Oil refinery news

The IEA’s latest Oil Market Report has demonstrated a structural shift in the industry, accelerating the need for automation and intelligent flow control at refineries to maintain profitability and operational resilience.

Argent Energy has achieved a sustainability milestone with the launch of a new water recycling system in Amsterdam, the Netherlands.

OMV Petrom’s Petrobrazi refinery has been safely restarted, after planned maintenance works.

Although global oil demand is expected to grow, the long-term outlook for many refineries is uncertain. Wood Mackenzie’s latest global refinery closure threat analysis reviews 420 sites worldwide, identifying those most at risk by 2035. Rising carbon cost, shifting demands and lack of petrochemical integration are key factors shaping future viability.

Petrobras has announced that it has started operations at a new diesel hydrotreatment unit at the Paulínia Refinery (Replan), in São Paulo, Brazil.

Under the terms of the agreement, which includes optional extensions for up to five years, OEG will supply logistics equipment for the organisation’s operations in North America.

hte has strengthened its cooperation with Mitsubishi Chemical to provide screening services of MMA oxidation catalysts.

Vitol has launched a new FuelEU compliant co-processed VLSFO offering for marine customers from its Fujairah refinery.

Sinopec’s Ningbo Zhenhai subsidiary has selected ECI Group’s HPPE technology for a new EVA/LDPE plant in China.

Ergon Refining has expanded processing capabilities for gasoline production at its Vicksburg refinery in Mississippi, US.