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Home/News/Refining

Refining News

Browse the latest refining news and articles.

IDC signs agreement for new crude oil refinery
22 Jul 20252 min read

IDC signs agreement for new crude oil refinery

At the Invest Zambia International Conference, the Industrial Development Corp. (IDC) has signed two memoranda of understandings (MoUs) worth over US$2 billion, securing major investments in Zambia’s energy sector.

Energy sector drives CCUS growth
18 Jul 20252 min read

Energy sector drives CCUS growth

GlobalData reports that the energy sector is driving CCUS growth, accounting for over 70% of projects by end-2024.

Sulzer expands operations in Argentina with third facility opening
17 Jul 20252 min read

Sulzer expands operations in Argentina with third facility opening

The expansion underlines Sulzer's global strategy of establishing full-service, in-region capabilities to meet the needs of its industrial customers.

PyroGenesis complete coke-oven gas valorisation for Tata Steel
16 Jul 20253 min read

PyroGenesis complete coke-oven gas valorisation for Tata Steel

PyroGenesis Inc. has announced that its subsidiary, Pyro Green-Gas Inc., has completed the US$9.3 million coke-oven gas valorisation and hydrogen production project for Tata Steel, India.

VRC Group wins BPCL Bina-1 tender
14 Jul 20251 min read

VRC Group wins BPCL Bina-1 tender

VRC Group has secured BPCL Bina-1 tender for construction works to the Bina Refinery, Sagar District, India.

EIA expects US hydrocarbon production to be supported by export growth
14 Jul 20254 min read

EIA expects US hydrocarbon production to be supported by export growth

The US Energy Information Administration (EIA) expects that US hydrocarbon production is to be supported by export growth in long-term projections through 2030.

Refinery closures present risk for higher gasoline prices on the USA West Coast
10 Jul 20253 min read

Refinery closures present risk for higher gasoline prices on the USA West Coast

The US Energy Information Administration (EIA) has reported that California is set to lose 17% of its oil refinery capacity over the next 12 months because of two planned refinery closures.

bp to sell select businesses in the Netherlands to Catom
10 Jul 20251 min read

bp to sell select businesses in the Netherlands to Catom

bp has reached an agreement to sell its mobility and convenience and bp pulse businesses in the Netherlands to Catom, part of bp’s previously announced divestment programme.

EIA predicts oil prices to decrease despite market uncertainty
9 Jul 20253 min read

EIA predicts oil prices to decrease despite market uncertainty

The US Energy Information Administration (EIA) expects that Brent crude oil price will average less than US$70/bbl in 2025 and approximately US$58/bbl in 2026.

EIA reports that imports made up lowest share of US energy supply in nearly 40 years
8 Jul 20252 min read

EIA reports that imports made up lowest share of US energy supply in nearly 40 years

In 2024, the US imported about 17% of its domestic energy supply, half of the record share set in 2006 and the lowest share since 1985, according to the EIA’s Monthly Energy Review.

Petrobras announces investments in refining and petrochemicals in Brazil
4 Jul 20253 min read

Petrobras announces investments in refining and petrochemicals in Brazil

Petrobras has announced that investments totalling approximately R$33 billion are planned for refining and petrochemical projects in Rio de Janeiro, Brazil.

Pampa Energía set to build oil and gas treatment plant in Argentina
3 Jul 20251 min read

Pampa Energía set to build oil and gas treatment plant in Argentina

Pampa Energía has submitted its application to build an oil and gas treatment plant at its Rincón de Aranda field, Argentina, with an investment of US$426 million.

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