Oil refinery news

L&T Energy Hydrocarbon Onshore business has secured a major engineering, procurement, and construction order from Kuwait Oil Co. for its key Jurassic Light Oil export facilities and the upgrade of existing export network.

Wood has been awarded a new contract from Binh Son Refining (BSR) to carry out Project Management Consultancy services for the Dung Quat Refinery Upgrade and Expansion Project in Vietnam.

The value of energy trade between the US and Canada fell by 11% in 2025 to an estimated US$137 billion, according to data from the US Census Bureau, the US EIA has reported.

For the week ending 17 July 2026, commercial crude oil inventories (excluding the Strategic Petroleum Reserve) increased 2.0 million barrels to 411.7 million barrels, 6% below the previous five-year (2021 - 2025) average, the US EIA has reported.

Emerson has announced a new flameproof model for the Rosemount™ 965 Flame Detector, adding hazardous-location certification for applications where reliable hydrocarbon flame detection is required.

Emerson has introduced software that automates two of refining’s most time-intensive and margin-critical processes: crude scheduling and product blending.

RapiCure has announced that it has been selected by Chevron Technology Ventures for its Catalyst Program™ aimed at accelerating technology innovation within the energy sector.

Petroleum markets in 2Q26 were characterised by continued disruptions to international crude oil and petroleum product flows through the Strait of Hormuz, contributing to higher and more volatile crude oil prices through most of the quarter, the EIA has reported.

UNIMOT Paliwa imported a seaborne shipment of crude oil to Gdansk in July 2025, which will be transported from the Naftoport terminal to the PCK refinery in Schwedt, Germany, using PERN's pipeline infrastructure.

Emerson has helped Rompetrol Rafinare reduce distributed control system alarm volumes by more than 95% using DeltaV™ AgileOps operations management software at its Petromidia refinery in Navodari, Romania.