Browse the latest refining news and articles.
Rising crude oil prices, low refinery production, and increased consumption of distillate fuel have contributed to the highest nominal (not adjusted for inflation) distillate prices since 2014, reports the EIA.
Huajin Aramco Petrochemical Co., a joint venture (JV) between Aramco, North Huajin Chemical Industries Group Corp., and Panjin Xincheng Industrial Group, will develop the liquids-to-chemicals complex.
Eni and the Republic of Benin have signed a cooperation agreement to develop joint initiatives on the agro-industrial chain, for biorefining use.
Phillips 66 has announced the completion of the previously announced merger between Phillips 66 Partners (PSXP) and Phillips 66.
In a short statement, Worley confirmed that it has started the safe withdrawal of its services provided in and into Russia.
In a recent blog post, the AFPM explained why participating in the global energy market is critical for the US.
China is expected to dominate Asia’s refinery crude distillation unit (CDU) capacity additions from 2022 to 2026, says GlobalData.
The US Department of Energy has released 30 million bbl of crude oil from the US Strategic Petroleum Reserve to ensure an adequate supply of petroleum in response to Russia’s further invasion of Ukraine.
Shell has announced its intent to withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas and LNG in a phased manner, aligned with new government guidance.
The IEA Governing Board has confirmed that IEA Member Countries have released 61.7 million bbl of oil stocks.
AFPM President and CEO Chet Thompson has written a letter confirming AFPM’s position on petroleum imports from Russia.
According to projections from the EIA, US energy consumption will increase over the next 30 years as population and economic growth outpace gains in energy efficiency.