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Refining

Oxford Flow secures ES valve order worth nearly $1 MM with bp in the U.S.

Oxford Flow, the flow control equipment specialist, has secured its largest order to date, valued at nearly $1 MM, for its ES stemless axial flow valves. The order from bp is a significant milestone in Oxford Flow’s expansion in the U.S. market.

Russia signs memorandum to build port, oil refinery in Myanmar

Myanmar and its close ally Russia signed a memorandum on investment cooperation in a special economic zone in Dawei, including construction of a port and an oil refinery, Russia's Ministry of Economic Development said

Brazil's Petrobras to create 'biorefinery,' powered by $960-MM investment

Brazil's state-run oil company Petrobras will invest around 5.5 B reais ($960 MM) to turn its Riograndense refinery into the country's first biorefinery.

Russia's Ryazan oil refinery halts operations after drone strike

Russia's Ryazan oil refinery has suspended operations after an attack by Ukrainian drones on Monday.

Japan's Eneos shuts 141,000-bpd Sakai CDU after a fire

Japan's biggest refiner, Eneos Corp., shut down a 141,000- bpd crude distillation unit (CDU) at its Sakai refinery on February 17 after a fire there that day.

Russia's idle oil refining capacity estimated 82% up in February

Russia's offline primary oil refining capacity in February is revised up 82% from the initial plan for this month.

U.S. refiners mull switch to alternative lighter crudes amid Trump tariff fears

Top U.S. refiners are poised to seek alternative sources for heavy, sour crudes, including running more domestic grades, as they await clarity around U.S. President Donald Trump's threatened tariffs on imports from the nation's top crude suppliers Canada and Mexico.

PhosAgro sets new agrochemical production and shipment records in January 2025

PhosAgro Group set a new record in terms of its monthly agrochemical production and shipment volumes in January 2025. For the first time in its history, the Group produced over 1 MMt of mineral fertilizers, feed phosphates and sodium tripolyphosphate.

Eneos, Mitsubishi to move ahead with SAF project at Japan's Wakayama

Japan's biggest refiner, Eneos Corp., and trading house Mitsubishi Corp said on Friday they would move forward with front-end engineering design (FEED) for sustainable aviation fuel (SAF) production at the Wakayama plant.

KBR selected by Madoqua to complete feasibility study/preliminary design of a green fuels terminal in Portugal

The facility will serve as a critical component of Madoqua’s green fuels corridor, linking Portugal with the Netherlands and Germany.