Refining
USW members vote to reject bp's ‘final’ offer to Whiting refinery workers
The U.S. United SteelWorkers (USW) union members voted on Thursday to overwhelmingly reject what energy giant bp called its "last, best, and final" contract proposal to those working at its Whiting refinery in Indiana (U.S.).
Top global refiner Sinopec to cut crude runs by over 10% on Mideast supply squeeze
The cuts by state-owned Sinopec, which accounts for a third of China's refinery output, are part of Beijing's widening measures to curb oil supply disruptions due to Iran's blockage of the Strait of Hormuz, a conduit for 20% of the world's oil.
Japan to consider whether to buy Russian crude following U.S. sanctions waiver
The U.S. waiver allows countries to buy sanctioned Russian oil and petroleum products currently stranded at sea, in what Treasury Secretary Scott Bessent said was a step to stabilize global energy markets, which have been roiled by the Iran war.
America First Refining plans new Texas refinery, first in nearly 50 years
America First Refining (AFR) plans to build the first new U.S. oil refinery in nearly half a century at the Port of Brownsville in South Texas. President Donald Trump announced the project, describing it as part of a broader push to expand domestic energy production and strengthen U.S. energy security.
- Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy 5/18
- OXEA and Air Liquide renew syngas and hydrogen supply agreement for Oberhausen site 5/18
- BASF boosts refinery catalyst innovation with new R&D center in Attapulgus, Georgia (U.S.) 5/18
- Aster and Puraglobe sign MoU to bring world-leading re-refining technology to Asia 5/18
- U.S. oil refiners finally profit from biofuels due to mandates, high fuel prices 5/18
- China's April oil throughput hits lowest since August 2022, inventories rise 5/18
