Projected oil surplus of nearly 4 million bpd in 2026 and slowing demand
Markets brace for shifting dynamics amid the IEA's warnings of supply surpluses, moderating demand growth, and ongoing geopolitical uncertainty.
Browse the latest refining news and articles.
Markets brace for shifting dynamics amid the IEA's warnings of supply surpluses, moderating demand growth, and ongoing geopolitical uncertainty.
Crystaphase has been named a Partner in Collaboration award winner in Marathon Petroleum Corp.’s 10th Annual Supplier Recognition Awards.
The pace of capacity additions for US biofuel production slowed in 2024, with production capacity increasing by a modest 3% from the start of 2024 to the start of 2025, according to the EIA’s latest biofuels production capacity reports.
BASF SE and ANDRITZ Group have signed a license agreement for the use of BASF’s proprietary gas treatment technology in a carbon capture project planned to be implemented in the city of Aarhus, Denmark.
Petrobras has finalised all contract signings to resume construction of Train 2 of the Abreu e Lima Refinery (RNEST) processing units in the city of Ipojuca, Pernambuco, Brazil.
Ketjen and Axens have announced a change to their ownership of Eurecat, with Ketjen extending collaboration on catalyst technology alongside selling its ownership stake to Axens SA.
Yokogawa has announced it has signed a memorandum of cooperation (MoC) with Sinopec Engineering (SEG) to collaborate on engineering, procurement, and construction (EPC) for SEG's projects worldwide.
The US is on track to export a record amount of fuel ethanol for the second year in a row in 2025, driven by growing international demand, the EIA has reported.
Duque de Caxias Refinery (Reduc), in Rio de Janeiro, Brazil, is the first refinery in Brazil certified to produce and commercialise SAF through the HEFA co-processing route.
The API has urged congressional leadership to adopt a more balanced and up-to-date approach to E15 legislation, warning the current proposal no longer reflects today's fuel market realities.
Phillips 66 and Kinder Morgan Inc. have announced the commencement of a binding open season for transportation service on the Western Gateway Pipeline, a newly proposed refined products pipeline system for key downstream markets.
Petrobras has signed a 6 million bbl oil sales contract with the Indian state-owned refiner Hindustan Petroleum Corp. (HPCL ) on the 16 October 2025.