Oil refinery news

The American Petroleum Institute explore how the price of oil is actually determined in the latest release here.

The planned Initial Public Offering of the Dangote Petroleum Refinery & Petrochemicals has taken a significant step forward with the completion of a US$1 billion underwriting programme, strengthening the capital markets foundation for what could become Africa’s most consequential industrial listing.

Zimar Group is set to build a US$1.9 billion refinery and petrochemical complex in Dosso, southerwestern Niger, according to various media outlets.

ORLEN has secured certification under the Oil and Gas Institute’s KZR INiG sustainability scheme for the co-hydrotreatment of bio-based feedstocks at its Plock refinery, Poland.

Phillips 66, Kinder Morgan, Inc., and HF Sinclair Corp. have announced they have finalised a joint venture agreement and made a final investment decision to move forward with the proposed Western Gateway Pipeline system.

As regulatory expectations around secondary containment in chemical storage continue to evolve, Sherwin Williams Protective and Marine Coatings has launched a new range of systems designed to provide comprehensive, compliant protection, tailored to a versatile set of applications.

Petrovietnam Refining and Petrochemical Corp. (BSR) has issued a Request for Proposal for financing the Dung Quat Oil Refinery Expansion and Upgrade Project, with a proposed loan of about US$600 million.

ORLEN has opened a Marine Transshipment Terminal at its Gdansk refinery, Poland, marking the completion of one of the group’s key logistics projects.

API considers how months of disruption in the Strait of Hormuz have tested global energy markets, leaving the world with less cushion and less margin for error, and how the US energy system has managed the turbulence.

Bharat Heavy Electricals Ltd has secured a significant order for the supply and supervision of erection and commissioning of eight gas turbine generator packages from Dangote Refinery, Nigeria.