US refinery news

According to the US EIA’s latest annual Refinery Capacity Report, US operable atmospheric distillation capacity totalled 18.4 million bpcd on 1 January 2025 – essentially flat compared with last year.

The IEA’s latest Oil Market Report has demonstrated a structural shift in the industry, accelerating the need for automation and intelligent flow control at refineries to maintain profitability and operational resilience.

As the global transition to clean energy accelerates, Greene Tweed engineers are developing and testing advanced materials to overcome the challenges faced by companies pursuing sustainability goals. This article focuses on four key areas where innovation in material science is driving progress.

Although global oil demand is expected to grow, the long-term outlook for many refineries is uncertain. Wood Mackenzie’s latest global refinery closure threat analysis reviews 420 sites worldwide, identifying those most at risk by 2035. Rising carbon cost, shifting demands and lack of petrochemical integration are key factors shaping future viability.

Oil prices and refinery margins fell slightly in 1Q25 according to a recent report from the US Energy Information Administration.

Duqm Refinery has installed three IPCO SG20 drum granulators to process sulfur efficiently and meet SUDIC standards. The advanced system offers high capacity, reduced emissions, and consistent product quality, addressing common challenges in traditional drum granulation with innovative features and simplified, continuous operation.

Ergon Refining has expanded processing capabilities for gasoline production at its Vicksburg refinery in Mississippi, US.

Jet fuel made up a record share of US refinery output in 2024 according to an update from the US Energy Information Administration.

OMV has unveiled a ReOil® plant to transform end-of-life plastics into circular feedstocks.

Oil prices are likely to be lower in 2025 than the previous year according to a report from Wood Mackenzie.