQ
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.
Axens selected by YPF for diesel production upgrade solution
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.
GlobalData: Africa to drive global upcoming conventional refineries capacity additions by 2030
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 strengthens Lake Charles Refinery with US$310 million project
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 receives all electrolyser modules for Petrobrazi refinery
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.
IEA: continued Hormuz disruptions strain global oil supplies and inventories
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.
Burckhardt Compression wins order for the Boaventura Energy Complex
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.