Industry News

The CSB has issued its final investigation report on the fatal naphtha release and fire at the BP-Husky Toledo Refinery in Oregon, Ohio, on September 20, 2022, which resulted in the death of two BP employees

Pemex is unlikely to produce any commercially viable motor fuels at its new Olmeca refinery before the end of the year, five sources said.

bp has agreed to acquire Bunge’s 50% holding interest in its bp Bunge Bioenergia S.A. joint venture, one of Brazil’s leading biofuels-producing companies, for $1.4 billion.

Evident, a global leader in microscopy solutions, has formed a strategic partnership with the Connecticut Center for Advanced Technology to accelerate technological innovation within the manufacturing sector.

Owners of an LNG project that has stalled with the bankruptcy of its main contractor are asking a court to immediately oust Zachry Industrial from the project.

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Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, has reached an agreement to acquire 100% of the shares in Pavilion Energy Pte. Ltd.

The Mountain Valley Pipeline recently began operations after satisfying all applicable legal and regulatory requirements, including all in-service conditions of PHMSA's Consent Agreement for the project, and receiving all remaining FERC approvals.

Huntsman Corporation recently opened a new innovation center in Tienen, Belgium, strengthening its research and development capabilities and reinforcing its commitment to its customers in the region.

Worley recently announced a new strategic alliance with BP focused on enhancing efficiency, continuous improvement and value creation across BP’s global Site Projects organization.

U.S. crude oil refining capacity rose 1.5% to 18.38 million barrels per day (bpd) this year, a government report showed on Friday as a major new expansion in Texas boosted capacity.

A U.S. court overseeing the auction of Citgo Petroleum has told bidders seeking to acquire the seventh-largest U.S. oil refiner they may raise their offers after Tuesday's filing deadline.

US oil refiners and West Coast traders are concerned about the quality of crude shipped on the newly completed Trans Mountain pipeline expansion, warning that high vapor pressure and acidity limits could deter purchases of Canadian heavy barrels.

Element Fuels Holdings, a Dallas-area startup, is proposing to build the first all-new U.S. oil refinery in nearly 50 years.

The startup of Golden Pass LNG, the $11 billion joint venture LNG project in Texas, has been delayed by at least six months due to construction turmoil.

Energy producers, refiners, investment funds, and bankers increasingly have shown interest in Citgo's Corpus Christi refinery.