Oil refinery news
Geopolitical developments contribute to elevated diesel prices
The US Energy Information Administration (EIA) considers key geopolitical developments that have contributed to rising diesel prices in the final months of 2025.
JCEDF hosts groundbreaking ceremony for BWC Terminals’ new facility
Jackson County Economic Development Foundation (JCEDF) has hosted a groundbreaking ceremony for BWC Terminals’ new facility in Pascagoula, Mississippi, US, which will receive, store, and deliver petroleum products.
CZPC receives investment licence for Zambia oil refinery
The Zambia Development Agency has handed over the investment licence to China Zambia Petrochemical Corp. for the development of a US$1.1 billion crude-oil refinery and integrated energy complex in Ndola, Zambia.
US average gasoline prices this Thanksgiving similar to last
On the Monday before Thanksgiving, the US retail price for regular-grade gasoline averaged US$3.06/gal., just ¢2/gal. higher than the same time in 2024, the EIA has reported.
Sonatrach and Sinopec to boost naphtha refining capacity
Sonatrach and Sinopec Guangzhou Engineering Co. Ltd have signed a contract relating to the construction of a hydrotreating and reforming unit (CCR type) to treat heavy naphtha at the Arzew refinery, Algeria.
AFPM: REFINER Act spotlights liquid fuels, downstream energy manufacturing as a national security asset
AFPM President and CEO Chet Thompson has issued a statement on the Researching Efficient Federal Improvements for Necessary Energy Refining (REFINER) Act (H.R. 3109).
Dangote Refinery selects Honeywell technology to double production capacity
Dangote Refinery has selected Honeywell to supply technology and services to help enable the refinery to process a wider range of crude and double the production capacity by 2028.
EIL signs MoU with NMDC Energy
Engineers India Limited (EIL) has inked a memorandum of understanding (MoU) with NMDC Energy to strengthen cooperation in the execution of onshore projects in Saudi Arabia.
Enbridge approves US$1.4 billion expansion across its Mainline and Flanagan South systems
Enbridge has reached FID on the MLO1 project, which will help meet customer demand for incremental egress, increasing deliveries of Canadian heavy oil to key refining markets in the US Midwest and Gulf Coast.
OMV and Masdar collaborate to decarbonise Schwechat refinery
OMV and Masdar have signed a binding agreement to develop and operate a new 140 MW green hydrogen electrolyser plant in Bruck an der Leitha, Austria, to decarbonise OMV's Schwechat refinery.