
Woodside and BHP to create a global energy company
Woodside Petroleum Ltd (Woodside) and BHP Group (BHP) have entered into a merger commitment deed to combine their respective oil and gas portfolios by an all-stock merger.
Browse the latest oil refinery news news and articles.

Woodside Petroleum Ltd (Woodside) and BHP Group (BHP) have entered into a merger commitment deed to combine their respective oil and gas portfolios by an all-stock merger.

Vertech Group’s tank inspection portfolio is set to expand, having recently been awarded a national bulk liquid storage tank inspection contract for onstream and offstream inspection services.

According to GlobalData, China is expected to register the highest refinery hydrotreater capacity additions in Asia between 2021 and 2025, contributing about 50% of the total capacity additions by 2025.

Haldor Topsoe increases prices for sulfuric acid catalysts with €0.25/L.

Honeywell has announced that its cloud-based Honeywell Enraf Inventory Calculation Module (HEICM) has been integrated into Royal Vopak’s MyService Terminal Management System (TMS).

Trinidad Petroleum Holdings Ltd (TPHL) has commenced a broad-based process for a transaction involving the Guaracara Refining Co. Ltd's refining assets, and the restart of the refinery.

McKinsey & Co. predicts that demand for light product, which largely drives refining utilisation, will plateau by the mid-2020s – even in the case of a delayed energy transition.

ProSep has secured two multi-million-dollar contracts that will lower the use of harmful chemicals in gas oil separation plants in the middle east.

JANAF Plc. has concluded contracts for transport of crude oil and storage of petroleum products with INA d.d.

McDermott has been selected by LACC to provide engineering, procurement and construction for a seventh heater addition to its LACC ethane cracker facility in Westlake, Los Angeles, US.

The Federal Government of Australia has announced a AU$260 million investment to expand the company’s diesel storage capacity.

According to GlobalData, Asia is expected to lead the global polypropylene capacity additions with a capacity of 40.32 million tpy by 2025.