Oil refinery news

GlobalData has reported that Asia is expected to contribute 40% of new-build refinery capacity growth by 2024.

DuPont has launched its new wet scrubbing plume suppression technology for sulfur recovery unit applications.

Gazprom Neft’s Omsk Refinery has had major equipment installed in order to increase its production of winter diesel fuel.

McDermott to proceed with the FEED phase of residue oil conversion project for Beowulf Energy at Preem refinery in Sweden.

ExxonMobil has made a discovery at Uaru, and ups its Guyana recoverable resources to more than 8 billion boe.

Equatorial Guinea has officially launched its Year of Investment 2020, aimed at drawing capital investment into industrial projects.

Sentinel Midstream and Freepoint Commodities have reached an agreement on deep water crude oil export facility.

ExxonMobil and Axens have expanded their partnership in refining technology through the signing of an alliance agreement.

VARO has completed its acquisition of additional shares in the Bayernoil refinery, making it the majority shareholder.

The EIA has announced that in September 2019, US petroleum exports exceeded imports.