Browse the latest refining news and articles.
On 28 April 2026, the UAE announced that it was leaving OPEC, effective on 1 May, which has reduced the group's global share of crude oil production and capacity.
Petrobras has completed the production and sale of the first batch of SAF produced from CORSIA-certified low-risk ILUC soybean oil, which attests to sustainability criteria and a lower risk of impact on new areas.
Wood Mackenzie has forecasted Brent averaging US$78/bbl in 2027 and potentially easing to US$70/bbl by 4Q27, following a US-Iran MoU that has shifted market sentiment away from a prolonged Strait of Hormuz closure.
Cognite has announced the launch of its Integrated Supply Chain offering, which extends the Cognite AI and Data Platform beyond the plant.
MAIRE has announced that Nextchem, through its subsidiary MyRechemical, has signed a licensing agreement with SUSTAERO GP Inc. in relation to a project for the production of SAF from biomass in Canada.
John Crane has developed a validated methodology that significantly improves the accuracy of drivetrain analysis in critical rotating equipment.
Compliance credits for biomass-based diesel and ethanol have doubled in value since the start of 2026. The credits have increased in price, mostly because of higher US biofuel blending targets, the EIA has reported.
BP has set out its new organisational structure to simplify the company, improve performance, and grow value for shareholders.
The US EIA has its June STEO, reducing its expectation for global oil demand in 2026 due to high fuel prices, reduced fuel availability, and government initiatives curbing oil consumption.
Weekly estimates suggest US jet fuel production has increased to record highs in response to elevated jet fuel prices after the Strait of Hormuz closed on 28 February 2026, the US EIA has reported.
AFPM President and CEO Chet Thompson has issued a statement in response to the Surface Transportation Board’s decision to require supplemental information for the latest Class 1 freight rail merger application.
McDermott has been selected by Aramco as one of the 11 selected contractors for a Project Management Consultancy Long-Term Agreement to support delivery of large-scale energy, downstream, petrochemical, and low carbon projects across the Kingdom of Saudi Arabia.