
KBR and Petro Rabigh announce 10 year contract
KBR and Petro Rabigh have announced a strategic 10 year general maintenance services contract covering Petro Rabigh Polymer I and Polymer II plants at Rabigh in the Kingdom of Saudi Arabia.
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KBR and Petro Rabigh have announced a strategic 10 year general maintenance services contract covering Petro Rabigh Polymer I and Polymer II plants at Rabigh in the Kingdom of Saudi Arabia.

Dangote Industries Ltd has entered into a strategic cooperation agreement with XCMG Construction Machinery Co. Ltd in a move aimed at strengthening infrastructure delivery, industrial capacity, and green project development across Africa.

US exports of refined petroleum products have increased steadily over 2025, with exports totalling 6.3 million bpd in January 2026, about 10% more than in January 2025 and near record highs, according to data from Vortexa.

The US Energy Information Administration has reported that many US states slightly increased their taxes and fees on gasoline in 2025, with highs recorded in California and lows in Alaska.

EIA forecasts that production of petroleum and other liquids will continue to exceed global demand, which results in Brent crude oil prices falling from an average of US$69/bbl in 2025 to US$58/bbl in 2026 and US$53/bbl in 2027.

Kevin Fletcher, ClydeUnion Pumps, USA, and Eric Ford, Graphalloy, USA, highlight the importance of pump servicing solutions for rapid turnaround of ageing refinery units.

Axens has announced the closing of the acquisition of 100% of Eurecat, following the completion of the required regulatory approvals.

Binh Son Refining and Petrochemical JSC (BSR) has signed several memoranda of understandings (MoUs) with leading US energy firms, marking a fresh step forward in bilateral energy cooperation.

Petrobras has renewed and expanded crude oil sales contracts with India’s main state-owned refiners during a global energy industry leaders’ meeting, held in the city of Goa, India.

Repsol will install its second 100 MW electrolyser at its Petronor refinery in Muskiz, Northern Spain, advancing its industrial decarbonisation strategy.

The American Petroleum Institute (API) has called for swift congressional action on year-round E15 and refinery certainty.

In the latest Short-Term Energy Outlook (STEO), EIA forecasts that retail US gasoline prices will be lower in the next two years than in 2025, falling 6% in 2026 and then increasing 1% in 2027.