Refining

Rosneft’s Ryazan refinery suspended crude processing after drone strike

Ukraine has ramped up drone attacks deep inside Russia, aiming to knock out oil refineries, depots and pipelines. Ukrainian drones have struck at least 17 major refineries this year.

Chevron joins race to explore potential purchase of Lukoil assets

The U.S. Treasury gave clearance last week to potential buyers to talk to Lukoil about foreign assets. Chevron would join Carlyle and other firms in the race for the Lukoil portfolio worth at least $20 B.

Global oil refining profits surge and may stay strong

The strength in margins contrasts with crude oil markets coming under pressure from an expected oversupply, and has defied expectations earlier this year that the rally could prove to be a short-term blip due to the impact of tariffs.

ExxonMobil to close Scottish chemicals plant in 2026 amid market uncertainty

European chemicals producers, the European Union's fourth-biggest exporting sector after machinery, automotive and pharmaceuticals, have come under pressure from soaring energy costs following Russia's invasion of Ukraine and aging infrastructure, deepening their reliance on imports of key feedstocks such as ethylene and propylene.

Vietnam's Nghi Son to keep high crude runs despite derivative unit maintenance

There will be no major impact on main refinery operations, the spokesperson said, adding the November partial shutdown will include some works at its hydrogen manufacturing unit and a catalyst change at its residue hydrodesulphurization unit.

BGN announces strategic MoU with XCF Global to produce and supply SAF

Chevron joins race to explore potential purchase of Lukoil assets, including refineries

Abra Group and Sumitomo sign MoU to advance affordable SAF in Brazil

Verso Energy awards FEED contract to Rely for the DEZiR eSAF project

HORIBA’s gas and liquid analysis and measurement instruments adopted for INPEX’s Blue Hydrogen and Ammonia Production and Usage Demonstration Project

This project marks Japan’s first initiative to verify the entire value chain, from production to utilization, of blue hydrogen and blue ammonia derived from domestically sourced natural gas.