Oil refinery news

Angolan President, João Lourenço, announced that the Cabinda Refinery will be inaugurated in September 2025, marking a strategic step in the industrialisation of the country.

Binh Son Refining and Petrochemical Joint Stock Co. (BSR) has exported its first batches of diesel oil (DO) to the Lao People’s Democratic Republic.

The US Energy Information Administration has reported that in 2024, the US exported about 30% of its domestic primary energy production.

The US Energy Information Administration (EIA) expects a significant decline in the price of oil as growth in the global supply of oil vastly surpasses growth in demand for petroleum products.

The AFPM have recently submitted comments on the Environmental Protection Agency’s (EPA’s) proposed Renewable Fuel Standard (RFS) volumes for 2026 and 2027.

Imperial has completed construction and is now producing renewable diesel at the Strathcona refinery, Canada.

Wood has secured a $50 million contract extension to provide maintenance solutions at Ampol’s Lytton refinery in Brisbane, Australia.

The US EIA has reported that energy prices were more volatile in the 2Q25 amid uncertainty from concerns over economic growth as well as geopolitical tensions in the Middle East.

KBC (A Yokogawa Company) has announced the launch of Petro-SIM® v7.6, the latest release of its digital twin process simulation platform for the upstream and downstream oil and gas sectors.

Bilfinger has been awarded a major FEED contract from Kuwait National Petroleum Co. (KNPC) for the new North Oil Pier at the customer’s MAA Refinery in Kuwait.