Petrochemicals
2026 AFPM Annual Meeting: Continuing as a global stabilizing force and shaping the narrative
The 2026 American Fuel and Petrochemical Manufacturers (AFPM) Annual Meeting has kicked off at the Hyatt Regency New Orleans, Louisiana (U.S.) and runs through March 17th.
America First Refining plans new Texas refinery, first in nearly 50 years
America First Refining (AFR) plans to build the first new U.S. oil refinery in nearly half a century at the Port of Brownsville in South Texas. President Donald Trump announced the project, describing it as part of a broader push to expand domestic energy production and strengthen U.S. energy security.
Chevron Lummus Global expands portfolio with Fischer-Tropsch liquids upgrading solutions
Previously licensed by Chevron U.S.A. Inc., these solutions deliver premium products such as Group III/III+ base oils, sustainable aviation fuel (SAF), and high-quality jet and diesel fuels with unmatched reliability, efficiency and consistently high performance.
Taiwan's Formosa Petchem issues force majeure as Iran war disrupts feedstock delivery
For refined fuel products such as diesel, jet fuel and gasoline, the company is still proceeding with its export deliveries for March and April, although there is likely to be no spot availability for April.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22

