Refining
High imports, soft summer demand weigh on U.S. gasoline
Gasoline prices have been in a lull in recent months, a boon for Americans traveling this summer. Consumers endured record prices at the pumps after Russia's 2022 invasion of Ukraine upended energy markets.
Saudi Arabia solidifies international partnerships to export renewable energy, green H2 to Europe
The agreements and MoUs were signed during the Renewable Energy and Green Hydrogen Export Workshop, led by ACWA Power under the supervision of the Ministry of Energy.
Russia’s Rosneft slams EU sanctions on India's Nayara refinery
The European Union's 18th package of sanctions against Russia over the conflict in Ukraine, was approved on Friday and is aimed at dealing further blows to Russia's oil and energy industry.
Zambia plans 60,000-bpd oil refinery in copper belt
Officials hope construction will start in the third quarter of 2025, with a first phase of commercial operations planned for 2026.
Mitsubishi Chemical Group invests in Licella Holdings, oil conversion technology using supercritical water
Diamond Edge Ventures Inc. (DEV), the corporate venture arm of Mitsubishi Chemical Group (MCG Group), has announced an investment in Licella Holdings Ltd., an Australian technology leader in advanced recycling and renewable fuels.
Oil prices rise after new EU sanctions on Russia
The EU reached an agreement on an 18th sanctions package against Russia over its war in Ukraine, which includes measures aimed at dealing further blows to Russia's oil and energy industries.
What's in the EU's 18th sanctions package against Russia?
Here are the details of the European Union's 18th sanctions package against Russia over its war in Ukraine, approved on Friday and aimed at dealing further blows to Russia's oil and energy industry.
Shell Catalysts & Technologies, Technip Energies sign global alliance agreement for carbon capture delivery
The alliance combines Shell Catalysts & Technologies' leading technology expertise with Technip Energies’ integration and project delivery excellence.
EIA: U.S. crude stockpiles fall as exports rise; fuel demand drops
U.S. crude oil stockpiles fell last week as exports rose, while gasoline and distillate inventories rose, prompting some concerns about fuel demand.
India's ONGC considers a ~230,000 bpd refinery in Gujarat state
India wants to position itself as a global refining hub and is expanding capacity.
- Envision Energy powers world's first green marine ammonia bunkering 7/25
- New catalyst breakthrough could make clean ammonia easier to produce 7/25
- U.S. Gulf refiners seek Middle East, S. American oil to offset Venezuela, Mexico losses 7/25
- CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions 7/25
- PetroChina makes FID for new northeast refinery complex 7/25
- Valero Energy beats Q2 profit estimates as refining margins improve 7/24
