Oil refinery news

INA has marked the completion of the Rijeka Refinery Upgrade Project which involved an investment of nearly €700 million, representing the largest single investment in INA’s history.

The 32 Member countries of the IEA have agreed to make 400 million bbl of oil from their emergency reserves available to the market to address disruptions in oil markets stemming from the war in the Middle East.

The US Energy Information Administration (EIA) has published its latest Short-Term Energy Outlook (STEO).

America First Refining has announced the construction of the first new oil refinery built in the US in 50 years, to be located at the Port of Brownsville, Texas.

Clariant has announced a strategic collaboration with Vertimass LLC aiming to accelerate the development and commercialisation of advanced zeolite catalysts for the catalytic conversion of biobased alcohols.

ITT Inc. has announced the closing of its acquisition of SPX FLOW, Inc., a provider of highly engineered equipment and process technologies serving industrial and chemical markets.

Neil Crosby, AVP Oil Analytics at Sparta, Michael Ryan, Freight Commodity Owner at Sparta, and Philip Jones-Lux, Senior Analyst for Sparta, comment on freight, refining margins, and Hormuz disruption.

Neil Crosby, AVP Oil Analytics at Sparta, provides commentary on the potential impact of continued disruption in the Strait of Hormuz.

EnerMech has secured a five-year contract to deliver integrated mechanical, electrical, and instrumentation (ME&I) maintenance services at Ampol’s Lytton Refinery in Brisbane, Australia.

ICIS has provided analysis and context on the evolving situation in the Middle East and its impact on energy markets.