Industry News

MOL Group, a multinational Oil & Gas and petrochemicals company, has selected Antea’s risk based inspection (RBI) and inspection data management software (IDMS) for the asset integrity management (AIM) of an upstream plant and processing facility.

A large fire broke out at Toledo Refining Company in Oregon, Ohio on Tuesday. Company officials confirmed everyone is safe and has been accounted for at the site.

Refining New Zealand has confirmed the company will transition its Marsden Point Refinery to an import-only fuel terminal beginning in April 2022, after securing long-term supply agreements with its key customers.

Royal Dutch Shell has halved its crude processing capacity at its Singapore hub and reduced fuel exports, executives said on Tuesday, as the major transits from fossil fuels to cut emissions and meet global low-carbon energy needs.

Acuren has acquired Premium Inspection and Testing Group. Acuren plans to retain all employees and leadership teams to continue growing both companies and provide customers a broader range of service capabilities.

The U.S. Environmental Protection Agency on Thursday proposed giving oil refiners more time to prove compliance with the nation's 2020 and 2021 biofuel blending mandates.

The shuttered Limetree Bay refinery in the U.S. Virgin Islands received a $20 million stalking horse bid from a company looking to restart the facility, according to a Sunday court filing in a Texas bankruptcy court.

Borealis and ADNOC have signed a strategic partnership that confirms an USD 6.2 billion investment agreement to build the fourth Borouge facility – Borouge 4 – at the polyolefin manufacturing complex in Ruwais, United Arab Emirates (UAE).

Sri Lanka has temporarily shut its only oil refinery as part of efforts to manage dwindling foreign exchange reserves, the energy minister said on Tuesday, triggering long queues at petrol stations.

A fire at Pertamina's refinery complex in Cilacap, Central Java province, has been fully extinguished without disrupting production activity, the chief executive of the Indonesian energy company said on Sunday.

Shell and Baker Hughes are collaborating to accelerate the global energy transition by helping each other achieve their respective commitments for net-zero carbon emissions and advancing solutions to decarbonize energy and industrial sectors.

Becht’s industry-leading Corrosion and Metallurgical experts are here to help with significant owner-operator experience covering the refining, petrochemical and chemical industries. This expertise is leveraged to help our clients become more...

Northern Petrochemical Corporation (NPC) recently announced that it plans to build a new carbon-neutral ammonia and methanol production facility in Alberta's Grande Prairie region.

Over the next six years, ExxonMobil plans to invest more than $15 billion on lower greenhouse gas emission initiatives.

Phillips 66 recently announced it plans to convert its Alliance Refinery in Belle Chasse, Louisiana, to a terminal facility. The conversion is expected to take place in 2022.

ExxonMobil has made a final investment decision to proceed with a multi-billion dollar chemical complex in the Dayawan Petrochemical Industrial Park in Huizhou, Guangdong Province in China.