Oil refinery news

Rompetrol Rafinare continues the strategic programme to modernise the storage infrastructure at Petromidia, Romania, through the capital rehabilitation and modernisation of five tanks with a direct impact on the refinery’s operational flexibility.

A joint industrial decarbonisation project from Shell, Schneider Electric, and Axens demonstrates how electrification, process technology and site integration can help reduce direct CO2 and NOx emissions from refinery heating.

The US EIA explores how disruptions to global refining activities are affecting gasoline supplies.

The Government of Bangladesh and the Islamic Development Bank have signed US$1 billion financing agreement for the modernisation and expansion of the Eastern Refinery Project.

Black & Veatch has announced the launch of BVInfraIQ, an AI-enabled digital infrastructure intelligence platform that transforms complex operational data into actionable intelligence and in real time.

Axens has been selected by YPF for the implementation of a 5000 m3/d low sulfur diesel hydrotreater unit at YPF’s Industrial Complex in Argentina, with Axens’ Prime-D™ technology.

Africa is expected to remain a major contributor to global conventional refinery capacity additions during 2026 to 2030, supported by a considerable pipeline of new build and expansion projects, GlobalData has reported.

CITGO is advancing its Lake Charles Refinery Depentanizer Project, a US$310 million investment that supports the long-term competitiveness of one of the nation's largest and most complex refineries.

OMV Petrom has received all seven modules for its second electrolyser at the Petrobrazi refinery in Romania, expanding its green hydrogen production capacity to 55 MW.

The Middle East conflict continues to disrupt oil exports through the Strait of Hormuz, straining markets and pressuring inventories – and increasing the urgency of reopening the critical waterway, according to the IEA's latest Oil Market Report.