Industry News

Varo Energy is in talks to acquire Preem's two Swedish refineries in a bet on growing demand for low-carbon biofuels, four industry sources told Reuters.

DÜRR NDT has announced the addition of the D-DR 1043B NDT to its innovative lineup of bendable X-ray detectors for industrial radiography.

Woodside Energy Group has signed an engineering, procurement, and construction contract with Bechtel to develop the Louisiana LNG project.

Mitsui & Co is collaborating with TotalEnergies and the Mozambique government to finalize plans for restarting construction of the Mozambique LNG project.

Colombia's Ecopetrol plans to build a new green hydrogen plant at its refinery in the Caribbean city of Cartagena for some $28.5 million.

A fire at a refinery belonging to Mexican state oil producer Pemex has been extinguished.

Wood has entered into a strategic agreement with Cenosco to provide industrial customers with an enhanced and value-creating asset management solution.

Galp said it has dropped its plan to build the Aurora lithium refinery after it failed to find a new partner to replace Northvolt.

A U.S. labor board judge has ruled ExxonMobil's 10-month-long lockout of some 600 union workers at a Texas refinery during a contract dispute was legal.

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ONEOK has strengthened its position in the Permian Basin by acquiring the remaining shares of EnLink Midstream in a $4.3 billion all-stock deal.

Eni said it had launched the hull of the Nguya Floating Liquefied Natural Gas facility in Nantong, China, to be deployed offshore of the Republic of Congo.

In order to increase advanced recycling rates and divert plastic from landfills, ExxonMobil plans to invest more than $200 million to expand its advanced recycling operations at its sites in Baytown and Beaumont, Texas.

The CSB announced on Wednesday that 27,000 pounds of toxic hydrogen sulfide (H2S) gas were released at Pemex's Deer Park, Texas, refinery on October 10, 2024, causing the deaths of two contract workers.

After wrapping up a planned turnaround, BP has delayed the restart of a crude distillation unit and coker unit at its 435,000 bpd Whiting Refinery after the units experienced issues during the restart process.

ONEOK has agreed to sell three wholly owned interstate natural gas pipeline systems to DT Midstream for a total cash consideration of $1.2 billion subject to customary adjustments.