Oil refinery news

Axens has announced the closing of the acquisition of 100% of Eurecat, following the completion of the required regulatory approvals.

Binh Son Refining and Petrochemical JSC (BSR) has signed several memoranda of understandings (MoUs) with leading US energy firms, marking a fresh step forward in bilateral energy cooperation.

Petrobras has renewed and expanded crude oil sales contracts with India’s main state-owned refiners during a global energy industry leaders’ meeting, held in the city of Goa, India.

Repsol will install its second 100 MW electrolyser at its Petronor refinery in Muskiz, Northern Spain, advancing its industrial decarbonisation strategy.

The American Petroleum Institute (API) has called for swift congressional action on year-round E15 and refinery certainty.

In the latest Short-Term Energy Outlook (STEO), EIA forecasts that retail US gasoline prices will be lower in the next two years than in 2025, falling 6% in 2026 and then increasing 1% in 2027.

Engineers India Ltd (EIL) has partnered with the Dangote Group as the PMC and EPCM consultant for the 650 000 bpd Dangote Refinery and Petrochemical Complex.

Orlen are set to build a 40 MW solar project in the immediate vicinity of Orlen’s production plant in Plock, Poland.

VARO Energy has announced that it has completed the Preem AB acquisition, marking the delivery of VARO Energy’s 2022 ONE VARO Transformation strategy by creating VAROPreem.

Econotherm has announced that it has been awarded a contract exceeding €3 million for the supply of three fired heater air pre-heaters in a Rotterdam-based refinery, the Netherlands.