Refining
BPCL, Oil India to build $11-B refinery, petchem complex in southern state
Oil India is considering taking a 10%–20% stake in the planned refinery in Andhra Pradesh state, while BPCL is seeking additional partners for the project.
Airbus and Cathay form co-investment partnership for scaling SAF adoption
Under the terms of the partnership, the two companies will collaborate to identify, evaluate and invest in projects that support the scaling of SAF production towards 2030 and beyond. Projects will be assessed based on their commercial viability, technology maturity, and potential for long-term offtake.
Baker Hughes to supply key technology for Blue Point Number One Ammonia Plant (U.S.)
Baker Hughes’ critical technology solutions will enable the Blue Point Number One Ammonia Project to produce blue ammonia through an autothermal reforming (ATR) process along with an integrated CCS system designed to sequester up to 2.3 metric MMtpy of carbon dioxide (CO2).
Nigeria's Dangote refinery plans to expand to 1.4 MMbpd
The $20-B refinery on the outskirts of Lagos started operations in January 2024 and aims to end imports of refined petroleum products by Africa's biggest crude oil producer.
Mali strikes deal with Russia for petroleum products
Jama'at Nusrat al-Islam wal-Muslimin (JNIM) militants announced a blockade on fuel imports to the landlocked West African country in early September and have since attacked convoys of fuel tankers attempting to enter the country or reach the capital.
Ukrainian strikes on Russian refineries drive fuel price rise in Tajikistan
Monitoring on Friday showed that fuel prices in Tajikistan's capital, Dushanbe, had risen significantly since the beginning of October.
China's Satellite Chemical pauses ethylene project amid U.S. trade tensions
The new cracker, costing roughly $1 B and with a capacity of up to 1.5 metric MMtpy would process ethane into ethylene, a key petrochemicals building block.
- Indian Oil buys first Colombian oil under Ecopetrol contract 12/31
- Ukrainian drone attack sparks fire, damages equipment at Tuapse refinery 12/31
- Chile's $2.5-B Volta green ammonia project wins environmental permit 12/31
- China begins issuing second batch of 2026 crude import quotas to refiners 12/31
- EIA: U.S. crude, fuel inventories rose in the week ended December 19 12/30
- Ghana's Tema oil refinery restarts after 9-yr shutdown 12/30

