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Refining

2026 AFPM Annual Meeting: Continuing as a global stabilizing force and shaping the narrative

The 2026 American Fuel and Petrochemical Manufacturers (AFPM) Annual Meeting has kicked off at the Hyatt Regency New Orleans, Louisiana (U.S.) and runs through March 17th.

Oil majors' output in the Middle East

Most western oil and gas majors have significant operations in the Middle East, where the U.S.-Israeli on Iran has disrupted oil and gas shipping and halted some output.

ABB open to pursuing more than one multi-billion-dollar acquisition this year

Equinor has no spare oil and gas capacity, CEO says

The U.S.-Israeli attacks on Iran and the latter's retaliatory strikes across the Middle East have disrupted around a fifth of global oil and liquefied natural gas supply along the Strait of Hormuz, a key chokepoint for Gulf state exports.

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.

Axens joins consortium trying to develop an eFuels plant in Australia

Southern Energy Renewables announce $1.4-B methanol and SAF complex in Louisiana

China teapots maintain refinery runs to cash in on lucrative fuel sales